How Does HCA Healthcare, Inc. (HCA) Stack Up Right Now?

HCA Healthcare, Inc. (HCA) is an interesting player in the Healthcare space, with a focus on Hospitals. The stock has been active on the tape, currently trading at $83.22, down from yesterday’s close by -1.25%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Money managers are always interested in a company that can find the right recipe of fundamental data because it reflects something important going on underneath the surface. HCA Healthcare, Inc. (HCA) currently trades with a market capitalization of $28.34 Billion. That value represents a market adjusting for revenues that have been growing by 4.15 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For HCA, the company currently has $718 Million of cash on the books, which is offset by $202 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $2.48 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $1.88 on a per share basis this quarter. Perhaps, that suggests something about why 97.64% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, HCA Healthcare, Inc. recorded a 52-week high of $91.03. It is now trading 7.81% off that level. The stock is trading $77.88 its 50-day moving average by -5.34%. The stock carved out a 52-week low down at $70.00.

In recent action, HCA Healthcare, Inc. (HCA) has made a move of +8.26% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.31, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 4.91% with $294.29 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of HCA.

Previous articlePrudential Financial, Inc. (PRU): What’s the Story?
Next articleTaking a Fresh Look at Newell Brands Inc. (NWL)