HENRY SCHEIN INC (NASDAQ: HSIC) has reported earnings for its second fiscal quarter (ending June 30) of $0.81 versus $1.07 for the same period a year ago — a decline of -24%. This result fell short of the consensus estimate of $1.22 by $-0.41. E.P.S. were $2.72 for the latest four quarters through June 30 versus $3.44 for the same period a year ago — a decline of -21%.
Recent Price Action
HENRY SCHEIN INC (NASDAQ: HSIC) stock suffered a large decline of -8.1% on 8/6/24. The stock closed at $63.92. Moreover, this decline was accompanied by exceptionally high trading volume at 607% of normal. The stock has been weak relative to the market over the last nine months and has declined -10.6% 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. HENRY SCHEIN INC has a neutral Appreciation Score of 51 but a poor Power Rating of 25, and the Negative Value Trend Rating results.
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.
Be the first to comment