HCA Healthcare Inc. ($HCA) Stock Forecast: Down 10.3% Today

What is HCA Healthcare Inc.?

HCA Healthcare (HCA) is a leading healthcare services provider operating hospitals and other healthcare facilities. The stock is listed on the NYSE under the ticker symbol HCA.

Why is HCA Healthcare Inc. going down?

HCA stock is down 10.3% on Oct 25, 2024 16:41

• HCA Healthcare exceeded Q3 earnings estimates, demonstrating resilience and positive performance in the recent quarter.
• However, the stock faced a downward trend due to falling short of revenue and profit projections for the quarter, as well as worries about the potential impact of hurricanes on future earnings growth.
• The negative sentiment was accentuated by reports of influential investors adopting a pessimistic stance towards HCA Healthcare, signaling possible market concerns.
• Notwithstanding the recent decline in stock value, HCA Healthcare has exhibited substantial growth over the last year, suggesting a promising opportunity for long-term investors to explore.

HCA Price Chart

HCA Technical Analysis

HCA News

HCA Healthcare ( HCA ) Beats Q3 Earnings Estimates

HCA (HCA) delivered earnings and revenue surprises of 1.61% and 0.04%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2357571/hca-healthcare-hca-beats-q3-earnings-estimates

HCA Healthcare Q3 Earnings: Revenue And Profit miss, Sees Hurricane Impact on Q4 and FY25 Earnings Growth - HCA Healthcare ( NYSE:HCA )

On Tuesday, HCA Healthcare Inc. HCA reported third-quarter revenues of $17.49 billion, up 7.9% year-over-year, slightly missing the consensus of $17.54 billion. The hospital chain reported adjusted EPS of $4.90, up from $3.91 a year ago, missing the consensus of $4.96.

https://www.benzinga.com/news/earnings/24/10/41544243/hca-healthcare-q3-earnings-revenue-and-profit-miss-sees-hurricane-impact-on-q4-and-fy25-earnings-gr

AutoNation, Capital One Financial And 3 Stocks To Watch Heading Into Friday - Colgate-Palmolive ( NYSE:CL ) , AutoNation ( NYSE:AN )

With U.S. stock futures trading slightly higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects AutoNation, Inc. AN to report quarterly earnings at $4.38 per share on revenue of $6.71 billion before the opening bell, according to ...

https://www.benzinga.com/news/earnings/24/10/41538352/autonation-capital-one-financial-and-3-stocks-to-watch-heading-into-friday

Check Out What Whales Are Doing With HCA - HCA Healthcare ( NYSE:HCA )

Deep-pocketed investors have adopted a bearish approach towards HCA Healthcare HCA, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/24/10/41528926/check-out-what-whales-are-doing-with-hca

P/E Ratio Insights for HCA Healthcare - HCA Healthcare ( NYSE:HCA )

In the current market session, HCA Healthcare Inc. HCA stock price is at $409.29, after a 0.36% drop. However, over the past month, the company's stock increased by 1.86%, and in the past year, by 81.62%.

https://www.benzinga.com/insights/news/24/10/41465439/pe-ratio-insights-for-hca-healthcare

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HCA Healthcare Inc. Price History

25.09.2024 - HCA Stock was down 9.8%

• HCA Healthcare reported third-quarter earnings slightly below expectations, with revenues of $17.49 billion and adjusted EPS of $4.90, missing consensus estimates. This weaker financial performance likely contributed to the bearish movement in the stock.
• The company also mentioned the impact of hurricanes on its Q4 and FY25 earnings growth, which could have raised concerns among investors and led to a sell-off.
• The bearish approach adopted by deep-pocketed investors towards HCA Healthcare, as indicated by public options records, might have further fueled negative sentiment and contributed to the stock's downward movement.
• Despite a recent increase in the stock price over the past month and year, the disappointing earnings report and cautious outlook for future earnings growth seem to have overshadowed any previous positive momentum, resulting in today's bearish market movement.

25.09.2024 - HCA Stock was down 10.3%

• HCA Healthcare exceeded Q3 earnings estimates, demonstrating resilience and positive performance in the recent quarter.
• However, the stock faced a downward trend due to falling short of revenue and profit projections for the quarter, as well as worries about the potential impact of hurricanes on future earnings growth.
• The negative sentiment was accentuated by reports of influential investors adopting a pessimistic stance towards HCA Healthcare, signaling possible market concerns.
• Notwithstanding the recent decline in stock value, HCA Healthcare has exhibited substantial growth over the last year, suggesting a promising opportunity for long-term investors to explore.

11.08.2024 - HCA Stock was down 0.7%

• Despite its strong historical performance, HCA Healthcare (HCA) faced a bearish market movement today.
• Investor focus may have shifted towards the bullish movement in Cigna Group (CI) stock, which has benefited from improved premiums and buyouts.
• The recent acquisition news of Valir Rehabilitation Hospital by Select Medical (SEM) within the healthcare sector may have influenced investor attention, impacting HCA Healthcare's stock negatively.
• Comparisons of HCA Healthcare's performance with other medical stocks like Arbutus Biopharma (ABUS) may have revealed relative underperformance, potentially contributing to today's bearish trend.

06.08.2024 - HCA Stock was down 0.5%

• HCA stock experienced a bearish movement today, possibly influenced by concerns about governance issues within the organization.
• Despite the long-term potential highlighted regarding the significant returns on investment in HCA Healthcare over the past decade, the current market sentiment might have been impacted by immediate concerns raised by Telangana Cricket Association regarding the HCA's operations.
• The acquisition news from Select Medical expanding its rehabilitation footprint could have also shifted investor focus away from HCA Healthcare, contributing to the bearish movement in HCA stock today.

