Alert: New Earnings Report (2/27/24)-HENRY SCHEIN INC (NASDAQ: HSIC).

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HENRY SCHEIN INC (NASDAQ: HSIC) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.13 versus $0.35 for the same period a year ago — a decline of -63%. Relative to the consensus estimate of $0.70, this was a shortfall of $-0.57. For the latest four quarters through December 31, E.P.S. were $3.18 compared to $3.95 a year ago — a decline of -19%.

Recent Price Action

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HENRY SCHEIN INC (NASDAQ: HSIC) stock closed at $77.85 on 2/27/24 after a decline of -3.4%. Moreover, exceptionally high trading volume at 244% of normal accompanied the decline. The stock has risen 2.9% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, HSIC is expected to continue to be a major Value Builder.

HENRY SCHEIN INC has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. HENRY SCHEIN INC has a slightly negative Power Rating of 38 and a slightly negative Appreciation Score of 37, resulting in the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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