Wall Street predicts HCA Healthcare Inc (HCA) stock to drop by -26.24%

HCA Healthcare Inc [HCA] stock is trading at $395.83, up 0.06%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HCA shares have gain 1.89% over the last week, with a monthly amount glided 11.08%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

HCA Healthcare Inc [NYSE: HCA] stock has seen the most recent analyst activity on September 03, 2024, when Morgan Stanley initiated its Equal-Weight rating and assigned the stock a price target of $427. Previously, Robert W. Baird started tracking the stock with Outperform rating on May 30, 2024, and set its price target to $396. On March 06, 2024, Barclays initiated with a Overweight rating and assigned a price target of $356 on the stock. Bernstein downgraded its rating to a Mkt Perform and increased its price target to $301 on January 04, 2024. Goldman downgraded its rating to a Neutral but $271 remained the price target by the analyst firm on December 11, 2023. Cantor Fitzgerald started tracking with a Overweight rating for this stock on April 21, 2023, and assigned it a price target of $304.

HCA Healthcare Inc [HCA] stock has fluctuated between $215.96 and $395.91 over the past year. Currently, Wall Street analysts expect the stock to reach $291.95 within the next 12 months. HCA Healthcare Inc [NYSE: HCA] shares were valued at $395.83 at the most recent close of the market. An investor can expect a potential drop of -26.24% based on the average HCA price forecast.

Analyzing the HCA fundamentals

HCA Healthcare Inc [NYSE:HCA] reported sales of 68.35B for the trailing twelve months, which represents a growth of 10.28%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is -3.07 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-25.55.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 393.92 points at the first support level, and at 392.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 397.73, and for the 2nd resistance point, it is at 399.64.

Ratios To Look Out For

For context, HCA Healthcare Inc’s Current Ratio is 1.06. In addition, the Quick Ratio stands at 0.94 and the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 1.49 and price to earnings (TTM) ratio is 18.57.

Transactions by insiders

Recent insider trading involved Whalen Kathleen M, SVP & Chief Ethics Officer, that happened on Jul 31 ’24 when 2987.0 shares were sold. SVP & Chief Ethics Officer, Whalen Kathleen M completed a deal on Jul 29 ’24 to sell 1864.0 shares. Meanwhile, SVP – Mktg. & Communications Reiner Deborah M sold 3314.0 shares on Jul 29 ’24.

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