HCA stock: buy or sell?
September 20th, 2019
HCA Healthcare, Inc., through its subsidiaries, provides health care services in the United States and England. The company operates general, acute care hospitals that offer medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.
Should I buy HCA stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with HCA Healthcare stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is HCA Healthcare stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 11 ratings published for HCA stock in the last month. The general sentiment of these ratings is bullish for HCA stock, with 10 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-6||Bank of America||Underperform||Neutral|
|2019-7-10||Goldman Sachs Group||Neutral||Buy|
|2019-4-23||Raymond James||Market Perform||Outperform|
HCA stock analysis
HCA Healthcare shares dropped -2.00% to $124.28 yesterday.
Shares of HCA Healthcare dropped a tragic -2.00% and closed at $124.28. On July, HCA hit new all time highs, pushing higher previous ATH of $146.03 recorded on December. New ATHs are usual entry points for many trading setups as there aren't higher resistences. HCA is retaking the upward trend marking a new rising bottom heading to break out over $132.49. Since SMA50d and SMA100d crossed up on July, HCA price slid a -10.74%.
HCA Healthcare shares eased -3.71% this week, ending at $124.28. Late July HCA plummed a chilling -14.09% in just one week.
HCA Healthcare is in a clear downtrend, marking consecutive falling tops and bottoms. Now is trading in between the - range. There is a chance to rebound and reverse this situation if price can hold above the level. Not so far away is the last price record HCA Healthcare marked late July, but since then it dropped a 15.15%. Since late July, when HCA stock price broke down the 40-weeks moving avarage line, it slid $-20.30 per share (-14.04%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
HCA stock price history
HCA IPO was on March 10th, 2011 at $24.48 per share1. Since then, HCA stock surged a 407.70%, with an average of 51.00% per year. If you had invested right after HCA's IPO a $1,000 in HCA stock in 2011, it would worth $4,077.00 today.
1: Adjusted price after possible price splits or reverse-splits.
HCA stock historical price chart
HCA stock reached all-time highs on July with a price of $146.47.
HCA stock price target is $160.60Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we found 8 price forecasts for HCA stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-6||Bank of America||Upgrades||$130.00||$137.00||5.4%|
|2019-6-24||UBS Group||Raises Target||$172.00||$181.00||5.2%|
|2019-5-1||UBS Group||Raises Target||$164.00||$172.00||4.9%|
|2019-5-1||Deutsche Bank||Raises Target||$160.00||$165.00||3.1%|
|2019-1-30||SunTrust Banks||Raises Target||n/a||$175.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on April, HCA Healthcare . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a more than good increase of 7.02% to $46,677.00 million USD. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) grew a 3.03% to 8.11%. HCA Healthcare presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, HCA Healthcare TTM sales up to March 2019 were $47,771.00 and income $3,682.00 million dollars. When comparing this TTM figures with the last reported annuality, we can review HCA Healthcare business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, appreciated a slightly fine 2.34%. Regarding profit margin, HCA Healthcare remained stable -0.41% to 8.11%
|2013||$34,180 M||-||$1,560 M4.6%||-|
|2014||$36,918 M||8.01%||$1,875 M5.1%||20.19%|
|2015||$39,678 M||7.48%||$2,129 M5.4%||13.55%|
|2016||$41,490 M||4.57%||$2,890 M7.0%||35.74%|
|2017||$43,614 M||5.12%||$2,216 M5.1%||-23.32%|
|2018||$46,677 M||7.02%||$3,787 M8.1%||70.89%|
|TTM||$47,771 M||2.34%||$3,682 M7.7%||-2.77%|
Quarterly financial resultsHCA Healthcare posted $12,517.00 million in revenues for 2019-Q1, a 1.98% up compared to previous quarter. Reported quarter income marked $1,039.00 M with a profit margin of 8.30%. Profit margin remained steady a -0.37% compared to previous quarter when profit margin was 8.67%. When comparing turnover to same quarter last year, HCA Healthcare sales marked a superb gain and jumped a 9.58%. Looking back to recent quarterly results, HCA Healthcare posted 2 positive quarters in a row.
|2017-Q2||$10,730 M||-||$657 M6.1%||-|
|2017-Q3||$10,700 M||-0.28%||$426 M4.0%||-35.16%|
|2017-Q4||$11,562 M||8.06%||$474 M4.1%||11.27%|
|2018-Q1||$11,423 M||-1.20%||$1,144 M10.0%||141.35%|
|2018-Q2||$11,529 M||0.93%||$820 M7.1%||-28.32%|
|2018-Q3||$11,451 M||-0.68%||$759 M6.6%||-7.44%|
|2018-Q4||$12,274 M||7.19%||$1,064 M8.7%||40.18%|
|2019-Q1||$12,517 M||1.98%||$1,039 M8.3%||-2.35%|
HCA Healthcare ownershipWhen you are planning to buy a stock, it's worth to have a look its ownership structure.
HCA Healthcare shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 21.21% of all shares.
In case of HCA Healthcare stock, 72.69% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for HCA stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$42.4 B||$419.1 M||$2.6 B||$12.2 B|
|Total shares||341.0 M||118.1 M||103.5 M||81.2 M|
|Float shares||266.4 M||101.0 M||76.1 M||78.8 M|
|- Institutional holdings (%)||72.7%||103.8%||104.4%||101.1%|
|- Insider holdings (%)||21.2%||4.2%||2.5%||2.9%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$124.09 - $127.59|
|Average true range||$2.82|
|50d mov avg||$128.81|
|100d mov avg||$128.24|
|200d mov avg||$129.29|
HCA Healthcare performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We picked Community Health Systems, Tenet Healthcare and Universal Health Services as the bechmarking frame for HCA Healthcare stock.
|CYHCommunity Health ...||31.00%||-17.82%||4.11%|
|UHSUniversal Health ...||19.95%||11.18%||18.87%|
HCA Healthcare competitorsWe selected a few stocks to conform a list of HCA Healthcare competitors to review if you are interested in investing in HCA:
Latest HCA stock news
- Seeking AlphaKeep Your Portfolio Healthy With HCA HealthcareJune 4, 2019
- Seeking AlphaFinancial Exchange Stock Talk: Ranjit Thomas On HCA HealthcareDecember 19, 2018