Henry Schein Inc (HSIC)
Henry Schein, Inc. (HSIC) is a leading global provider of health care products and services, specializing in dental, medical, and veterinary markets. With operations in over 32 countries, the company leverages its extensive distribution capabilities to supply a broad range of health care professionals with essential products, innovative technologies, and value-added services. Henry Schein is committed to enhancing the efficiency and effectiveness of health care delivery, positioning itself as a trusted partner to practitioners and organizations in the health care sector worldwide.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 32.99% per annum.
- HSIC price at the close of November 28, 2025 was $74.57 and was higher than the top border of the primary price channel by $53.12 (247.58%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 4.88% per annum.
- HSIC price at the close of November 28, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of HSIC price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: February 15, 2022
End date: November 3, 2022
a = 4.9929
b = -0.0011
s = 0.0369
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0011) – 1
= -32.99%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0369) – 1
= 15.92%
February 15, 2022 calculations
Top border of price channel:
Exp(Y305)
= Exp(a + b × X305 + 2 × s)
= Exp(a + b × 442 + 2 × s)
= Exp(4.9929 + -0.0011 × 442 + 2 × 0.0369)
= Exp(4.5819)
= $97.70
Bottom border of price channel:
Exp(Y305)
= Exp(a + b × X305 – 2 × s)
= Exp(a + b × 442 – 2 × s)
= Exp(4.9929 + -0.0011 × 442 – 2 × 0.0369)
= Exp(4.4342)
= $84.29
November 3, 2022 calculations
Top border of price channel:
Exp(Y486)
= Exp(a + b × X486 + 2 × s)
= Exp(a + b × 703 + 2 × s)
= Exp(4.9929 + -0.0011 × 703 + 2 × 0.0369)
= Exp(4.2956)
= $73.38
Bottom border of price channel:
Exp(Y486)
= Exp(a + b × X486 – 2 × s)
= Exp(a + b × 703 – 2 × s)
= Exp(4.9929 + -0.0011 × 703 – 2 × 0.0369)
= Exp(4.1479)
= $63.30
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 32.99% per annum.
- HSIC price at the close of November 28, 2025 was $74.57 and was higher than the top border of the primary price channel by $53.12 (247.58%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: February 15, 2022
End date: November 28, 2025
a = 4.4606
b = -0.0001
s = 0.0612
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -4.88%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0612) – 1
= 27.72%
February 15, 2022 calculations
Top border of price channel:
Exp(Y305)
= Exp(a + b × X305 + 2 × s)
= Exp(a + b × 442 + 2 × s)
= Exp(4.4606 + -0.0001 × 442 + 2 × 0.0612)
= Exp(4.5224)
= $92.05
Bottom border of price channel:
Exp(Y305)
= Exp(a + b × X305 – 2 × s)
= Exp(a + b × 442 – 2 × s)
= Exp(4.4606 + -0.0001 × 442 – 2 × 0.0612)
= Exp(4.2777)
= $72.08
November 28, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(4.4606 + -0.0001 × 1,824 + 2 × 0.0612)
= Exp(4.3330)
= $76.17
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(4.4606 + -0.0001 × 1,824 – 2 × 0.0612)
= Exp(4.0884)
= $59.64
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 4.88% per annum.
- HSIC price at the close of November 28, 2025 was inside the secondary price channel.