With 1.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.18 million shares. During the session, the Medical Distribution company that operates in wider Healthcare sector, reached to the highest price of $78.13 whereas the lowest price it dropped to was $74.43. The 52-week range on HSIC shows that it touched its highest point at $85.75 and its lowest point at $60.01 during that stretch. It currently has a 1-year price target of $80.08. Beta for the stock currently stands at 0.88.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HSIC was up-trending over the past week, with a rise of 1.86%, but this was up by 1.67% over a month. Three-month performance surged to 12.52% while six-month performance fell -1.92%. The stock lost -2.39% in the past year, while it has gained 1.03% so far this year. A look at the trailing 12-month EPS for HSIC yields 3.14 with Next year EPS estimates of 5.67. For the next quarter, that number is 1.03. This implies an EPS growth rate of 12.81% for this year and 11.63% for next year. EPS is expected to grow by 8.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.95%.
Float and Shares Shorts:
At present, 129.25 million HSIC shares are outstanding with a float of 128.31 million shares on hand for trading. On Feb 15, 2024, short shares totaled 5.23 million, which was 4.05% higher than short shares on Jan 12, 2024. In addition to HSBC as the firm’s HSBC Holdings, plc., HSIC serves as its Henry Schein, Inc.
Institutional Ownership:
Through their ownership of 100.13% of HSIC’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HSIC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With HSIC analysts setting a high price target of $90.00 and a low target of $65.00, the average target price over the next 12 months is $80.08. Based on these targets, HSIC could surge 17.66% to reach the target high and fall by -15.02% to reach the target low. Reaching the average price target will result in a growth of 4.69% from current levels.
Dividends & Yield:
In terms of dividends, HSIC has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and HSIC currently yields $0.00. In the past year, HSIC’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, HSIC has a current buyback yield of $4.82. This was $4.82 for the TTM, and it was $1.12 for the past five years.
Summary of Insider Activity:
Insiders traded HSIC stock several times over the past three months with 0 Buys and 4 Sells. In these transactions, 0 shares were bought while 56,886 shares were sold. The number of buy transactions has increased to 30 while that of sell transactions has risen to 62 over the past year. The total number of shares bought during that period was 255,693 while 476,251 shares were sold.
