Henry Schein (HSIC) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Henry Schein in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HSIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSIC, but not buy additional shares or sell existing shares.
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8 Wall Street research analysts have issued 12-month price objectives for Henry Schein's stock. Their HSIC share price forecasts range from $69.00 to $97.00. On average, they predict the company's share price to reach $85.67 in the next twelve months. This suggests a possible upside of 13.6% from the stock's current price.
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Henry Schein's stock was trading at $79.87 at the start of the year. Since then, HSIC shares have decreased by 5.6% and is now trading at $75.38.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our HSIC earnings forecast.

Henry Schein, Inc. (NASDAQ:HSIC) announced its quarterly earnings data on Tuesday, May, 9th. The company reported $1.21 EPS for the quarter, missing analysts' consensus estimates of $1.23 by $0.02. The company had revenue of $3.06 billion for the quarter, compared to analysts' expectations of $3.09 billion. Henry Schein had a trailing twelve-month return on equity of 15.41% and a net margin of 3.82%. Henry Schein's revenue was down 3.7% compared to the same quarter last year. During the same period last year, the company posted $1.30 EPS.
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ETFs with the largest weight of Henry Schein (NASDAQ:HSIC) stock in their portfolio include SPDR S&P Health Care Services ETF (XHS), American CenturyFocused Large Cap Value ETF (FLV), First Trust Health Care AlphaDEX Fund (FXH), Invesco S&P 500 Equal Weight Health Care ETF (RYH), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG), LeaderShares AlphaFactor US Core Equity ETF (LSAF), Invesco Defensive Equity ETF (DEF) and Invesco S&P 500 Value with Momentum ETF (SPVM).

Henry Schein's stock split before market open on Friday, September 15th 2017. The 2-1 split was announced on Wednesday, August 16th 2017. The newly minted shares were issued to shareholders after the market closes on Thursday, September 14th 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Henry Schein announced that its board has authorized a share repurchase plan on Thursday, August 18th 2022, which permits the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

Henry Schein updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of $5.18-$5.35 for the period, compared to the consensus estimate of $5.33. The company issued revenue guidance of $12.77 billion-$13.03 billion, compared to the consensus revenue estimate of $12.83 billion.

451 employees have rated Henry Schein Chief Executive Officer Stanley M. Bergman on Glassdoor.com. Stanley M. Bergman has an approval rating of 94% among the company's employees. This puts Stanley M. Bergman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Henry Schein investors own include Alibaba Group (BABA), Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), Intel (INTC), NVIDIA (NVDA), QUALCOMM (QCOM), CVS Health (CVS), Micron Technology (MU) and AT&T (T).

Henry Schein trades on the NASDAQ under the ticker symbol "HSIC."

Henry Schein's stock is owned by a number of institutional and retail investors. Top institutional investors include Generation Investment Management LLP (9.44%), BlackRock Inc. (7.85%), Longview Partners Guernsey LTD (5.54%), State Street Corp (5.15%), Perpetual Ltd (3.25%) and American Century Companies Inc. (3.07%). Insiders that own company stock include Bradford C Connett, Deborah Derby, Gerald A Benjamin, James P Breslawski, Kurt P Kuehn, Lorelei Mcglynn, Mark E Mlotek, Michael S Ettinger, Philip A Laskawy, Scott Philip Serota, Stanley M Bergman, Steven Paladino and Walter Siegel.
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Shares of HSIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HSIC stock can currently be purchased for approximately $75.38.

Henry Schein (NASDAQ:HSIC) has a market capitalization of $9.87 billion and generates $12.65 billion in revenue each year. The company earns $538 million in net income (profit) each year or $3.50 on an earnings per share basis.

The company employs 22,000 workers across the globe.

Henry Schein's mailing address is 135 DURYEA RD, MELVILLE NY, 11747. The official website for the company is www.henryschein.com. The company can be reached via phone at (631) 843-5500, via email at steven.paladino@henryschein.com, or via fax at 631-843-5541.