Wall Street predicts DaVita Inc (DVA) stock to drop by -1.72%

At the time of writing, DaVita Inc [DVA] stock is trading at $147.54, up 0.53%. An important factor to consider is whether the stock is rising or falling in short-term value. The DVA shares have lost -4.13% over the last week, with a monthly amount drifted -6.01%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

DaVita Inc [NYSE: DVA] stock has seen the most recent analyst activity on March 06, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $133. Previously, UBS upgraded its rating to Buy on August 07, 2023, and elevated its price target to $142. On November 01, 2022, downgrade downgraded it’s rating to Hold and revised its price target to $72 on the stock. UBS downgraded its rating to a Neutral and decreased its price target to $74 on October 31, 2022. BofA Securities reiterated a Underperform rating for this stock on June 21, 2022, and downed its price target to $90. In a note dated September 10, 2021, Cowen initiated an Market Perform rating and provided a target price of $145 on this stock.

For the past year, the stock price of DaVita Inc fluctuated between $103.40 and $169.51. Currently, Wall Street analysts expect the stock to reach $145 within the next 12 months. DaVita Inc [NYSE: DVA] shares were valued at $147.54 at the most recent close of the market. An investor can expect a potential drop of -1.72% based on the average DVA price forecast.

Analyzing the DVA fundamentals

According to DaVita Inc [NYSE:DVA], the company’s sales were 12.67B for trailing twelve months, which represents an 4.56% jump. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 1.1 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of24.71.

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 145.89 points at the first support level, and at 144.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 149.30, and for the 2nd resistance point, it is at 151.05.

Ratios To Look Out For

It is important to note that DaVita Inc [NYSE:DVA] has a current ratio of 1.37. On the other hand, the Quick Ratio is 1.33, and the Cash Ratio is 0.36. Considering the valuation of this stock, the price to sales ratio is 0.96, the price to book ratio is 31.52 and price to earnings (TTM) ratio is 15.91.

Transactions by insiders

Recent insider trading involved Michael Staffieri, Officer, that happened on Nov 27 ’24 when 7902.0 shares were purchased. Officer, Michael Staffieri completed a deal on Nov 18 ’24 to buy 7786.0 shares. Meanwhile, Officer Michael Staffieri bought 7459.0 shares on Nov 14 ’24.

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