Recent Performance of HCA Healthcare Inc (HCA) Stock: A Closer Look

Currently, HCA Healthcare Inc [HCA] is trading at $401.26, up 1.38%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HCA shares have gain 5.99% over the last week, with a monthly amount drifted -0.54%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

HCA Healthcare Inc [NYSE: HCA] stock has seen the most recent analyst activity on October 11, 2024, when KeyBanc Capital Markets initiated its Overweight rating and assigned the stock a price target of $475. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on September 03, 2024, and set its price target to $427. On May 30, 2024, Robert W. Baird initiated with a Outperform rating and assigned a price target of $396 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $356 on March 06, 2024. Bernstein downgraded its rating to a Mkt Perform and raised its price target to $301 on January 04, 2024. Goldman downgraded its rating to Neutral for this stock on December 11, 2023, but kept the price target unchanged to $271. In a note dated April 21, 2023, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $304 on this stock.

This stock has fluctuated between a low of $215.96 and a high of $409.42 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $304.4 within the next 12 months. HCA Healthcare Inc [NYSE: HCA] shares were valued at $401.26 at the most recent close of the market. An investor can expect a potential drop of -24.14% based on the average HCA price forecast.

Analyzing the HCA fundamentals

Trailing Twelve Months sales for HCA Healthcare Inc [NYSE:HCA] were 68.35B which represents 10.28% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -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 395.07 points at the first support level, and at 388.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 409.66, and for the 2nd resistance point, it is at 418.06.

Ratios To Look Out For

To put it in perspective, the Current Ratio for HCA Healthcare Inc [NYSE:HCA] is 1.06. Further, the Quick Ratio stands at 0.94, while the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 1.52 and price to earnings (TTM) ratio is 18.83.

Transactions by insiders

Recent insider trading involved Cuffe Michael S., EVP and Chief Clinical Officer, that happened on Sep 12 ’24 when 8358.0 shares were sold. Officer, Cuffe Michael S. completed a deal on Sep 12 ’24 to buy 8358.0 shares. Meanwhile, SVP & Chief Ethics Officer Whalen Kathleen M sold 2987.0 shares on Jul 31 ’24.

Related Posts