Henry Schein, Inc. (NASDAQ:HSIC) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $74.18 and last traded at $74.01, with a volume of 8807 shares traded. The stock had previously closed at $72.38.
HSIC has been the subject of several analyst reports. Zacks Investment Research raised Henry Schein from a “hold” rating to a “buy” rating and set a $63.00 target price for the company in a report on Wednesday, November 4th. BidaskClub upgraded shares of Henry Schein from a “sell” rating to a “hold” rating in a report on Wednesday, January 6th. Barrington Research upgraded shares of Henry Schein from a “market perform” rating to an “outperform” rating and set a $72.00 price target on the stock in a report on Tuesday, November 3rd. Robert W. Baird raised shares of Henry Schein from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $70.00 to $79.00 in a research note on Monday, January 4th. Finally, TheStreet upgraded shares of Henry Schein from a “c” rating to a “b” rating in a research report on Monday, November 2nd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $63.50.
The company has a quick ratio of 0.92, a current ratio of 1.49 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $67.86 and a 200-day moving average price of $64.60. The company has a market capitalization of $10.55 billion, a price-to-earnings ratio of 18.20, a P/E/G ratio of 3.65 and a beta of 0.85.
Hedge funds have recently made changes to their positions in the company. Handelsbanken Fonder AB acquired a new stake in shares of Henry Schein during the second quarter worth $2,226,000. Bradley Foster & Sargent Inc. CT acquired a new position in Henry Schein during the third quarter valued at approximately $1,210,000. FMR LLC grew its stake in Henry Schein by 519.7% in the second quarter. FMR LLC now owns 332,521 shares of the company’s stock valued at $19,416,000 after purchasing an additional 278,860 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its position in shares of Henry Schein by 41.4% during the 3rd quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 17,672 shares of the company’s stock worth $1,039,000 after purchasing an additional 5,177 shares during the last quarter. Finally, Sawtooth Solutions LLC raised its stake in shares of Henry Schein by 28.6% during the 3rd quarter. Sawtooth Solutions LLC now owns 6,109 shares of the company’s stock worth $359,000 after purchasing an additional 1,359 shares in the last quarter. Institutional investors own 94.46% of the company’s stock.
About Henry Schein (NASDAQ:HSIC)
Henry Schein, Inc, a solutions company for health care professionals, provides health care products and services to office-based dental practitioners and laboratories, physician practices, government, institutional health care clinics, and other alternate care clinics worldwide. It operates in two segments, Health Care Distribution, and Technology and Value-Added Services.
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