HCA Holdings Sets New 1-Year High at $69.19 (HCA)
HCA Holdings (NYSE:HCA)’s share price reached a new 52-week high during mid-day trading on Monday , AR Network reports. The stock traded as high as $69.19 and last traded at $68.70, with a volume of 1,462,379 shares changing hands. The stock had previously closed at $67.74.
HCA has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of HCA Holdings from a “neutral” rating to an “outperform” rating in a research note on Friday, August 1st. They now have a $69.30 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of HCA Holdings from $56.00 to $80.00 in a research note on Thursday, July 31st. They now have an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of HCA Holdings from $60.00 to $72.00 in a research note on Thursday, July 31st. Two analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $67.71.
The stock’s 50-day moving average is $61.60 and its 200-day moving average is $53.94. The company has a market cap of $29.752 billion and a P/E ratio of 19.20.
HCA Holdings (NYSE:HCA) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.15. The company had revenue of $9.96 billion for the quarter, compared to the consensus estimate of $8.98 billion. During the same quarter in the previous year, the company posted $0.91 earnings per share. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. Analysts expect that HCA Holdings will post $4.21 EPS for the current fiscal year.
In other HCA Holdings news, Insider Samuel N. Hazen sold 19,374 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $66.00, for a total transaction of $1,278,684.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
HCA Holdings, Inc (NYSE:HCA) is a holding company whose affiliates owns and operates hospitals and related health care entities.
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