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Henry Schein (HSIC) Jumps: Stock Rises 7.1%

Zacks Equity Research

Henry Schein, Inc. HSIC was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is down 15.2% in the past one-month time frame.

 

The company has seen two negative estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

 

Henry Schein currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

 

Henry Schein, Inc. Price

Henry Schein, Inc. Price

Henry Schein, Inc. price | Henry Schein, Inc. Quote

A better-ranked stock in the Medical - Dental Supplies industry is AmerisourceBergen Corporation ABC, holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

 

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Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

 

See Zacks' 3 Best Stocks to Play This Trend >>


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