Market Momentum Report: HCA Healthcare Inc (HCA)’s Positive Close at 340.17

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The price of HCA Healthcare Inc (NYSE: HCA) closed at $340.17 in the last session, up 4.55% from day before closing price of $325.38. In other words, the price has increased by $4.55 from its previous closing price. On the day, 2.74 million shares were traded. HCA stock price reached its highest trading level at $348.0 during the session, while it also had its lowest trading level at $334.38.

Ratios:

We take a closer look at HCA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 64.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Robert W. Baird on May 30, 2024, initiated with a Outperform rating and assigned the stock a target price of $396.

On March 06, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $356.

Bernstein Downgraded its Outperform to Mkt Perform on January 04, 2024, whereas the target price for the stock was revised from $277 to $301.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 16 ’24 when Whalen Kathleen M sold 3,204 shares for $326.30 per share. The transaction valued at 1,045,465 led to the insider holds 9,454 shares of the business.

Torres Kathryn A. sold 1,863 shares of HCA for $607,673 on May 15 ’24. The SVP-Payer Contracting & Align. now owns 19,612 shares after completing the transaction at $326.18 per share. On May 09 ’24, another insider, Cuffe Michael S., who serves as the EVP and Chief Clinical Officer of the company, sold 6,311 shares for $316.88 each. As a result, the insider received 1,999,825 and left with 29,624 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HCA now has a Market Capitalization of 89095290880 and an Enterprise Value of 132704321536. As of this moment, HCA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.95, and their Forward P/E ratio for the next fiscal year is 14.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34. Its current Enterprise Value per Revenue stands at 1.989 whereas that against EBITDA is 10.312.

Stock Price History:

The Beta on a monthly basis for HCA is 1.69, which has changed by 0.20550716 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, HCA has reached a high of $344.20, while it has fallen to a 52-week low of $215.96. The 50-Day Moving Average of the stock is 3.78%, while the 200-Day Moving Average is calculated to be 15.33%.

Shares Statistics:

According to the various share statistics, HCA traded on average about 1.19M shares per day over the past 3-months and 1699200 shares per day over the past 10 days. A total of 265.54M shares are outstanding, with a floating share count of 189.49M. Insiders hold about 27.65% of the company’s shares, while institutions hold 64.81% stake in the company. Shares short for HCA as of 1719532800 were 2540860 with a Short Ratio of 2.13, compared to 1717113600 on 3015911. Therefore, it implies a Short% of Shares Outstanding of 2540860 and a Short% of Float of 1.3300001000000001.

Dividends & Splits

The forward annual dividend rate for HCA is 2.52, which was 2.46 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.007560391The stock’s 5-year Average Dividend Yield is 0.88.

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