HCA Healthcare, Inc. (NYSE:HCA) has a beta value of 1.56 and has seen 1,177,076 shares traded in the last trading session. The company, currently valued at $45.68 Billion, closed the last trade at $135.12 per share which meant it lost -$2.67 on the day or -1.94% during that session. The HCA stock price is -12.47% off its 52-week high price of $151.97 and 56.79% above the 52-week low of $58.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.43 Million shares traded. The 3-month trading volume is 1.76 Million shares.
The consensus among analysts is that HCA Healthcare, Inc. (HCA) is an Overweight stock at the moment, with a recommendation rating of 1.9. None of the analysts rate the stock as a Sell, while 2 rate it as Overweight. 7 out of 24 have rated it as a Hold, with 15 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $2.32.
HCA Healthcare, Inc. (NYSE:HCA) trade information
Despite being -1.94% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Oct 16 when the HCA stock price touched $139.48 or saw a rise of 3.13%. Year-to-date, HCA Healthcare, Inc. shares have moved -8.59%, while the 5-day performance has seen it change 0.87%. Over the past 30 days, the shares of HCA Healthcare, Inc. (NYSE:HCA) have changed -2.09%. Short interest in the company has seen 3.8 Million shares shorted with days to cover at 2.16.
Wall Street analysts have a consensus price target for the stock at $149.33, which means that the shares’ value could jump 10.52% from current levels. The projected low price target is $135 while the price target rests at a high of $172. In that case, then, we find that the current price level is +27.29% off the targeted high while a plunge would see the stock lose -0.09% from current levels.
HCA Healthcare, Inc. (HCA) estimates and forecasts
Figures show that HCA Healthcare, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +22.36% over the past 6 months, with this year growth rate of 14.1%, compared to 4.6% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 4% and 5.2% for the next quarter. Revenue growth from the last financial year stood is estimated to be -1.4%.
17 analysts offering their estimates for the company have set an average revenue estimate of $12.87 Billion for the current quarter. 16 have an estimated revenue figure of $13.87 Billion for the next quarter concluding in December 01, 2020. Year-ago sales stood $12.69 Billion and $13.52 Billion respectively for this quarter and the next, and analysts expect sales will grow by 1.4% for the current quarter and 2.6% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +19.3% over the past 5 years. Earnings growth for 2020 is a modest +10.5% while over the next 5 years, the company’s earnings are expected to increase by 9.96%.
HCA Healthcare, Inc. (NYSE:HCA)’s Major holders
Insiders own 21.78% of the company shares, while shares held by institutions stand at 72.31% with a share float percentage of 92.45%. Investors are also buoyed by the number of investors in a company, with HCA Healthcare, Inc. having a total of 1058 institutions that hold shares in the company. The top two institutional holders are Price (T.Rowe) Associates Inc with over 22.5 Million shares worth more than $2.18 Billion. As of June 29, 2020, Price (T.Rowe) Associates Inc held 6.66% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 21Million shares as of June 29, 2020. The firm’s total holdings are worth over $2.04 Billion and represent 6.21% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Specialized-Health Care Fund. As of June 29, 2020, the former fund manager holds about 2.28% shares in the company for having 7695496 shares of worth $746.92 Million while later fund manager owns 7.14 Million shares of worth $904.24 Million as of July 30, 2020, which makes it owner of about 2.11% of company’s outstanding stock.