Labor costs, payer mix dig into HCA’s Q3 operating margins
In analysts report released on Thursday morning, HCA Holdings (NYSE:HCA) stock had its “Buy” Rating restate by expert analysts at Mizuho Securities.
On a day in which the broader market is up by 0.45%, shares of HCA Holdings Inc (NYSE:HCA), Imprivata Inc (NYSE:IMPR), and Garmin Ltd. (NASDAQ:GRMN) are going the opposite way on strong volume. This means 60% are positive. The brokerage firm lowers the price target from $105 per share to $94 per share. The stock was sold at an average price of $91.24, for a total transaction of $1,277,360.00. HCA Holdings was the topic in 9 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Finally, Jefferies Group reaffirmed a buy rating and set a $108.00 price target (up from $95.00) on shares of HCA Holdings in a report on Friday, June 26th. Citigroup initiated the shares of HCA in a report on October 2 with “Neutral” rating. Bank of America cut their price objective on HCA Holdings from $110.00 to $95.00 and set a buy rating for the company in a report on Thursday. The 52-week high of HCA Holdings, Inc.
Analysts await HCA Holdings Inc (NYSE:HCA) to reports earnings on October, 27. The company reported $1.37 EPS for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.03. The Handbags & Luggage Retailers Company, on August 4, 2015 stated net sales of $1.00 billion for its fourth fiscal quarter ended June 27, 2015, counting a $43 million contribution from the May acquisition of Stuart Weitzman. The company expects to deliver earnings of $1.17 per share on revenues of $9.86 billion. Its down 0.08, from 1.42 in 2015Q1.
As many as 20 brokerage firms have rated HCA Holdings, Inc. 104 funds bought stakes while 240 increased positions. HCA Holdings’s stock is up 1.93% over the last 200 days. In addition, Kohlberg Kravis Roberts & Co. The shares were sold at an average price of $91.25, for a total transaction of $6,159,922.50.
The company shares have rallied 16.2% in the past 52 Weeks. Also, SVP Donald W. Stinnett sold 67,506 shares of HCA Holdings stock in a transaction that occurred on Monday, August 17th. The Healthcare Services company is now valued at $31.5 billion and its share price closed the last trading session at $75.86. The insider Anderson David Gwin sold 35,000 shares worth $3.20 million.
HCA Holdings and other hospital operators might continue to have labor cost problems given the U.S economy is close to full employment. The company has a market cap of $32,298 million and the number of outstanding shares have been calculated to be 415,192,000 shares. It operates general, acute care hospitals that offer medical and surgical services, counting inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services. The P/E ratio is 14.83. its dividend payout ratio is 51.40%. The Company owns, manages or operates hospitals, freestanding surgery centers, diagnostic and imaging centers, radiation and oncology therapy centers, rehabilitation and physical therapy centers and various other facilities.
HCA Inc.is a non-governmental hospital in the USA providing health care and related services.