Henry Schein, Inc. (NASDAQ:HSIC – Get Score) noticed a big enhance in brief curiosity within the month of November. As of November thirtieth, there was quick curiosity totalling 5,610,000 shares, a rise of 6.0% from the November fifteenth complete of 5,290,000 shares. Roughly 4.2% of the corporate’s shares are bought quick. Primarily based on a median day by day quantity of 1,030,000 shares, the short-interest ratio is presently 5.4 days.
Henry Schein Inventory Down 1.8 %
Shares of HSIC traded down $1.45 throughout mid-day buying and selling on Friday, reaching $80.66. The corporate had a buying and selling quantity of two,273,728 shares, in comparison with its common quantity of 943,408. The corporate has a market capitalization of $10.93 billion, a price-to-earnings ratio of 17.53, a price-to-earnings-growth ratio of two.20 and a beta of 0.83. Henry Schein has a 52 week low of $64.75 and a 52 week excessive of $92.68. The corporate has a debt-to-equity ratio of 0.22, a fast ratio of 1.00 and a present ratio of 1.84. The agency has a 50-day transferring common value of $75.63 and a 200 day transferring common value of $75.31.
Henry Schein (NASDAQ:HSIC – Get Score) final launched its quarterly earnings information on Tuesday, November 1st. The corporate reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.01. The enterprise had income of $3.07 billion for the quarter, in comparison with analysts’ expectations of $3.22 billion. Henry Schein had a return on fairness of 15.48% and a web margin of 5.06%. On common, sell-side analysts forecast that Henry Schein will submit 4.83 EPS for the present 12 months.
Insider Exercise at Henry Schein
In associated information, CEO Stanley M. Bergman bought 54,216 shares of the enterprise’s inventory in a transaction dated Monday, December twelfth. The inventory was bought at a median value of $81.16, for a complete transaction of $4,400,170.56. Following the transaction, the chief government officer now owns 488,126 shares within the firm, valued at roughly $39,616,306.16. The sale was disclosed in a doc filed with the SEC, which could be accessed by way of the SEC web site. 1.00% of the inventory is owned by firm insiders.
Institutional Traders Weigh In On Henry Schein
A number of hedge funds and different institutional buyers have just lately modified their holdings of the inventory. Cambridge Funding Analysis Advisors Inc. elevated its stake in shares of Henry Schein by 2.4% within the 1st quarter. Cambridge Funding Analysis Advisors Inc. now owns 5,262 shares of the corporate’s inventory value $459,000 after buying an extra 122 shares within the final quarter. Johnson Monetary Group Inc. elevated its stake in shares of Henry Schein by 1.9% within the 2nd quarter. Johnson Monetary Group Inc. now owns 7,733 shares of the corporate’s inventory value $594,000 after buying an extra 147 shares within the final quarter. Kentucky Retirement Programs Insurance coverage Belief Fund elevated its stake in shares of Henry Schein by 3.4% within the third quarter. Kentucky Retirement Programs Insurance coverage Belief Fund now owns 4,878 shares of the corporate’s inventory value $321,000 after buying an extra 161 shares within the final quarter. Wetherby Asset Administration Inc. elevated its stake in shares of Henry Schein by 1.6% within the 1st quarter. Wetherby Asset Administration Inc. now owns 10,860 shares of the corporate’s inventory value $947,000 after buying an extra 171 shares within the final quarter. Lastly, Sepio Capital LP elevated its stake in shares of Henry Schein by 2.8% within the third quarter. Sepio Capital LP now owns 6,442 shares of the corporate’s inventory value $424,000 after buying an extra 175 shares within the final quarter. 94.99% of the inventory is presently owned by hedge funds and different institutional buyers.
Analysts Set New Worth Targets
A number of analysts have weighed in on HSIC shares. StockNews.com began protection on Henry Schein in a analysis report on Wednesday, October twelfth. They set a “purchase” ranking on the inventory. Piper Sandler minimize their value goal on Henry Schein from $96.00 to $85.00 and set an “obese” ranking on the inventory in a analysis report on Monday, September twenty sixth. Lastly, William Blair reaffirmed a “market carry out” ranking on shares of Henry Schein in a analysis report on Tuesday, November 1st. One analysis analyst has rated the inventory with a promote ranking, 4 have assigned a maintain ranking and 4 have assigned a purchase ranking to the corporate. In response to MarketBeat.com, the inventory presently has a median ranking of “Maintain” and a consensus value goal of $84.67.
About Henry Schein
(Get Score)
Henry Schein, Inc gives well being care services to dental practitioners and laboratories, doctor practices, authorities, institutional well being care clinics, and different alternate care clinics worldwide. It operates by way of two segments, Well being Care Distribution, and Expertise and Worth-Added Companies.
Really useful Tales
This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
Earlier than you take into account Henry Schein, you will wish to hear this.
MarketBeat retains monitor of Wall Road’s top-rated and finest performing analysis analysts and the shares they suggest to their purchasers each day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Henry Schein wasn’t on the record.
Whereas Henry Schein presently has a “Maintain” ranking amongst analysts, top-rated analysts consider these 5 shares are higher buys.
View The 5 Shares Right here
