A new trading day began on May 22, 2023, with HCA Healthcare Inc. (NYSE: HCA) stock priced at $282.88, down -1.92% from the previous day of trading. During the day, the shares moved up to $284.78 and dropped to $276.87 before settling in for the closing price of $282.47. HCA’s price has ranged from $164.47 to $294.02 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 6.70%. Meanwhile, its annual earnings per share averaged -9.50%. With a float of $210.77 million, this company’s outstanding shares have now reached $276.91 million.
The extent of productivity of a business whose workforce counts for 207000 workers is very important to gauge. In terms of profitability, gross margin is +15.03, operating margin of +15.03, and the pretax margin is +14.24.
HCA Healthcare Inc. (HCA) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Care Facilities Industry. The insider ownership of HCA Healthcare Inc. is 0.10%, while institutional ownership is 66.80%. The most recent insider transaction that took place on Apr 28, was worth 3,571,396. In this transaction EVP and Chief Clinical Officer of this company sold 12,556 shares at a rate of $284.44, taking the stock ownership to the 28,783 shares. Before that another transaction happened on Apr 28, when Company’s Group President sold 3,500 for $285.00, making the entire transaction worth $997,500. This insider now owns 42,484 shares in total.
HCA Healthcare Inc. (HCA) Performance Highlights and Predictions
In its latest quarterly report, released on 3/30/2023, the company reported earnings of $4.93 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +9.37. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.03% during the next five years compared to 23.10% growth over the previous five years of trading.
HCA Healthcare Inc. (NYSE: HCA) Trading Performance Indicators
Here are HCA Healthcare Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24. Likewise, its price to free cash flow for the trailing twelve months is 20.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.95, a number that is poised to hit 4.22 in the next quarter and is forecasted to reach 19.87 in one year’s time.
Technical Analysis of HCA Healthcare Inc. (HCA)
The latest stats from [HCA Healthcare Inc., HCA] show that its last 5-days average volume of 1.22 million was inferior to 1.3 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 57.72%. Additionally, its Average True Range was 5.66.
During the past 100 days, HCA Healthcare Inc.’s (HCA) raw stochastic average was set at 70.60%, which indicates a significant increase from 31.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.66% in the past 14 days, which was lower than the 21.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $269.70, while its 200-day Moving Average is $238.88. Now, the first resistance to watch is $282.26. This is followed by the second major resistance level at $287.47. The third major resistance level sits at $290.17. If the price goes on to break the first support level at $274.35, it is likely to go to the next support level at $271.65. Assuming the price breaks the second support level, the third support level stands at $266.44.
HCA Healthcare Inc. (NYSE: HCA) Key Stats
With a market capitalization of 75.38 billion, the company has a total of 275,190K Shares Outstanding. Currently, annual sales are 60,233 M while annual income is 5,643 M. The company’s previous quarter sales were 15,591 M while its latest quarter income was 1,363 M.
