More To Go Or Is It Over? – HCA Healthcare Inc (HCA)

HCA Healthcare Inc (NYSE:HCA) does about 1.11M shares in volume on a normal day but saw 1609170 shares change hands in Friday trading. The company now has a market cap of 80.70B USD. Its current market price is $305.11, marking an increase of 2.73% compared to the previous close of $297.00. The 52 week high reached by this stock is $335.83 whilst the lowest price level in 52 weeks is $215.96.

HCA Healthcare Inc (HCA) has a 20-day trading average at $324.01 and the current price is -9.15% off the 52-week high compared with 41.28% distance from its 52-week low. The 50-day simple moving average of the closing price is $319.43 and its 200-day simple moving average is $278.43. If we look at the stock’s price movements over the week, volatility stands at 3.00%, which decreases to 1.86% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 35.23 to suggest the stock is neutral.

The consensus objective for the share price is $342.37, suggesting that the stock has a potential upside of 10.88% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 06, 2024 when Barclays initiated the stock to “Overweight” and issued a price target of $356. Bernstein downgraded the stock to “Mkt Perform” from Outperform on January 04, 2024 at a price target of $277-$301. Goldman downgraded its price target at $271.

HCA Healthcare Inc (HCA) stock is down -5.49% over the week and -7.22% over the past month. Its price is 12.72% year-to-date and 11.77% over the past year.

To reach the target analysts have set, the stock logically needs to grow 10.88 percent from here.

The company has a return on investment of 14.05%. The price to earnings ratio (P/E ratio) amounts to 16.07 while the forward price to earnings ratio is 13.23. The beta has a value of 1.68. Price to sales ratio is 1.24.