Henry Schein (HSIC) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Henry Schein in the last twelve months. There are currently 1 sell rating, 3 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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7 analysts have issued 1 year price objectives for Henry Schein's stock. Their HSIC share price forecasts range from $69.00 to $97.00. On average, they anticipate the company's share price to reach $84.00 in the next year. 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 on January 1st, 2023. Since then, HSIC shares have decreased by 7.4% and is now trading at $73.95.
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Henry Schein saw a increase in short interest in September. As of September 15th, there was short interest totaling 2,380,000 shares, an increase of 10.2% from the August 31st total of 2,160,000 shares. Based on an average daily volume of 798,300 shares, the days-to-cover ratio is currently 3.0 days. Approximately 1.9% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our HSIC earnings forecast.

Henry Schein, Inc. (NASDAQ:HSIC) issued its quarterly earnings results on Monday, August, 7th. The company reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.03. The business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.13 billion. Henry Schein had a trailing twelve-month return on equity of 15.76% and a net margin of 3.64%. The firm's quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.16 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), Invesco S&P 500 Equal Weight Health Care ETF (RSPH), Invesco S&P 500 Equal Weight Health Care ETF (RYH), First Trust Health Care AlphaDEX Fund (FXH), Invesco ESG NASDAQ Next Gen 100 ETF (QQJG), Invesco NASDAQ Next Gen 100 ETF (QQQJ) and First Trust Active Factor Mid Cap ETF (AFMC).

Henry Schein shares split on the morning of Friday, September 15th 2017. The 2-1 split was announced on Wednesday, August 16th 2017. The newly minted shares were distributed to shareholders after the closing bell 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 declared that its Board of Directors has approved a share repurchase plan on Thursday, August 18th 2022, which allows the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its shares are undervalued.

Henry Schein issued an update on its FY 2023 earnings guidance on Monday, August, 7th. The company provided EPS guidance of $5.18-$5.35 for the period, compared to the consensus EPS estimate of $5.27. 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.61%), Bank Julius Baer & Co. Ltd Zurich (5.14%), State Street Corp (5.16%), JPMorgan Chase & Co. (3.61%), Perpetual Ltd (3.32%) and Longview Partners Guernsey LTD (2.49%). Insiders that own company stock include Bradford C Connett, David B Brous Jr, Deborah Derby, Gerald A Benjamin, James P Breslawski, 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 $73.95.

Henry Schein (NASDAQ:HSIC) has a market capitalization of $9.66 billion and generates $12.65 billion in revenue each year. The company earns $538 million in net income (profit) each year or $3.40 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.