Henry Schein logged a -2.2% change during today's afternoon session, and is now trading at a price of $79.04 per share. The S&P 500 index moved 0.59% and the Nasdaq posted a 1.00% change.
Henry Schein shares moved -7.44% over the last 52 weeks, with a high of $92.68 and a low of $64.75. During this time, the stock outperformed the S&P 500 index by 1.79%. As of January 2022, the company's 50-day average price is $83.0. Henry Schein, Inc. is an American distributor of health care products and services with a presence in 32 countries. The large-cap Consumer Cyclical company is based in Melville, NY.
The Company Has a Steady Stream of Positive Cash Flows:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $10,185 | $10,080 | $12,383 | $12,603 |
| Revenue Growth | n/a | -1.03% | 22.85% | 1.78% |
| Gross Margins | 30.35% | 27.92% | 29.67% | 30.4% |
| Gross Margins Growth | n/a | -8.01% | 6.27% | 2.46% |
| Operating Margins | 7.05% | 5.31% | 6.88% | 5.93% |
| Operating Margins Growth | n/a | -24.68% | 29.57% | -13.81% |
| Earnings Per Share | $4.85 | $2.83 | $4.6 | $4.08 |
| EPS Growth | n/a | -41.65% | 62.54% | -11.3% |
| Free Cash Flow (MM) | $578 | $550 | $631 | $506 |
| FCF Growth | n/a | -4.81% | 14.71% | -19.81% |
| Capital Expenditures (MM) | $76 | $49 | $79 | $96 |
| Net Debt / EBITDA | 0.53 | 0.25 | 0.76 | 1.1 |
Henry Schein Is Fairly Priced at Current Levels:
Compared to the Consumer Cyclical sector's average of 22.33, Henry Schein has a trailing twelve month P/E ratio of 20.37 and, according to its EPS guidance of 5.67, an expected P/E ratio of None.
The market is giving Henry Schein a fair value in terms of its book value, since its P/B ratio of 3.122 is consistent with its sector average, which stands at 3.12. The company's shares are currently trading 63.34% above their fair value as expressed by Benjamin Graham's formula:
√(22.5 * 5-year average EPS * book value per share) = √(22.5 * 3.98 * 26.15) = $48.39
11 analysts are following Henry Schein and have set target prices ranging from $69.0 to $99.0 per share. On average, they have given the company a rating of hold. At the current price of $79.04, HSIC is trading -5.18% away from its average analyst target price of $83.36 per share, implying an analyst consensus of some upside potential for the stock.
