Henry Schein Inc. ($HSIC) Stock Forecast: Up 5.5% Today

What is Henry Schein Inc.?

Today, Henry Schein (HSIC) showed a bullish market sentiment as a global distributor of healthcare products, specializing in dental and medical supplies.

Why is Henry Schein Inc. going up?

HSIC stock is up 5.5% on Dec 11, 2024 14:46

• HSIC stock experienced a notable increase today.
• Investor confidence appears to have improved following the latest earnings update from Henry Schein.
• Optimism among investors regarding the future performance of HSIC contributed to the bullish market trend.
• Positive earnings forecasts and growth potential are likely factors fueling the upward movement of HSIC stock.

HSIC Price Chart

HSIC Technical Analysis

HSIC News

Henry Schein ( HSIC ) Up 6.4% Since Last Earnings Report: Can It Continue?

Henry Schein (HSIC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

https://www.zacks.com/stock/news/2379710/henry-schein-hsic-up-64-since-last-earnings-report-can-it-continue

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Henry Schein Inc. Price History

10.08.2024 - HSIC Stock was down 2.9%

• A senior VP at Henry Schein recently sold a significant amount of shares in the company, signaling a lack of confidence in its future performance.
• Despite reporting positive earnings 30 days ago, the market may be reacting to uncertainties or concerns about the company's future growth prospects.
• The insider sell-off coupled with potential investor skepticism post-earnings report could be contributing to the bearish movement in Henry Schein's stock today.

11.11.2024 - HSIC Stock was up 5.5%

• HSIC stock experienced a notable increase today.
• Investor confidence appears to have improved following the latest earnings update from Henry Schein.
• Optimism among investors regarding the future performance of HSIC contributed to the bullish market trend.
• Positive earnings forecasts and growth potential are likely factors fueling the upward movement of HSIC stock.

05.10.2024 - HSIC Stock was down 3.0%

• Despite surpassing earnings and revenue expectations for Q3, Henry Schein (HSIC) witnessed significant bearish movement in its stock.
• The market's negative response might be attributed to the company falling short of Wall Street's forecasted key metrics, prompting a sell-off.
• Investors may have anticipated stronger performance from HSIC, with the deviation from expectations potentially sparking the bearish trend.
• Factors such as profit-taking or broader market conditions detached from the company's operations could also have influenced the decline in HSIC's stock price.

04.10.2024 - HSIC Stock was up 2.3%

• A notable uptrend was observed in HSIC's stock performance today, reflecting investor optimism regarding the company's anticipated Q3 results.
• Positive expectations surrounding Henry Schein surpassing earnings projections have bolstered investor sentiment and confidence, resulting in a notable upswing in the stock's value.
• The prospect of a robust earnings announcement and potential growth in key performance indicators has garnered investor interest, propelling the stock price upwards.
• In conclusion, the favorable anticipation surrounding Henry Schein's forthcoming earnings report has played a pivotal role in driving today's bullish trend in the stock.

27.01.2024 - HSIC Stock was down 2.6%

• HSIC stock experienced a strong bearish movement today due to:
• Missing earnings and revenue expectations in the fourth quarter of 2023, leading to investor disappointment.
• A decrease in operating margin, signaling potential challenges in profitability.
• Lower-than-expected Q4 profit and revenue, which may have raised concerns about the company's growth prospects.
• The market reacted negatively to these results, causing a significant drop in HSIC stock price as investors reassessed their outlook on the company's performance.

28.01.2024 - HSIC Stock was down 8.0%

• HSIC stock faced strong bearish movement due to:
• Falling short of fourth-quarter sales expectations by 10.5% year-over-year, resulting in decreased internal sales.
• Releasing lower-than-expected earnings and revenues for the quarter, causing investor apprehension.
• Earnings and revenue surprises of -5.71% and 1.83%, respectively, highlighting a challenging quarter for the company.
• Analysts maintain positivity regarding the dental sector, anticipating a potential industry rebound, despite HSIC's performance. This outlook follows a recent cybersecurity incident that overshadowed the company's Q4 results.

23.01.2024 - HSIC Stock was up 5.4%

• The bullish movement in HSIC stock today is linked to the positive reception of the company's solutions presented at the 2024 Chicago Dental Society Midwinter Meeting.
• Investors are optimistic about growth opportunities for Henry Schein as they highlight digital equipment, technology solutions, and business services for dental practices.
• Anticipation for Henry Schein's upcoming Q4 earnings report is also driving positive sentiment, as investors seek insights into the company's performance during the quarter ended December 2023.

07.04.2024 - HSIC Stock was up 5.7%

• HSIC surpassed Q1 earnings estimates by 11.11% and revenue estimates by 1.76%, indicating strong financial performance.
• Total net sales for the quarter increased by 3.7% compared to the same period last year, showcasing growth in the company's revenue.
• The company reported solid earnings driven by gross margin expansion and a strong recovery from a previous cyber incident, highlighting operational improvements.
• The positive financial results and updated guidance suggest investor confidence in HSIC's future prospects, contributing to the bullish market movement.

17.06.2024 - HSIC Stock was up 6.4%

• A positive investor letter in the second quarter by Fiduciary Management Inc. (FMI) highlighted compelling growth prospects for HSIC.
• The outperformance of U.S. large-cap growth stocks was noted, potentially impacting HSIC's stock price positively.
• The mixed performance of global stock markets may have prompted investors to look for strong performers like HSIC, contributing to its bullish movement.
• The declining trend in U.S. small-cap stocks and stable international stocks may have further steered investor focus towards HSIC as a promising investment option.

06.07.2024 - HSIC Stock was down 5.7%

• Today, HSIC experienced a strong bearish movement in the market due to the following reasons:
• The company reported mixed Q2 earnings, with a decrease in adjusted EPS and missed revenue estimates, leading to investor disappointment.
• Henry Schein cut its full-year outlook, citing macroeconomic headwinds and the impact of a cyber incident, which raised concerns among investors about future growth prospects.
• Despite surpassing earnings estimates, the company's guidance for 2024 was slashed, indicating potential challenges ahead.
• The slower recovery from the cyberattack and the overall cautious outlook contributed to the negative sentiment surrounding HSIC, leading to the bearish market movement.

06.07.2024 - HSIC Stock was down 5.7%

• Despite surpassing profit expectations in the second quarter, Henry Schein Inc. (HSIC) witnessed a decline in the market.
• The market response may be attributed to concerns regarding the company's future forecast, despite the positive earnings.
• Investors may have anticipated stronger performance or growth opportunities, leading to the stock being offloaded.
• The general sentiment surrounding the healthcare sector or specific factors within the MedTech industry could have impacted the market's bearish movement on HSIC's stock.

06.07.2024 - HSIC Stock was down 5.3%

• The bearish movement in HSIC stock today can be attributed to the following factors:
• Meeting earnings per share (EPS) estimates but missing revenue expectations, suggesting potential challenges in revenue generation.
• Henry Schein's decision to reduce guidance and caution about a slower recovery from a cyberattack possibly raised concerns about its future growth prospects.
• Despite exceeding earnings estimates, the mixed Q2 earnings report may have caused uncertainty and caution among investors, leading to the bearish market movement.
• The lowered 2024 guidance and reduced profit compared to the previous year likely contributed to the negative sentiment surrounding HSIC stock today.