Mizuho Has Lowered Expectations for HCA Healthcare (NYSE:HCA) Stock ...
π Mizuho lowered its price objective for HCA Healthcare from $525.00 to $475.00 while maintaining an 'outperform' rating.
π UBS Group reduced its price target from $635.00 to $579.00 and set a 'buy' rating for the company.
π Wall Street Zen downgraded shares of HCA Healthcare from a 'buy' rating to a 'hold' rating in May.
π The company reported quarterly earnings of $7.59 per share, beating analyst estimates of $7.56.
π Revenue for the quarter reached $20.23 billion, representing an 8.7% increase compared to the previous year.
π Institutional investors own 62.73% of the company's outstanding stock.
π Sei Investments Co. grew its position in HCA Healthcare by 56.3% during the second quarter.
π Barclays reduced its target price from $402.00 to $387.00 and set an 'equal weight' rating.
π The consensus average price target across analysts is currently set at $465.05.
- HCA Healthcare reported quarterly earnings of $7.59 per share, which beat the consensus estimate of $7.56 by $0.03.
- The company achieved a net margin of 8.77% and generated revenue of $20.23 billion for the quarter.
- Quarterly revenue increased by 8.7% on a year-over-year basis, demonstrating continued top-line growth.
- Sei Investments Co. significantly increased its stake by 56.3%, now owning shares worth over $52 million.
- NewEdge Advisors LLC lifted its holdings by 11.9% in the first quarter, indicating continued institutional confidence.
- Mizuho lowered its price objective from $525.00 to $475.00, citing a potential upside of only 16.31% from current levels.
- UBS Group reduced its price target from $635.00 to $579.00 in a recent research report.
- Wall Street Zen downgraded the stock from a 'buy' rating to a 'hold' rating in May.
- Barcls reduced its target price from $402.00 to $387.00 and assigned an 'equal weight' rating.
- Weiss Ratings downgraded HCA Healthcare from a 'buy (b-)' rating to a 'hold (c+)' rating in June.