HSIC

Henry Schein Inc.

Healthcare


Presented:08/05/2024
Price:$69.56
Cap:$8.91B
Current Price:$71.10
Cap:$9.01B

Presented

Date08/05/2024
Price$69.56
Market Cap$8.91B
Ent Value$13.79B
P/E Ratio23.51x
Book Value$28.02
Div Yield0%
Shares O/S128.05M
Ave Daily Vol1,237,551
Short Int4.25%

Current

Price$71.10
Market Cap$9.01B
Henry Schein, Inc. engages in the provision of health care products and services to medical, dental, and veterinary office-based practitioners. It operates through the Healthcare Distribution and Technology and Value-Added Services segments. The Healthcare Distribution segment includes consumable products, laboratory, small and large equipment repair services, branded and generic pharmaceuticals, vaccines, surgical, diagnostic tests, infection-control products, and vitamins. The Technology and Value-Added Services segment offers financial on a non-recourse basis, network, and hardware services. The company was founded by Henry Schein and Esther Schein in 1932 and is headquartered in Melville, NY.

Publicly traded companies mentioned herein: Align Technology Inc (ALGN), Henry Schein Inc (HSIC), Patterson Companies Inc (PDCO) 

Highlights

The presenter is long shares of Henry Schein Inc (HSIC) given the company's strong market share and customer retention within the value implant market, as well as his expectation that its newly approved implant will gain a significant share of the premium implant market. The company's valuation has decreased along with the industry, and he sees 60% upside to $100 per share by the end of 2025 based on a forward P/E multiple of 15x, which is a couple of turns below historical levels.

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Idea Discussion

Commentor 1 - 2 weeks ago

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