Technically Speaking For January 14: Henry Schein, Inc. (HSIC), Vail Resorts, Inc. (MTN)

Henry Schein, Inc. (HSIC) rose 7.06% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 9.58% and is now up by 1.58% since start of this year. A look at its monthly performance shows that the stock has recorded a -5.79% fall over the past 30 days. Its equity price dipped by -7.64% over the past three months which led to its overall six-month increase to stand at 6.66%.

Experts from research firms are bullish about the near-term performance of Henry Schein, Inc. with most of them predicting a $84.59 price target on a short-term (12 months) basis. The average price target by the analysts will see a 6.06% rise in the stock and would lead to HSIC’s market cap to surge to $12.85B. The stock has been rated an average 2.6, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 19 analysts that track Henry Schein, Inc. (NASDAQ:HSIC) and find out that 11 of them rated it as a Hold. 6 of the 8 analysts rated it as a Buy or a Strong Buy while 2 advised investors to desist from buying the stock or sell it if they already possess it.

A look at HSIC technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 51.81 point. Its trading volume has lost -29671 shares compared to readings over the past three months as it recently exchanged 1520329 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1550000 shares, and this is 0.98 times the normal volume.

The price of Vail Resorts, Inc. (NYSE:MTN) currently stands at $187.33 after it went down by $-27.3 or -12.72% and has found a strong support at $180.37 a share. If the MTN price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $173.42 mark would also be bad for the stock as it means that the stock would plunge by 7.43% from its current position. However, if the stock price is able to trade above the resistance point around $195.87, then it could likely surge higher to try and break the upward resistance which stands at $204.42 a share. Its average daily volatility over the past one month stands at 4.41%. The stock has plunged by 2.87% from its 52-weeks high of $181.96 which it reached on Apr. 09, 2018. In general, it is -6.92% above its 52-weeks lowest point which stands at $200.29 and this setback was observed on Nov. 01, 2019.

Analysts have predicted a price target for Vail Resorts, Inc. (MTN) for 1 year and it stands at an average $275.63/share. This means that it would likely increase by 47.14% from its current position. The current price of the stock has been moving between $181.96 and $197.4595. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $200. On the other hand, one analyst is super bullish about the price, setting a target as high as $330.

The MTN stock Stochastic Oscillator (%D) is at 54.81%, which means that it is currently neutral. The shares P/S ratio stands at 4.31 which compares to the 7.87 recorded by the industry or the 136.78 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 21.34, which is lower than the 34.41 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 49.5% over the past five years.

Analysts view Vail Resorts, Inc. (NYSE:MTN) as a Buy, with 1.8 consensus rating. Reuters surveyed 9 analysts that follow MTN and found that 2 of those analysts rated the stock as a Hold. The remaining 7 were divided, with 7 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Vail Resorts, Inc. (MTN) shares or sell it if they already own it.