HENRY SCHEIN INC (NASDAQ: HSIC) has reported earnings for its first fiscal quarter (ending March 31) of $0.72 versus $0.92 for the same period a year ago — a decline of -22%. This result fell short of the consensus estimate of $1.25 by $-0.52. For the latest four quarters through March 31, E.P.S. were $2.98 versus $3.54 for the same period a year ago — a decline of -16%.
Recent Price Action
HENRY SCHEIN INC (NASDAQ: HSIC) stock enjoyed a large increase of 3.9% on 5/7/24. The stock closed at $71.20. Moreover, this advance was accompanied by unusually high trading volume at 195% of normal. The stock has performed in line with the market over the last nine months and has declined -2.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HSIC is expected to continue to be an important 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 consistent signals. HENRY SCHEIN INC has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 33, triggering 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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