Henry Schein, Inc. (NASDAQ:HSIC) – Investment analysts at Gabelli issued their FY2021 earnings per share estimates for shares of Henry Schein in a report issued on Tuesday. Gabelli analyst K. Kedra forecasts that the brokerage will post earnings of $11.30 per share for the year. Gabelli has a “Buy” rating and a $208.00 price objective on the stock.

Henry Schein (NASDAQ:HSIC) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $1.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.65 by $0.03. The company earned $2.87 billion during the quarter, compared to analysts’ expectations of $2.88 billion. Henry Schein had a net margin of 4.40% and a return on equity of 18.15%. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.55 earnings per share.

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Earnings History and Estimates for Henry Schein (NASDAQ:HSIC)

A number of other equities analysts have also recently weighed in on HSIC. Robert W. Baird raised Henry Schein from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $164.00 to $170.00 in a report on Tuesday, January 3rd. Zacks Investment Research cut Henry Schein from a “hold” rating to a “sell” rating in a report on Monday. Northcoast Research cut Henry Schein from a “buy” rating to a “neutral” rating in a report on Tuesday, December 6th. Leerink Swann reaffirmed a “hold” rating on shares of Henry Schein in a report on Thursday, November 3rd. Finally, Goldman Sachs Group, Inc. (The) raised Henry Schein from a “neutral” rating to a “buy” rating and set a $185.00 price target for the company in a report on Tuesday, October 11th. One analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company. Henry Schein currently has an average rating of “Hold” and a consensus price target of $178.28.

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Henry Schein (NASDAQ:HSIC) traded down 0.21% on Wednesday, hitting $157.76. 614,091 shares of the stock traded hands. The stock has a 50-day moving average price of $152.40 and a 200 day moving average price of $162.18. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 26.20 and a beta of 1.04. Henry Schein has a 1-year low of $142.64 and a 1-year high of $183.00.

Several large investors have recently bought and sold shares of HSIC. LMR Partners LLP boosted its stake in Henry Schein by 220.5% in the second quarter. LMR Partners LLP now owns 7,765 shares of the company’s stock valued at $1,373,000 after buying an additional 5,342 shares in the last quarter. Montag & Caldwell LLC boosted its stake in Henry Schein by 0.3% in the second quarter. Montag & Caldwell LLC now owns 2,700 shares of the company’s stock valued at $477,000 after buying an additional 7 shares in the last quarter. Artemis Investment Management LLP boosted its stake in Henry Schein by 97.5% in the second quarter. Artemis Investment Management LLP now owns 111,236 shares of the company’s stock valued at $19,666,000 after buying an additional 54,920 shares in the last quarter. Retirement Systems of Alabama boosted its stake in Henry Schein by 0.3% in the second quarter. Retirement Systems of Alabama now owns 41,838 shares of the company’s stock valued at $7,397,000 after buying an additional 105 shares in the last quarter. Finally, Wagner Bowman Management Corp bought a new stake in Henry Schein during the second quarter valued at approximately $231,000. 91.29% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “Henry Schein, Inc. Forecasted to Post FY2021 Earnings of $11.30 Per Share (HSIC)” was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/01/11/henry-schein-inc-forecasted-to-post-fy2021-earnings-of-11-30-per-share-hsic.html.

In related news, Director Kurt P. Kuehn purchased 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 12th. The stock was purchased at an average price of $151.41 per share, with a total value of $151,410.00. Following the completion of the acquisition, the director now owns 2,039 shares in the company, valued at $308,724.99. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark E. Mlotek sold 2,417 shares of the stock in a transaction that occurred on Thursday, November 3rd. The shares were sold at an average price of $155.19, for a total value of $375,094.23. Following the completion of the sale, the executive vice president now directly owns 40,456 shares of the company’s stock, valued at approximately $6,278,366.64. The disclosure for this sale can be found here. 1.27% of the stock is owned by corporate insiders.

Henry Schein Company Profile

Henry Schein, Inc is a provider of health care products and services to office-based dental, animal health and medical practitioners. The Company’s segments include healthcare distribution, and technology and value-added services. The healthcare distribution segment aggregates its global dental, animal health and medical operating segments.

5 Day Chart for NASDAQ:HSIC

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