09.08.2024 - HCA Stock was down 2.1%

• Today's decline in HCA stock could be due to investors taking profits following its sustained outperformance.
• The announcement of Valir Rehabilitation Hospital's acquisition by Select Medical (SEM) may have prompted investors to focus on SEM, leading to a temporary sell-off in HCA shares.
• Despite Centene's (CNC) positive performance and stock growth, some investors may be shifting away from HCA towards other healthcare companies, leading to a negative impact on HCA's stock price.
• The bearish trend in HCA today appears to be a brief market adjustment influenced by broader industry trends and specific corporate updates.

26.03.2024 - HCA Stock was down 5.1%

• Despite surpassing profit projections and delivering a strong performance in the initial quarter, HCA Healthcare observed a decline in the market.
• The declaration of a shareholder dividend along with Augmedix's introduction of a new product designed for emergency departments may have provided an initial boost to investor confidence.
• Nonetheless, external factors or market sentiment might have contributed to the downturn in HCA stock, despite its favorable financial outcomes.
• Investors could be responding to general market trends or specific industry-related developments, influencing the downward trend in HCA's stock value.

18.03.2024 - HCA Stock was down 5.1%

• Smart money investors have taken a bearish stance on HCA Healthcare, with a split sentiment of 33% bullish and 66% bearish, as indicated by unusual options trades.
• The stock fell more than the broader market, closing at $311.03, marking a -0.91% move from the previous day, possibly reflecting the impact of the bearish sentiment.
• HCA Healthcare's short interest has decreased by 12.99%, indicating a potential shift in market sentiment towards the stock.
• Deutsche Bank raised HCA Holdings' stock target on a strong outlook, which might suggest a positive long-term view despite the current bearish movement.

29.04.2024 - HCA Stock was up 3.9%

• The bullish movement in HCA's stock price can be attributed to the overall positive outlook for healthcare stocks in the market, driven by factors such as projected growth in healthcare spending and increasing demand for medical services.
• The decrease in short interest for HCA indicates growing confidence in the company's performance and potential for long-term growth, leading to increased buying pressure on the stock.
• As investors seek stability and upside potential in uncertain economic times, healthcare stocks like HCA present themselves as attractive investment opportunities, supported by strong secular growth drivers and favorable valuations.
• With demographic trends and coverage expansions driving demand for healthcare services, HCA is well positioned to benefit from these tailwinds, making it a compelling choice for investors looking for exposure to the resilient healthcare sector.

28.05.2024 - HCA Stock was down 5.8%

• There is a notable interest from investors in HCA options, with a majority displaying optimistic sentiment. However, despite this, the stock's performance was bearish, suggesting a potential disparity between market sentiment and actual results.
• The focus on Augmedix's AI tool accomplishments and expansion plans might have shifted attention away from HCA Healthcare, impacting its stock negatively.
• Uncertainty surrounding the upcoming 2nd Quarter earnings release call for HCA Healthcare could be prompting some investors to sell off the stock.
• While the healthcare sector as a whole shows a positive outlook, as evidenced by gains in the Health Care Select Sector SPDR Fund, individual company performance like HCA Healthcare can still be influenced by specific factors, contributing to today's downward movement.

28.05.2024 - HCA Stock was down 3.3%

• Today's bearish movement in HCA's stock price could be attributed to several factors:
• Mention of Augmedix's AI tool success and expansion plans could have raised concerns among investors about potential competition in the healthcare technology space, leading to a sell-off of HCA shares.
• The upcoming earnings release call for HCA Healthcare's 2nd Quarter 2024 might have created uncertainty in the market, causing some investors to take a cautious approach and sell off their positions.
• Despite HCA Healthcare's strong historical performance, with a market capitalization of $88.77 billion and consistent annualized returns, recent gains in the broader healthcare sector may have prompted profit-taking by investors looking to capitalize on other opportunities within the industry.
• The positive outlook for healthcare stocks, as reflected in the Health Care Select Sector SPDR Fund's year-to-date gains and the potential for sustained growth in the sector, could have led some investors to reallocate their investments from HCA Healthcare to other healthcare stocks with perceived stronger growth prospects.

23.06.2024 - HCA Stock was up 5.2%

• HCA Healthcare reported strong Q2 earnings, surpassing market expectations and increasing its FY24 outlook, resulting in a bullish movement in the stock.
• The company's decision to elevate its yearly profit forecast demonstrates confidence in healthcare demand, likely boosting investor confidence.
• Revenues rose by 10.3%, and net income increased by 22.5% in Q2 2024, showcasing HCA Healthcare's robust performance and significant growth in admissions and ER visits, contributing to the positive market sentiment.
• Overall, HCA Healthcare's impressive financial and operational results, combined with optimistic guidance, drove the stock upwards as investors positively responded to the company's performance.

23.06.2024 - HCA Stock was up 6.0%

• HCA Healthcare is a for-profit operator of healthcare facilities, including hospitals and clinics. The company provides a wide range of medical services to patients.
• Assessment
• HCA stock experienced a strong bullish movement.
• The company reported impressive Q2 2024 earnings, beating both EPS and revenue estimates.
• HCA Healthcare's raised annual profit forecast indicates confidence in continued strong demand for medical care.
• The positive earnings report and increased profit outlook likely contributed to the bullish market movement of HCA stock.