HCA Holdings Inc. (NYSE:HCA) Receives Average Recommendation of “Buy” from Analysts
Shares of HCA Holdings Inc. (NYSE:HCA) have received a consensus rating of “Buy” from the twenty-five brokerages that are covering the stock. Eight analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $86.37.
Several brokerages recently issued reports on HCA. Zacks Investment Research upgraded HCA Holdings from a “hold” rating to a “buy” rating and set a $89.00 price target for the company in a report on Tuesday, July 26th. Mizuho reiterated a “buy” rating and issued a $102.00 price target on shares of HCA Holdings in a report on Thursday, July 14th. JPMorgan Chase & Co. downgraded HCA Holdings from an “overweight” rating to a “neutral” rating and set a $85.00 price target for the company. in a report on Friday, July 29th. Citigroup Inc. lowered their price target on HCA Holdings from $86.00 to $85.00 and set a “neutral” rating for the company in a report on Friday, July 29th. Finally, Sanford C. Bernstein began coverage on HCA Holdings in a report on Thursday, June 16th. They issued a “market perform” rating and a $88.00 price target for the company.
Several large investors have recently made changes to their positions in the stock. Acrospire Investment Management LLC purchased a new stake in shares of HCA Holdings during the first quarter valued at approximately $109,000. NN Investment Partners Holdings N.V. bought a new position in HCA Holdings during the first quarter worth approximately $148,000. Invictus RG raised its position in HCA Holdings by 21.9% in the first quarter. Invictus RG now owns 2,156 shares of the company’s stock worth $168,000 after buying an additional 388 shares in the last quarter. Advisor Partners LLC bought a new position in HCA Holdings during the second quarter worth approximately $224,000. Finally, Bremer Trust National Association bought a new position in HCA Holdings during the second quarter worth approximately $239,000. Institutional investors own 72.83% of the company’s stock.
Shares of HCA Holdings (NYSE:HCA) opened at 74.55 on Thursday. The stock has a market capitalization of $28.23 billion, a P/E ratio of 12.92 and a beta of 0.89. HCA Holdings has a 12-month low of $60.07 and a 12-month high of $83.69. The stock has a 50 day moving average price of $75.57 and a 200 day moving average price of $77.67.
HCA Holdings (NYSE:HCA) last released its quarterly earnings data on Thursday, July 28th. The company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.10. The business earned $10.32 billion during the quarter, compared to the consensus estimate of $10.49 billion. HCA Holdings had a negative return on equity of 42.19% and a net margin of 5.75%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.37 EPS. On average, equities analysts anticipate that HCA Holdings will post $6.59 earnings per share for the current fiscal year.
HCA Holdings Company Profile
HCA Holdings, Inc is a healthcare services company. The Company’s segment is operating hospitals and related healthcare entities. The Company operates approximately 168 hospitals, consisting of 164 general, acute care hospitals; three psychiatric hospitals, and one rehabilitation hospital. In addition, the Company operates approximately 116 freestanding surgery centers.
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