Where Does Henry Schein, Inc. (NASDAQ:HSIC) Stock Go From Here?

Henry Schein Inc

Henry Schein Inc

Short traders are feeling a little more bearish on shares of the company of late if you consider the rise in short interest. YorkBridge Wealth Partners LLC now owns 570 shares of the company's stock valued at $104,000 after acquiring an additional 28 shares in the last quarter. YorkBridge Wealth Partners LLC increased its position in Henry Schein by 5.2% in the 2nd quarter.

Growth in earnings per share is everything. Analyst's mean target price for Henry Schein, Inc. is $83.93. FTB Advisors Inc. increased its position in Henry Schein by 100.0% in the 3rd quarter. Creative Planning lifted its stake in shares of Henry Schein by 4.8% in the second quarter. Corporate insiders own 1.19% of the company's stock.

Several brokerages have commented on HSIC. The count of Hold ratings in that period was 0. Stifel Nicolaus reduced their target price on Henry Schein from $89.00 to $77.00 and set a "hold" rating for the company in a research note on Tuesday, November 7th. Royal Bank Of Canada lowered the price target on November 7 changing the price objective from $91.00 to $82.00 and issued a "Sector Perform" recommendation. Zacks Investment Research lowered Henry Schein from a "buy" rating to a "hold" rating in a research note on Wednesday, August 9th. BlackRock Fund Advisors now owns 2,369,132 shares of the company's stock valued at $418,863,000 after buying an additional 55,384 shares during the last quarter. The consensus target price is $171.80 with 5 firms rating the stock a strong buy, 1 firm rating the stock a buy, 8 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

Ubs Asset Management Americas Inc reports that it raised its stake in Henry Schein Inc by 3,487 shares in a 13F filing with the SEC. "(HSIC)" was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another site, it was illegally copied and republished in violation of USA & global copyright legislation. The correct version of this piece can be read at https://www.dispatchtribunal.com/2017/11/14/jennison-associates-llc-buys-65945-shares-of-henry-schein-inc-hsic.html.

Now we see the performance from the period beginning the first day of the current calendar or fiscal year up to the current date. (NASDAQ:HSIC) stock have made investors to juggle around with their spending. (HSIC) over recent time; they noted that 3.87 million shares changed at hands contradiction to its average trading volume of 1.76 million. The stock has a market capitalization of $10,523.79, a P/E ratio of 18.81, a P/E/G ratio of 1.89 and a beta of 1.03.

Henry Schein (NASDAQ:HSIC) last posted its quarterly earnings data on Monday, November 6th. The Company's price to free cash flow for trailing twelve months is 0.00. Henry Schein had a return on equity of 18.15% and a net margin of 4.40%. We are disappointed with the company's lowering of the high end of the 2017 EPS guidance indicating a gloomy scenario ahead. The company reported $0.87 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.90 by ($0.03). As of quarter end American International Group Inc had bought a total of 23,440 shares growing its stake by 71.5%. This repurchase authorization permits the company to repurchase up to 6.3% of its shares through open market purchases.

Stock indexes closed modestly higher as gains for consumer and household goods companies were partly offset by losses in industrial and energy stocks. In this case, shares are -1.9% lower, the worst price in 52 weeks suffered on November 10, 2017, but are collecting gains at -23.86% for the past six months. The stock was sold at an average price of $172.51, for a total value of $366,756.26. Following the transaction, the senior vice president now owns 17,841 shares of the company's stock, valued at $3,077,750.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The Company operates through two segments: healthcare distribution, and technology and value-added services.