Market Movers

HCA Healthcare, Inc.’s Stock Price Dips to $392.46, Recording a 2.82% Decline: Time to Buy?

HCA Healthcare, Inc. (HCA)

392.46 USD -11.39 (-2.82%) Volume: 0.93M

HCA Healthcare, Inc.’s stock price stands at 392.46 USD, experiencing a decline of 2.82% in today’s trading session with a volume of 0.93M shares, notwithstanding, the stock has shown a robust YTD performance with a rise of 44.99%.


Latest developments on HCA Healthcare, Inc.

Today, HCA Healthcare’s stock price is experiencing movement as key events unfold. Anthem BCBS and HCA Healthcare have agreed to a contract extension while working towards finalizing a deal, ensuring HCA Houston Healthcare remains in a major insurer’s network. Additionally, HCA Healthcare has made headlines for its philanthropic efforts, donating $1 million towards Hurricane Helene disaster relief in North Carolina. Despite challenges such as Mission Hospital in North Carolina still lacking running water days after the hurricane, HCA Healthcare continues to receive positive ratings and support, with Cantor Fitzgerald giving it an “Overweight” rating. As negotiations with Cigna continue and with ongoing efforts to aid hospitals in various regions, HCA Healthcare remains in the spotlight for its commitment to healthcare excellence and community support.


A look at HCA Healthcare, Inc. Smart Scores

FactorScoreMagnitude
Value0
Dividend2
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, HCA Healthcare has a promising long-term outlook. With a strong momentum score of 5, the company is showing positive growth potential and market performance. Additionally, HCA Healthcare scored a 4 in growth, indicating that the company is expected to expand and increase its market share in the future. Although the value score is 0, the overall outlook for HCA Healthcare remains positive due to its strong growth and momentum scores.

HCA Healthcare, Inc. is a healthcare services provider that offers a wide range of medical services in the United States. Despite a lower value score, the company’s high growth and momentum scores suggest that it is well-positioned for future success and expansion. With a focus on providing quality healthcare services, HCA Healthcare continues to serve patients with diagnosis, treatments, surgeries, and medical education programs. Overall, the company’s Smartkarma Smart Scores indicate a positive long-term outlook for HCA Healthcare.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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