New insider activity at Henry Schein ( (HSIC) ) has taken place on March 21, 2025.
In recent transactions involving Henry Schein stock, Bradford C Connett, the CEO of the NA Distribution Group, sold 4,036 shares valued at $287,161. Additionally, Director Philip Laskawy sold 2,604 shares, amounting to $184,988.
Recent Updates on HSIC stock
Henry Schein’s recent developments include a mixed outlook following its Q4 earnings call, where the company reported strategic achievements but also faced challenges. The company successfully exceeded its BOLD+1 Strategic Plan target of generating 40% of worldwide operating income from high-growth, high-margin businesses by 2024, which was a significant positive. However, challenges in the orthodontic segment due to a key product going off patent, struggles in the U.S. medical business due to a late flu season, and flat patient traffic tempered the overall outlook. Despite these hurdles, Henry Schein reported strong performance in its Global Specialty Products and U.S. dental equipment sales, alongside significant improvements in operating cash flow and cost management. The company projects modest sales growth for 2025 and aims to leverage cost savings from restructuring initiatives, although these will be partially offset by investments in technology. Analysts have adjusted their outlooks based on these mixed results, reflecting both the strategic successes and the operational challenges faced by the company.
More about Henry Schein
YTD Price Performance: 3.34%
Average Trading Volume: 1,868,968
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.94B
Questions or Comments about the article? Write to editor@tipranks.com