Henry Schein, Inc. (HSIC) Given Average Rating of “Hold” by Brokerages

Shares of Henry Schein, Inc. (NASDAQ:HSIC) have been assigned a consensus recommendation of “Hold” from the eighteen research firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $84.23.

Several analysts have recently issued reports on HSIC shares. Stifel Nicolaus reissued a “hold” rating and set a $89.00 target price on shares of Henry Schein in a report on Thursday, October 19th. Robert W. Baird set a $95.00 target price on Henry Schein and gave the stock a “buy” rating in a report on Thursday, October 19th. Jefferies Group reissued a “hold” rating and set a $89.00 target price on shares of Henry Schein in a report on Friday, October 20th. Royal Bank of Canada reduced their target price on Henry Schein from $91.00 to $82.00 and set a “sector perform” rating on the stock in a report on Tuesday, November 7th. Finally, Craig Hallum raised Henry Schein from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th.

In related news, Director Barry J. Alperin sold 5,796 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $70.76, for a total value of $410,124.96. Following the sale, the director now directly owns 48,172 shares of the company’s stock, valued at $3,408,650.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.19% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in HSIC. Alecta Pensionsforsakring Omsesidigt boosted its stake in shares of Henry Schein by 112.0% during the third quarter. Alecta Pensionsforsakring Omsesidigt now owns 5,313,980 shares of the company’s stock valued at $435,693,000 after purchasing an additional 2,806,990 shares in the last quarter. Mackenzie Financial Corp boosted its stake in shares of Henry Schein by 106.0% during the third quarter. Mackenzie Financial Corp now owns 3,938,233 shares of the company’s stock valued at $322,896,000 after purchasing an additional 2,026,867 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Henry Schein by 92.1% during the third quarter. Janus Henderson Group PLC now owns 2,814,636 shares of the company’s stock valued at $230,777,000 after purchasing an additional 1,349,333 shares in the last quarter. Atlanta Capital Management Co. L L C boosted its stake in shares of Henry Schein by 99.4% during the third quarter. Atlanta Capital Management Co. L L C now owns 2,493,054 shares of the company’s stock valued at $204,405,000 after purchasing an additional 1,242,849 shares in the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in shares of Henry Schein by 95.9% during the third quarter. Neuberger Berman Group LLC now owns 2,475,058 shares of the company’s stock valued at $202,930,000 after purchasing an additional 1,211,743 shares in the last quarter. 91.15% of the stock is currently owned by institutional investors and hedge funds.

Shares of Henry Schein (NASDAQ:HSIC) opened at $72.18 on Tuesday. The stock has a market capitalization of $11,330.00, a price-to-earnings ratio of 20.80, a PEG ratio of 1.84 and a beta of 1.00. Henry Schein has a 1-year low of $65.28 and a 1-year high of $93.50. The company has a current ratio of 1.55, a quick ratio of 0.86 and a debt-to-equity ratio of 0.30.

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Henry Schein Company Profile

Henry Schein, Inc is a provider of healthcare products and services primarily to office-based dental, animal health and medical practitioners. The Company operates through two segments: healthcare distribution, and technology and value-added services. The healthcare distribution segment distributes consumable products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins.

Analyst Recommendations for Henry Schein (NASDAQ:HSIC)

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