HCA Healthcare (HCA) Scheduled to Post Quarterly Earnings on Monday

HCA Healthcare (NYSE:HCA) will issue its quarterly earnings data before the market opens on Monday, January 29th. Analysts expect the company to announce earnings of $1.93 per share for the quarter. HCA Healthcare has set its FY17 guidance at $6.45-6.70 EPS.

HCA Healthcare (NYSE:HCA) last issued its quarterly earnings results on Tuesday, October 31st. The company reported $1.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.21. HCA Healthcare had a net margin of 6.13% and a negative return on equity of 47.16%. The business had revenue of $10.70 billion for the quarter, compared to analyst estimates of $10.70 billion. During the same period in the previous year, the business posted $1.45 earnings per share. The business’s revenue was up 4.1% compared to the same quarter last year. On average, analysts expect HCA Healthcare to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

HCA Healthcare (NYSE HCA) opened at $93.01 on Monday. HCA Healthcare has a one year low of $71.18 and a one year high of $93.32. The company has a current ratio of 1.68, a quick ratio of 1.41 and a debt-to-equity ratio of -6.46. The stock has a market cap of $33,600.00, a PE ratio of 13.23, a PEG ratio of 1.23 and a beta of 0.55.

In other HCA Healthcare news, SVP Victor L. Campbell sold 8,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $75.82, for a total value of $606,560.00. Following the sale, the senior vice president now owns 127,275 shares of the company’s stock, valued at $9,649,990.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael S. Cuffe sold 2,400 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $86.63, for a total transaction of $207,912.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 20,550 shares of company stock worth $1,606,172. 2.90% of the stock is owned by insiders.

HCA has been the topic of a number of recent analyst reports. Morgan Stanley lowered shares of HCA Healthcare from an “equal weight” rating to an “underweight” rating and set a $85.00 price target on the stock. in a research note on Wednesday, December 20th. Credit Suisse Group reiterated an “outperform” rating and set a $25.00 price target on shares of HCA Healthcare in a research note on Tuesday, December 26th. KeyCorp reiterated an “overweight” rating and set a $90.00 price target (down from $95.00) on shares of HCA Healthcare in a research note on Thursday, October 19th. Citigroup upgraded shares of HCA Healthcare from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 12th. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $90.00 price target on shares of HCA Healthcare in a research note on Tuesday, October 31st. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and seventeen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $88.32.

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About HCA Healthcare

HCA Healthcare, Inc, formerly HCA Holdings, Inc, is a holding company. The Company, through its subsidiaries, owns and operates hospitals and related healthcare entities. As of December 31, 2016, the Company operated in two geographically organized groups, including the National and American Groups. As of December 31, 2016, the National Group included 84 hospitals, which were located in Alaska, California, Florida, southern Georgia, Idaho, Indiana, northern Kentucky, Nevada, New Hampshire, South Carolina, Utah and Virginia.

Earnings History for HCA Healthcare (NYSE:HCA)

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