How to Buy Henry Schein Stock
Henry Schein Inc
Henry Schein, Inc. provides health care products and services to dental practitioners and laboratories, physician practices, government, institutional health care clinics, and other alternate care clinics worldwide.
Henry Schein stock last closed at $72.82, down 0.53% from the previous day, and has decreased 12.93% in one year. It has underperformed other stocks in the Medical Distribution industry by 0.48 percentage points. Henry Schein stock is currently +21.35% from its 52-week low of $60.01, and -11.87% from its 52-week high of $82.63.
As of Apr 25, 2024, there are 128.51M shares of HSIC outstanding. The market capitalization of HSIC is $9.36B. In the last 24 hours, 583,100 HSIC shares were traded.
How to Buy Henry Schein Stock
Wondering how to invest in Henry Schein stock? Here's how.
- Figure out where to buy Henry Schein stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Henry Schein stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Analyze Henry Schein stock: The Henry Schein ticker symbol is HSIC. Is Henry Schein stock a good investment? Should you buy shares of HSIC? How do HSIC's underlying business fundamentals look? Do top analysts think Henry Schein is a good buy? Why has HSIC's stock price moved recently? (Hint: Our stock market research website can help you evaluate if HSIC is a good stock to buy).
- Execute your HSIC purchase: Decide if you will purchase HSIC shares at the current market price or use a limit order to purchase HSIC stock at a specific price.
- Get key alerts regarding your HSIC investment: Create a watchlist to key updates about your new investment in Henry Schein shares.
Step 1: Figure out where to buy Henry Schein stock
You will need a brokerage account in order to access the NASDAQ market and buy HSIC stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global markets: From Tech to Industrials, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to buy HSIC today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to start a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on app for stock market, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing money into your investment account.
Step 4: Analyze Henry Schein stock
Once you have decided on the best place to buy Henry Schein stock, it's critical to research their stock before you invest, so you can wrap your head around the risk and opportunity.
Henry Schein quick stats
HSIC Zen Score
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on HSIC's stock page.
Is HSIC stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge HSIC's fair value.
Using relative valuations ratios:
- HSIC could be undervalued based on its P/E ratio of 22.9x, relative to Medical Distribution industry P/E ratio of 26.23x
- HSIC may be undervalued based on its P/B ratio of 2.56x, relative to Medical Distribution industry P/B ratio of 147.35x
- HSIC could be undervalued based on its PEG ratio of 0.46x
You can do more valuation research on HSIC's stock here.
A quick look at HSIC Financials
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the HSIC balance sheet.
- HSIC earnings of $623.00M is not enough to cover its interest payments.
- Total HSIC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the HSIC balance sheet.
Negative Health Checks:
- HSIC has a relatively high debt to equity ratio of 1.48.
- HSIC's operating cash flow of $500.00M allows it to safely service it's debt of $2.74B.
- HSIC profit margin has gone down from 4.3% to 3.4% in the past year.
Is Henry Schein stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 9 Wall Street analysts who track HSIC, the consensus analyst rating on HSIC is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest HSIC Analyst Recommendations
Michael Cherny, a bottom 14% analyst from Leerink Partners initiates coverage on HSIC with a hold rating and announces their HSIC price target of $78.00, on Feb 26, 2024.
Jonathan Block, a top 37% analyst from Stifel Nicolaus reiterates HSIC with a strong buy rating and maintains their HSIC price target from $75.00 to $75.00, on Nov 27, 2023.
Kevin Caliendo, a top 12% analyst from UBS maintains HSIC with a hold rating and lowers their HSIC price target from $82.00 to $75.00, on Nov 14, 2023.
Erin Wright, a top 5% analyst from Morgan Stanley maintains HSIC with a strong sell rating and lowers their HSIC price target from $69.00 to $65.00, on Nov 14, 2023.
You can dig deeper into what analysts are forecasting on the Henry Schein stock forecast page.
HSIC Momentum
How is HSIC performing as a company?
Last year, HSIC earnings were $416.00M. During the past five year, HSIC's earnings have gone up by -1.96% per year. This was slower than the Medical Distribution industry average of 17.54%.
Last year, HSIC revenue was $12.34B. Over the last 5 year, HSIC's revenue has increased by 5.55% per year. This was slower than the Medical Distribution industry average of 7.97%.
Dive into HSIC's earnings and revenue performance here.
Who is buying/selling HSIC?
In the past 12 months, executives and large shareholders at HSIC have sold more shares than they have bought.
Bradford C. Connett, CEO NA Distribution Group of HSIC, was the latest HSIC insider to sell. They sold $477,620.40 worth of HSIC shares on Mar 20, 2024.
Research more about who owns HSIC stock here.
Does HSIC stock generate passive income?
No, Henry Schein doesn't provide an income stream by paying out dividends.
HSIC Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your HSIC purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, use a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your HSIC investment
Now that you own some HSIC stock, you'll want to keep up with your new investment.
Start a watchlist to get notified of the latest news about your HSIC stock.
HSIC Feed
How to Buy Stock in Henry Schein
To reiterate, here are the 6 steps to buy stock in Henry Schein:
- Figure out where to buy Henry Schein stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Analyze Henry Schein stock
- Execute your HSIC purchase
- Get key alerts regarding your HSIC investment
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your investment in Henry Schein, add HSIC to your watchlist by clicking the button below.
Other Content You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.