HCA Healthcare, Inc. (NYSE:HCA) Stock Has Average Target Price of $462.27

HCA Healthcare, Inc. (NYSE:HCA – Get Free Report) has been assigned an average rating of “Moderate Buy” from the twenty-four research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $463.70.

A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft set a $476.00 target price on HCA Healthcare in a research note on Monday, July 27th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of HCA Healthcare in a research note on Wednesday, July 15th. TD Cowen reduced their target price on shares of HCA Healthcare from $500.00 to $431.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Mizuho lowered their price target on shares of HCA Healthcare from $525.00 to $475.00 and set an “outperform” rating for the company in a report on Tuesday, July 28th. Finally, Oppenheimer decreased their target price on shares of HCA Healthcare from $520.00 to $485.00 and set an “outperform” rating on the stock in a research report on Monday, July 27th.

Get Our Latest Analysis on HCA

Institutional Investors Weigh In On HCA Healthcare

A number of institutional investors have recently bought and sold shares of HCA. Envestnet Portfolio Solutions Inc. grew its stake in shares of HCA Healthcare by 2.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 2,692 shares of the company’s stock valued at $1,050,000 after buying an additional 72 shares during the period. Andra AP fonden raised its holdings in shares of HCA Healthcare by 21.1% in the 2nd quarter. Andra AP fonden now owns 56,323 shares of the company’s stock worth $21,960,000 after purchasing an additional 9,800 shares during the period. Tidal Investments LLC grew its holdings in shares of HCA Healthcare by 12.3% during the 2nd quarter. Tidal Investments LLC now owns 69,190 shares of the company’s stock worth $26,976,000 after purchasing an additional 7,570 shares during the period. Archford Capital Strategies LLC raised its holdings in HCA Healthcare by 8.0% in the second quarter. Archford Capital Strategies LLC now owns 2,943 shares of the company’s stock valued at $1,147,000 after buying an additional 217 shares during the period. Finally, National Pension Service grew its stake in HCA Healthcare by 0.5% during the second quarter. National Pension Service now owns 591,578 shares of the company’s stock worth $230,650,000 after buying an additional 2,820 shares during the period. 62.73% of the stock is currently owned by hedge funds and other institutional investors.

HCA Healthcare Stock Performance

Shares of HCA stock opened at $423.84 on Tuesday. The stock has a market cap of $91.76 billion, a PE ratio of 14.19, a P/E/G ratio of 1.48 and a beta of 1.10. HCA Healthcare has a 1 year low of $353.99 and a 1 year high of $556.52. The stock has a fifty day moving average price of $410.53 and a 200 day moving average price of $426.02.

HCA Healthcare (NYSE:HCA – Get Free Report) last announced its quarterly earnings results on Friday, July 24th. The company reported $7.59 earnings per share for the quarter, beating analysts’ consensus estimates of $7.56 by $0.03. The business had revenue of $20.23 billion during the quarter, compared to analysts’ expectations of $19.76 billion. HCA Healthcare had a negative return on equity of 244.79% and a net margin of 8.77%.The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter last year, the business posted $6.84 earnings per share. As a group, equities research analysts predict that HCA Healthcare will post 29.42 earnings per share for the current year.

HCA Healthcare Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, September 16th. HCA Healthcare’s dividend payout ratio is presently 10.45%.

HCA Healthcare Company Profile

(Get Free Report)

HCA Healthcare, Inc (NYSE:HCA) is a healthcare services company that operates hospitals and other healthcare facilities. Its network provides a broad range of medical services, including emergency care, inpatient and outpatient treatment, surgery, diagnostic services, and maternity care.

The company also operates ambulatory surgery centers, urgent care facilities, physician practices, and other outpatient locations. HCA Healthcare serves patients through facilities located across the United States, as well as through HCA Healthcare UK, its healthcare operations in the United Kingdom.

HCA Healthcare was founded in 1968 by Dr.

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Analyst Recommendations for HCA Healthcare (NYSE:HCA)

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