Are Analysts Too Bullish On HCA Healthcare Inc (HCA)

HCA Healthcare Inc (NYSE:HCA) currently has a daily average trading volume of 1.06M but it saw 647346 shares traded in last market. With a market cap of 88.24B USD, the company’s current market price of $336.91 came rising about 1.48 while comparing to the previous closing price of $332.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $340.00 and as low as $215.96.

Taking a look at 20-day trading activity of HCA Healthcare Inc (HCA) gives us an average price of $324.35, while its current price level is -0.91% below from 52-week high level whereas it is 56.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $321.03 while that of 200 days or SMA-200 reads an average of $284.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.56% during that period while stretching the period over a month that decreases to 2.22%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.65 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Robert W. Baird which initiated the stock as “Outperform” in its note to investors issued on May 30, 2024, recommending a price target of $396 for it. Bernstein issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $277 and $301.

Over the week, HCA’s stock price is moving 3.62% up while it is 8.66% when we observe its performance for the past one month. Year-to-date it is 24.47% up and over the past year, the stock is showing an upside performance of 23.76%.

Currently, HCA Healthcare Inc’s total number of outstanding shares is 265.54M. Company’s return on investment (ROI) stands at 14.60%. It has a price to earnings ratio (P/E ratio) of 16.79 while having a 14.49 of forward P/E ratio. Stock’s beta reads 1.71. Stock has a price to sale or P/S ratio amounts to 1.32. Its return on asset (ROA) is 9.98% on average.