Henry Schein Inc. (HSIC): Today's Featured Wholesale Laggard

Henry Schein ( HSIC) pushed the Wholesale industry lower today making it today's featured Wholesale laggard. The industry as a whole was unchanged today. By the end of trading, Henry Schein fell 42 cents (-0.5%) to $77.06 on light volume. Throughout the day, 322,613 shares of Henry Schein exchanged hands as compared to its average daily volume of 537,400 shares. The stock ranged in price between $76.83-$77.43 after having opened the day at $77.41 as compared to the previous trading day's close of $77.48. Other companies within the Wholesale industry that declined today were: SinoHub ( SIHI), down 12.3%, Senomyx ( SNMX), down 6.2%, Navarre Corporation ( NAVR), down 6%, and Avnet ( AVT), down 5.6%.

Henry Schein, Inc. distributes healthcare products and services primarily to office-based healthcare practitioners. It operates in two segments, Healthcare Distribution and Technology. Henry Schein has a market cap of $6.78 billion and is part of the services sector. The company has a P/E ratio of 18.6, equal to the average wholesale industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 18.8% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Henry Schein a buy, one analyst rates it a sell, and six rate it a hold.

TheStreet Ratings rates Henry Schein as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, solid stock price performance, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Westinghouse Solar ( WEST), up 11.8%, China Metro-Rural Holdings ( CNR), up 6%, Shengkai Innovations ( VALV), up 5.7%, and Lawson Products ( LAWS), up 5%, were all gainers within the wholesale industry with Airgas ( ARG) being today's featured wholesale industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the wholesale industry could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the wholesale industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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