Stock Rating Upgrade
The Value Trend Rating for HENRY SCHEIN INC (NASDAQ: HSIC) improved in the last week from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
HENRY SCHEIN INC (NASDAQ: HSIC) stock declined slightly by -0.7% on 5/1/24. The stock closed at $68.78. However, trading volume in this decline was below average at 77% of normal. The stock has performed in line with the market over the last nine months and has declined -5.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above 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 C (Low Neutral). This VT Rating improved in recent days from D previously. 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 50 and a slightly negative Power Rating of 33, producing the Low Neutral Value Trend Rating.
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