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Monday, October 25, 2021

Henry Schein Inc. (NASDAQ:HSIC) on the Path to Ruin

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Henry Schein Inc. (HSIC) shares are trading at lower $65.61 and the avg recommendation for the stock is Moderate Buy, while the current analyst price target stands at $72.29.

To add more color to this target, the company’s high over the last year is $73.99 and the low is $41.85. Over the last 52 weeks, HSIC is up 5.62% while the S&P 500 is up 11.51%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, HSIC reported a profit of $454.29 million. Henry Schein Inc. also saw revenues increase to $1.68 billion. In addition, HSIC has free cash flow of -$30.86 million as of 06-2020. The company’s EBITDA came in at $39.68 million which compares well with its peers.

HSIC booked profit margins of 6.30%, its Return on Equity (ROE) is 20.00%, and its Return on Assets is 8.10%. All told, it is clear that, HSIC needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. HSIC has a short ratio of 6.52 and outstanding shares of 142.35M.

Company Outlook

HSIC has seen increased volume after this news and investors are putting their support behind the value proposition. Traders will also note the company’s earnings per share came in at 3.99. Henry Schein Inc. HSIC also noted assets of $7.32 billion at the end of the last quarter. Investors should also keep an eye on sector updates as HSIC has historically followed its peers on positive news.

All told, Henry Schein Inc. HSIC has strung together solid data and demonstrated underlying fundamentals. At its current valuation, HSIC represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Henry Schein Inc. HSIC is now commanding a market cap of 9.21B and a float of 140.76M. HSIC is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of HSIC stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in HSIC, either long or short, and we have not been compensated for this article.

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