Engulfing Line (Bearish)
|Bid||106.51 x 1100|
|Ask||106.98 x 1100|
|Day's Range||104.52 - 109.91|
|52 Week Range||58.38 - 151.97|
|Beta (5Y Monthly)||1.31|
|PE Ratio (TTM)||12.16|
|Earnings Date||Jul 28, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 28, 2020|
|1y Target Est||143.19|
Bireme Capital recently released its Q1 2020 Investor Letter, a copy of which you can download below. In the letter, the hedge fund said that its flagship U.S. equity strategy, Fundamental Value, returned -26.4% on a net basis. The fund underperformed its benchmark, the S&P 500 Index which returned -19.4% in the same quarter. You […]
HCA (HCA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Shares of Align Technology (NASDAQ: ALGN), HCA Healthcare (NYSE: HCA), and HealthEquity (NASDAQ: HQY) rose big on Monday. It's hard to pinpoint the exact source of the bullish sentiment, but a few news items could be responsible.
HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers, today announced that it has been recognized by The Joint Commission and the National Quality Forum (NQF) with the prestigious John M. Eisenberg Patient Safety and Quality Award for its pioneering work using artificial intelligence to help reduce sepsis mortality.
Ensign Group's (ENSG) first-quarter 2020 results reflect strong revenues courtesy of robust segmental performance, partly offset by high costs.
HCA Healthcare (NYSE:HCA) shareholders are no doubt pleased to see that the share price has bounced 31% in the last...
Michael Castor predicted the coronavirus pandemic when most investors were dismissing the threat. S&P 500 Index lost nearly 20% during the first quarter, yet Castor's healthcare focused hedge fund Sio Capital returned more than 7% during the same period. Most equity hedge funds aren't truly hedge funds. They are almost never 100% hedged. That's because […]
HCA Healthcare (NYSE: HCA), one of the nation’s leading healthcare providers, today announced 172 of its affiliated hospitals are participating in a national study to test whether plasma from convalescent, or recovered, COVID-19 patients may help in the treatment of individuals currently sick from the virus. As part of the effort, these hospitals are seeking qualified plasma donors in 20 states.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
The University of Central Florida's new teaching hospital will open later than expected due to the coronavirus. The $175 million UCF Lake Nona Medical Center now will debut in early 2021 rather than in fourth-quarter 2020. UCF is building the 64-bed hospital at 6700 Lake Nona Blvd. in southeast Orlando in partnership with Nashville, Tennessee-based HCA Healthcare Inc. (NYSE: HCA).
The massive for-profit health care operator HCA, with hospitals throughout Tampa Bay, is suspending its quarterly dividend program and putting a hold on capital projects to lessen the blow from the coronavirus pandemic. HCA Healthcare has experienced a decrease in emergency room visits along with inpatient and outpatient surgeries, which is largely due to the ceasing of non-urgent elective surgeries that make up a huge part of its revenue. Although the data speaks for the 186 hospitals and 2,000 care sites HCA operates, the system does have a great presence in Tampa Bay with campuses such as Oak Hill Hospital, Largo Medical Center, St. Petersburg General, Northside Hospital, Brandon Regional Hospital, Blake Medical Center and Doctors Hospital of Sarasota.
HCA (HCA) delivered earnings and revenue surprises of -10.73% and -1.30%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of HCA Healthcare Inc. were down 4% in premarket trading on Tuesday after the hospital operator missed on earnings. The company had net earnings of $581 million, or $1.69 per share, in the first quarter of 2020, compared with $1.0 billion, or $2.97 per share, in the same period a year ago. That's against the FactSet consensus of $918 million, or $2.67 per share. Revenue was $12.8 billion in the first quarter of 2020, up from $12.5 billion in the same quarter in 2019, against the FactSet consensus of $13.1 billion. HCA said that same-site hospital admissions increased by 0.6%, and same-site emergency room visits declined 1.0% in the first quarter of 2020, compared to the prior quarters a year ago. Inpatient surgeries dropped 1.8%, while outpatient surgeries declined 5.9% in the first quarter of 2020, compared to the like period in 2019. The company said that "patient volumes across most services were significantly impacted in the last two weeks of the quarter as various COVID-19 policies were implemented by federal and state governments," including the reduction or cancellation of certain elective procedures. Year-to-date, HCA's stock is down 25.3%, while the S&P 500 has dropped 12.6%.
HCA Healthcare, Inc. (NYSE: HCA) today announced financial and operating results for the first quarter ended March 31, 2020. The Company also announced that it has implemented a number of actions to respond to the impact and uncertainty caused by the COVID-19 pandemic. These measures are highlighted later in this release.
The day the S&P 500 Index reached its all-time high Sio Capital’s Michael Castor said the following about the coronavirus threat: “The risk is small but not negligible that coronavirus (COVID-19) will become pandemic. The virus is transmissible during the 14-day incubation period when infected carriers are asymptomatic. This is in contrast to diseases like […]
HCA Healthcare (NYSE:HCA) shareholders are no doubt pleased to see that the share price has bounced 59% in the last...