Leerink Partners analyst Whit Mayo maintains $HCA Healthcare (HCA.US)$ with a buy rating, and adjusts the target price from $396 to $460.
According to TipRanks data, the analyst has a success rate of 50.0% and a total average return of 3.9% 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 anticipated disturbances from hurricanes were factored in, however, a more notable revelation was the projection for EBITDA and EPS in 2025 falling short of market expectations, interrupting a sequence of strong beat and raise events. Despite the attractive nature of the recent 9% stock dip, there is a belief that a phase of stock consolidation might be forthcoming.
HCA Healthcare's Q3 outcomes have successfully navigated through the negative impacts of hurricanes, a trend which is anticipated to persist into Q4 and potentially lead to FY2024 guidance aligning with the lower spectrum of projections. Even with ongoing challenges from hurricanes, the company's leadership anticipates earnings growth in 2025 to meet or exceed their longstanding objectives, bolstered by an admissions growth forecast of 3%-4%, which is considered above the usual trend.
Following the release of 3Q24 results, there has been an update to the financial model for HCA Healthcare. Despite high expectations prior to the third quarter results, the company's underlying performance remained robust, demonstrated by a 7.1% increase in same-store revenues, compared to the third quarter of the previous year's 7.9%.
Note:
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