$3.36 Billion in Sales Expected for Henry Schein, Inc. (HSIC) This Quarter

Analysts expect Henry Schein, Inc. (NASDAQ:HSIC) to post sales of $3.36 billion for the current fiscal quarter, Zacks Investment Research reports. Ten analysts have issued estimates for Henry Schein’s earnings, with estimates ranging from $3.33 billion to $3.40 billion. Henry Schein posted sales of $3.16 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 6.3%. The firm is expected to announce its next quarterly earnings report on Monday, November 5th.

On average, analysts expect that Henry Schein will report full year sales of $13.39 billion for the current financial year, with estimates ranging from $13.32 billion to $13.47 billion. For the next year, analysts anticipate that the company will post sales of $14.03 billion, with estimates ranging from $13.78 billion to $14.25 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover Henry Schein.

Henry Schein (NASDAQ:HSIC) last released its quarterly earnings data on Monday, August 6th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.03. Henry Schein had a return on equity of 20.40% and a net margin of 3.15%. The company had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.31 billion. During the same quarter in the prior year, the firm posted $0.88 earnings per share. The firm’s revenue was up 8.7% compared to the same quarter last year.

Several analysts recently commented on the company. Morgan Stanley upped their target price on Henry Schein from $65.00 to $66.00 and gave the company an “underweight” rating in a report on Tuesday, October 9th. BidaskClub upgraded Henry Schein from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 6th. ValuEngine upgraded Henry Schein from a “sell” rating to a “hold” rating in a report on Saturday, October 6th. Zacks Investment Research upgraded Henry Schein from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a report on Friday, October 5th. Finally, Robert W. Baird upped their target price on Henry Schein from $90.00 to $95.00 and gave the company an “outperform” rating in a report on Thursday, October 4th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $83.83.

Henry Schein stock opened at $83.29 on Friday. Henry Schein has a 1 year low of $62.56 and a 1 year high of $90.52. The company has a market capitalization of $13.02 billion, a PE ratio of 23.05, a PEG ratio of 2.45 and a beta of 0.97. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.29 and a quick ratio of 0.68.

Several institutional investors have recently bought and sold shares of the business. Aperio Group LLC boosted its holdings in shares of Henry Schein by 0.9% during the 3rd quarter. Aperio Group LLC now owns 66,209 shares of the company’s stock worth $5,630,000 after buying an additional 621 shares in the last quarter. Bridge Creek Capital Management LLC boosted its holdings in shares of Henry Schein by 2.1% during the 3rd quarter. Bridge Creek Capital Management LLC now owns 34,947 shares of the company’s stock worth $2,971,000 after buying an additional 705 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Henry Schein by 57.1% during the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 2,200 shares of the company’s stock worth $160,000 after buying an additional 800 shares in the last quarter. Kalos Management Inc. boosted its holdings in shares of Henry Schein by 6.3% during the 2nd quarter. Kalos Management Inc. now owns 13,615 shares of the company’s stock worth $988,000 after buying an additional 807 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Henry Schein by 1.8% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 46,794 shares of the company’s stock worth $3,399,000 after buying an additional 846 shares in the last quarter. Hedge funds and other institutional investors own 96.65% of the company’s stock.

Henry Schein Company Profile

Henry Schein, Inc provides health care products and services to dental practitioners and laboratories, animal health clinics, physician practices, government, institutional health care clinics, and other alternate care clinics worldwide. It operates through two segments, Health Care Distribution, and Technology and Value-Added Services.

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

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