Henry Schein (NASDAQ:HSIC) announced its earnings results on Tuesday, February 20th. The company reported $0.97 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.97, Bloomberg Earnings reports. The business had revenue of $3.32 billion during the quarter, compared to analysts’ expectations of $3.30 billion. Henry Schein had a net margin of 3.26% and a return on equity of 19.70%. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the company posted $0.94 EPS. Henry Schein updated its FY18 guidance to $4.03-4.14 EPS.
Henry Schein (NASDAQ:HSIC) traded up $0.26 during trading on Wednesday, reaching $68.30. 1,350,000 shares of the company traded hands, compared to its average volume of 2,370,000. Henry Schein has a twelve month low of $62.56 and a twelve month high of $93.50. The company has a market cap of $10,720.00, a price-to-earnings ratio of 19.63, a price-to-earnings-growth ratio of 1.66 and a beta of 1.09. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 0.32.
Institutional investors have recently added to or reduced their stakes in the stock. PGGM Investments lifted its stake in Henry Schein by 99.9% in the third quarter. PGGM Investments now owns 356,360 shares of the company’s stock valued at $29,218,000 after buying an additional 178,114 shares in the last quarter. Mutual of America Capital Management LLC lifted its stake in Henry Schein by 92.2% in the third quarter. Mutual of America Capital Management LLC now owns 18,473 shares of the company’s stock valued at $1,515,000 after buying an additional 8,861 shares in the last quarter. Wendell David Associates Inc. lifted its stake in Henry Schein by 95.5% in the third quarter. Wendell David Associates Inc. now owns 17,542 shares of the company’s stock valued at $1,438,000 after buying an additional 8,571 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Henry Schein by 145.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 11,574 shares of the company’s stock valued at $950,000 after buying an additional 6,850 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its stake in Henry Schein by 99.3% in the third quarter. Fisher Asset Management LLC now owns 844,106 shares of the company’s stock valued at $69,208,000 after buying an additional 420,637 shares in the last quarter. 98.57% of the stock is currently owned by institutional investors and hedge funds.
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Henry Schein Company Profile
Henry Schein, Inc is a provider of healthcare products and services primarily to office-based dental, animal health and medical practitioners. The Company operates through two segments: healthcare distribution, and technology and value-added services. The healthcare distribution segment distributes consumable products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins.
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