William Blair Comments on Henry Schein, Inc.’s Q4 2022 Earnings (NASDAQ:HSIC)

Henry Schein, Inc. (NASDAQ:HSICGet Rating) – Equities researchers at William Blair raised their Q4 2022 earnings per share estimates for shares of Henry Schein in a research report issued on Tuesday, August 2nd. William Blair analyst J. Kreger now forecasts that the company will post earnings of $1.22 per share for the quarter, up from their prior estimate of $1.17. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for Henry Schein’s current full-year earnings is $4.85 per share.

Henry Schein (NASDAQ:HSICGet Rating) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $1.16 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.16. The company had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.12 billion. Henry Schein had a return on equity of 15.56% and a net margin of 5.11%. The firm’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.11 EPS.

A number of other research firms have also recently commented on HSIC. Credit Suisse Group lowered their price target on Henry Schein from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Wednesday. Stifel Nicolaus lowered their price target on Henry Schein from $90.00 to $80.00 in a report on Friday, June 17th. Robert W. Baird cut Henry Schein from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $103.00 to $88.00 in a report on Tuesday, June 14th. Barrington Research decreased their price objective on Henry Schein from $102.00 to $99.00 and set an “outperform” rating on the stock in a report on Wednesday. Finally, StockNews.com cut Henry Schein from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Henry Schein has an average rating of “Hold” and a consensus target price of $87.14.

Henry Schein Trading Up 1.7 %

Shares of NASDAQ:HSIC opened at $75.38 on Friday. The stock has a 50 day moving average of $77.98 and a 200 day moving average of $81.97. The company has a current ratio of 1.83, a quick ratio of 0.91 and a debt-to-equity ratio of 0.18. Henry Schein has a 12-month low of $70.25 and a 12-month high of $92.68. The company has a market cap of $10.41 billion, a PE ratio of 16.18, a price-to-earnings-growth ratio of 2.01 and a beta of 0.75.

Insider Activity

In other news, EVP Gerald A. Benjamin sold 11,489 shares of the business’s stock in a transaction that occurred on Thursday, May 26th. The stock was sold at an average price of $85.47, for a total transaction of $981,964.83. Following the transaction, the executive vice president now owns 95,616 shares of the company’s stock, valued at approximately $8,172,299.52. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Henry Schein

Several hedge funds have recently bought and sold shares of HSIC. Covestor Ltd bought a new position in Henry Schein in the 4th quarter valued at $35,000. National Bank of Canada FI bought a new position in Henry Schein in the 4th quarter valued at $42,000. Venture Visionary Partners LLC bought a new position in Henry Schein in the 2nd quarter valued at $46,000. Quent Capital LLC bought a new position in Henry Schein in the 4th quarter valued at $47,000. Finally, Dupont Capital Management Corp grew its position in Henry Schein by 46.2% in the 1st quarter. Dupont Capital Management Corp now owns 611 shares of the company’s stock valued at $53,000 after acquiring an additional 193 shares during the last quarter. Institutional investors own 94.30% of the company’s stock.

Henry Schein Company Profile

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Henry Schein, Inc provides health care products and services to dental practitioners and laboratories, physician practices, government, institutional health care clinics, and other alternate care clinics worldwide. It operates through two segments, Health Care Distribution, and Technology and Value-Added Services.

See Also

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

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