It has been reported that multiple insider activity took place at Henry Schein, Inc. (HSIC). Director LASKAWY PHILIP A sold 1,084 shares for $32,899 in transaction occurred on 2019/03/12. After making this transaction, Director owns a direct stake of 3 shares, worth $2,032,500, as per the last closing price. On 2019/03/04 LASKAWY PHILIP A, Director at HSIC, dumped 3,591 shares at an average price of $59.12 per share. The selling total is valued at $2,099,470.
SVP Corp/Legal Ch of Staff Sec, Ettinger Michael S had divested 7,425 shares for $65,683 through a trade on 2018/12/10. Following this activity, the insider holds -27 shares worth $4,057,896 as of recent close.
Vanguard Total Stock Market Index Fund revealed as top hedge fund owner in Henry Schein, Inc. (HSIC) with a stake of over 3.91M HSIC shares as of September 29, with a market value of approx. $332.28M as of today. The second largest holder, Vanguard Mid-Cap Index Fund, with 3.59M shares which equates to $305.43M worth of the stock. At third is Vanguard 500 Index Fund, which stood pat with 2.85M shares, a 2.59% position in Henry Schein, Inc., worth $242.52M. The insider holding in stood at 0.9% while institutions hold 0%.
Henry Schein, Inc. (NASDAQ:HSIC) rose 1.4% in recent trade and currently has a stock-market value of $9.37B. The shares finished at $61.78, after trading as low as $60.51 earlier in the session. It hit an intraday high Friday at $62.11. Trading activity significantly weakened as the volume at ready counter decreased to 1,236,989 shares versus 1,326,890 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 1,869,886 shares. The stock is now 15.15% above against its bear-market low of $53.65 on March 07, 2019. It has retreated -47.86% since it’s 52-week high of $91.35 reached in December. Now the market price is up 13.04% on the year and up 0.37% YTD.
HSIC stock’s 50 day simple moving average (SMA 50) price is $62.1 and its 200-day simple moving average (SMA 200) price is $76.21. The company’s stock currently has a total float of 149.69M shares. Its weekly volatility is hovering around 2.11% and felt 1.91% volatility in price over a month. On the upside, the share price will test short term resistance at around $62.42. On a downside, the stock is likely to find some support, which begins at $60.82. The failure to get near-term support could push it to $59.87.
It had seen a new analyst call from UBS, which initiated the stock at Sell on January 17. Analysts at Evercore ISI, shed their positive views on January 03 by lowering it fromIn-line to Underperform. The stock lost favor of Robert W. Baird analysts who expressed their lack of confidence in it using a downgrade from Outperform to Neutral on January 02.
When looking at valuations, Henry Schein, Inc. (HSIC) has a cheap P/E of 18.12x as compared to industry average of 32.18x. Moreover, it trades for 16.55 times the next 12 months of expected earnings. Also, it is trading at rather expensive levels at just over 3.16x price/book and 0.71x price/sales. Compared to others, Henry Schein, Inc. is in a different league with regards to profitability, having net margins of 4.1%. To put some perspective around this, the industry’s average net margin is 13.29%. HSIC’s ROE is 18.2%, which is also considerably better than the industry’s ROE of 16.43%. It’s also very liquid in the near term, with a current ratio of 1.3. The stock has a debt/capital of 0.66.
Shares of HSIC have dropped -2.1% since the company’s most recent earnings report. Over the past 12 fiscal quarters, Henry Schein, Inc. (NASDAQ:HSIC) has topped consensus earnings estimates in 10 quarters (83%), missed earnings in 1 quarters (8%), whereas at 1 occasion EPS met analyst expectations. HSIC last reported earnings that exceeded expectations. The company raked in $1.12 per share, 14.29% change on the same period last year. That was better than consensus for $1.11. Revenue for the recent quarter stood at $3.38 billion, up 2% on last year and below the $3.46 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $2.39 billion to $2.49 billion, which should be compared with $3.47 billion generated last year. EPS is seen in a range of $0.8 to $0.89, against the $1.09 reported a year ago.