Henry Schein, Inc. Forecasted to Post FY2021 Earnings of $11.30 Per Share (HSIC)

Henry Schein, Inc. (NASDAQ:HSIC) – Stock analysts at Gabelli issued their FY2021 earnings per share (EPS) estimates for Henry Schein in a research note issued on Tuesday. Gabelli analyst K. Kedra anticipates that the firm will post earnings per share of $11.30 for the year. Gabelli currently has a “Buy” rating and a $208.00 price target on the stock.

Several other brokerages have also recently issued reports on HSIC. Zacks Investment Research cut Henry Schein from a “hold” rating to a “sell” rating in a research note on Tuesday, September 20th. Goldman Sachs Group, Inc. (The) upgraded Henry Schein from a “neutral” rating to a “buy” rating and set a $185.00 price objective on the stock in a research note on Tuesday, October 11th. J P Morgan Chase & Co reiterated a “hold” rating and issued a $163.00 price objective on shares of Henry Schein in a research note on Thursday, November 3rd. Robert W. Baird cut Henry Schein from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $176.00 to $164.00 in a research note on Friday, October 14th. Finally, Leerink Swann reiterated a “hold” rating on shares of Henry Schein in a research note on Thursday, November 3rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $178.28.

Earnings History and Estimates for Henry Schein (NASDAQ:HSIC)

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Henry Schein (NASDAQ:HSIC) traded down 0.21% during mid-day trading on Wednesday, reaching $157.76. The company’s stock had a trading volume of 614,091 shares. Henry Schein has a one year low of $142.64 and a one year high of $183.00. The firm has a market cap of $12.70 billion, a PE ratio of 26.20 and a beta of 1.04. The stock’s 50 day moving average is $152.40 and its 200 day moving average is $162.18.

Henry Schein (NASDAQ:HSIC) last announced its earnings results on Wednesday, November 2nd. The company reported $1.68 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.03. Henry Schein had a return on equity of 18.15% and a net margin of 4.40%. The firm had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.88 billion. During the same period in the previous year, the business earned $1.55 EPS. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis.

In other news, Director Kurt P. Kuehn bought 1,000 shares of the business’s stock in a transaction dated Monday, December 12th. The shares were acquired at an average price of $151.41 per share, for a total transaction of $151,410.00. Following the completion of the transaction, the director now owns 2,039 shares of the company’s stock, valued at $308,724.99. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark E. Mlotek sold 2,417 shares of Henry Schein stock in a transaction dated Thursday, November 3rd. The stock was sold at an average price of $155.19, for a total value of $375,094.23. Following the sale, the executive vice president now owns 40,456 shares in the company, valued at approximately $6,278,366.64. The disclosure for this sale can be found here. Insiders own 1.27% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This report was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be accessed at https://sportsperspectives.com/2017/01/11/henry-schein-inc-forecasted-to-post-fy2021-earnings-of-11-30-per-share-hsic.html.

Several hedge funds have recently bought and sold shares of HSIC. Advisor Group Inc. bought a new position in Henry Schein during the second quarter worth about $106,000. FineMark National Bank & Trust raised its position in Henry Schein by 3.3% in the third quarter. FineMark National Bank & Trust now owns 651 shares of the company’s stock worth $106,000 after buying an additional 21 shares in the last quarter. Global X Management Co. LLC raised its position in Henry Schein by 18.7% in the second quarter. Global X Management Co. LLC now owns 661 shares of the company’s stock worth $117,000 after buying an additional 104 shares in the last quarter. Quadrant Capital Group LLC raised its position in Henry Schein by 0.4% in the second quarter. Quadrant Capital Group LLC now owns 742 shares of the company’s stock worth $128,000 after buying an additional 3 shares in the last quarter. Finally, Van ECK Associates Corp raised its position in Henry Schein by 29.1% in the second quarter. Van ECK Associates Corp now owns 727 shares of the company’s stock worth $129,000 after buying an additional 164 shares in the last quarter. Institutional investors and hedge funds own 91.29% of the company’s stock.

About Henry Schein

Henry Schein, Inc is a provider of health care products and services to office-based dental, animal health and medical practitioners. The Company’s segments include healthcare distribution, and technology and value-added services. The healthcare distribution segment aggregates its global dental, animal health and medical operating segments.

5 Day Chart for NASDAQ:HSIC

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