Cantor Fitzgerald analyst Sarah James maintains $HCA Healthcare (HCA.US)$ with a buy rating, and adjusts the target price from $315 to $405.
According to TipRanks data, the analyst has a success rate of 60.1% and a total average return of 8.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $HCA Healthcare (HCA.US)$'s main analysts recently are as follows:
The firm projected some disruptions due to hurricanes but did not foresee the company's 2025 EBITDA and EPS projections falling below street expectations, which is a reversal from a previous period of consistent outperformance. Despite being intrigued by the recent 9% stock decline, the firm suggests that the shares may experience a phase of consolidation going forward.
HCA Healthcare's third-quarter performance managed to withstand the negative impacts of hurricanes, a trend that's anticipated to persist into the fourth quarter and possibly lead to a fiscal year 2024 guidance that aligns with the lower end of expectations. Despite the ongoing challenges posed by these natural disasters, the company's management is projecting earnings growth for 2025 to meet or exceed its long-term objectives, supported by an admissions growth prediction of 3%-4%, which is considered above the usual trend.
Investor expectations were high leading into the third quarter, yet HCA Healthcare's underlying performance remained robust, evidenced by same-store revenues climbing 7.1% despite a strong third-quarter comparison from the previous year at 7.9%.
Note:
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