Henry Schein, Inc.’s Stock Price Plummets to $63.92, Marking an 8.11% Decline: A Deep Dive into HSIC’s Unsettling Performance

Henry Schein, Inc. (HSIC)

63.92 USD -5.64 (-8.11%) Volume: 8.87M

Henry Schein, Inc.’s stock price is currently trading at 63.92 USD, witnessing a decline of 8.11% in the latest trading session with a high volume of 8.87M trades, reflecting a negative year-to-date performance with a decrease of 15.57%, indicating a significant volatility in the market.

Latest developments on Henry Schein, Inc.

Henry Schein, Inc. faced a challenging quarter as the impact of a cyberattack lingered, leading to a cut in their annual profit forecast. The dental equipment distributor reported mixed Q2 earnings, with a GAAP EPS of $0.80 missing estimates. Despite surpassing expectations in some areas, the company slashed its 2024 guidance, causing their stock to fall. This news comes after Henry Schein had previously warned of a slower recovery from the cyberattack. Investors are closely monitoring the company’s financial performance as they navigate through these challenges.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma