Henry Schein, Inc. (NASDAQ:HSIC) has a beta value of 0.9 and has seen 1,240,313 shares traded in the recent trading session. The company, currently valued at $11.2 Billion, closed the recent trade at $78.55 per share which meant it gained $4.54 on the day or 6.13% during that session. The HSIC stock price is -0.38% off its 52-week high price of $78.85 and 40.19% above the 52-week low of $46.98. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.1 Million shares traded. The 3-month trading volume is 1.08 Million shares.
The consensus among analysts is that Henry Schein, Inc. (HSIC) is an Overweight stock at the moment, with a recommendation rating of 2.5. 1 analysts rate the stock as a Sell, while 1 rate it as Overweight. 7 out of 16 have rated it as a Hold, with 6 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $0.84.
Henry Schein, Inc. (NASDAQ:HSIC) trade information
Sporting 6.13% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, May 04 when the HSIC stock price touched $78.85- or saw a rise of 0.44%. Year-to-date, Henry Schein, Inc. shares have moved 17.41%, while the 5-day performance has seen it change 7.33%. Over the past 30 days, the shares of Henry Schein, Inc. (NASDAQ:HSIC) have changed 14.31%. Short interest in the company has seen 4.09 Million shares shorted with days to cover at 3.79.
Wall Street analysts have a consensus price target for the stock at $73.57, which means that the shares’ value could jump -6.34% from the levels at last check today. The projected low price target is $59 while the price target rests at a high of $93. In that case, then, we find that the latest price level in today’s session is +18.4% off the targeted high while a plunge would see the stock lose -24.89% from the levels at last check today.
Henry Schein, Inc. (HSIC) estimates and forecasts
13 analysts offering their estimates for the company have set an average revenue estimate of $2.81 Billion for the current quarter. 13 have an estimated revenue figure of $2.82 Billion for the next quarter concluding in June 01, 2021. Year-ago sales stood $2.43 Billion and $1.68 Billion respectively for this quarter and the next, and analysts expect sales will grow by 15.9% for the current quarter and 67.3% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -0.3% over the past 5 years. Earnings growth for 2021 is a modest -40.2% while over the next 5 years, the company’s earnings are expected to increase by 14.43%.
Henry Schein, Inc. (NASDAQ:HSIC)’s Major holders
Insiders own 1.19% of the company shares, while shares held by institutions stand at 98.33% with a share float percentage of 99.51%. Investors are also buoyed by the number of investors in a company, with Henry Schein, Inc. having a total of 799 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 15.75 Million shares worth more than $1.05 Billion. As of December 30, 2020, Vanguard Group, Inc. (The) held 11.07% of shares outstanding.
The other major institutional holder is Generation Investment Management LLP, with the holding of over 13.38 Million shares as of December 30, 2020. The firm’s total holdings are worth over $894.51 Million and represent 9.4% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Mid-Cap Index Fund. As of December 30, 2020, the former fund manager holds about 2.84% shares in the company for having 4042882 shares of worth $270.31 Million while later fund manager owns 3.22 Million shares of worth $215.46 Million as of December 30, 2020, which makes it owner of about 2.27% of company’s outstanding stock.