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HCA Healthcare (HCA) Stock Moves -0.3%: What You Should Know
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In the latest trading session, HCA Healthcare (HCA - Free Report) closed at $253.44, marking a -0.3% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.64%. Meanwhile, the Dow lost 1.08%, and the Nasdaq, a tech-heavy index, lost 1.82%.
Heading into today, shares of the hospital operator had lost 8.28% over the past month, lagging the Medical sector's loss of 3.72% and the S&P 500's gain of 0.89% in that time.
HCA Healthcare will be looking to display strength as it nears its next earnings release. In that report, analysts expect HCA Healthcare to post earnings of $4.02 per share. This would mark year-over-year growth of 2.29%. Our most recent consensus estimate is calling for quarterly revenue of $15.79 billion, up 5.46% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $18.47 per share and revenue of $63.86 billion. These totals would mark changes of +9.35% and +6.02%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for HCA Healthcare. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.23% higher. HCA Healthcare is holding a Zacks Rank of #2 (Buy) right now.
Looking at its valuation, HCA Healthcare is holding a Forward P/E ratio of 13.76. For comparison, its industry has an average Forward P/E of 13.17, which means HCA Healthcare is trading at a premium to the group.
We can also see that HCA currently has a PEG ratio of 1.31. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. HCA's industry had an average PEG ratio of 1.56 as of yesterday's close.
The Medical - Hospital industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 46, which puts it in the top 19% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow HCA in the coming trading sessions, be sure to utilize Zacks.com.
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HCA Healthcare (HCA) Stock Moves -0.3%: What You Should Know
In the latest trading session, HCA Healthcare (HCA - Free Report) closed at $253.44, marking a -0.3% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.64%. Meanwhile, the Dow lost 1.08%, and the Nasdaq, a tech-heavy index, lost 1.82%.
Heading into today, shares of the hospital operator had lost 8.28% over the past month, lagging the Medical sector's loss of 3.72% and the S&P 500's gain of 0.89% in that time.
HCA Healthcare will be looking to display strength as it nears its next earnings release. In that report, analysts expect HCA Healthcare to post earnings of $4.02 per share. This would mark year-over-year growth of 2.29%. Our most recent consensus estimate is calling for quarterly revenue of $15.79 billion, up 5.46% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $18.47 per share and revenue of $63.86 billion. These totals would mark changes of +9.35% and +6.02%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for HCA Healthcare. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.23% higher. HCA Healthcare is holding a Zacks Rank of #2 (Buy) right now.
Looking at its valuation, HCA Healthcare is holding a Forward P/E ratio of 13.76. For comparison, its industry has an average Forward P/E of 13.17, which means HCA Healthcare is trading at a premium to the group.
We can also see that HCA currently has a PEG ratio of 1.31. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. HCA's industry had an average PEG ratio of 1.56 as of yesterday's close.
The Medical - Hospital industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 46, which puts it in the top 19% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow HCA in the coming trading sessions, be sure to utilize Zacks.com.