DaVita Inc. (NYSE:DVA) stock went on an upward path that rose over 1.56% on Tuesday, amounting to a one-week price increase of more than 5.92%. Over the last 12 months, DVA stock rose by -7.72%. The one-year DVA stock forecast points to a potential downside of -0.04, with the average price target set at $65.18 per share. The average equity rating for DVA stock is currently 2.60, trading closer to a bullish pattern in the stock market.
The market cap for DVA stock reached $9.85 billion, with 157.77 million shares outstanding and 156.67 million shares in the current float. Compared to the average trading volume of 2.63M shares, DVA reached a trading volume of 1708962 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about DaVita Inc. (DVA):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DVA shares is $65.18 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DVA stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for DaVita Inc. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on October 25, 2019. The new note on the price target was released on September 11, 2019, representing the official price target for DaVita Inc. stock. Previously, the target price had yet another drop from $70 to $65, while Robert W. Baird kept a Neutral rating on DVA stock.
The Average True Range (ATR) for DaVita Inc. is set at 1.29, with the Price to Sales ratio for DVA stock in the period of the last 12 months amounting to 0.88. The Price to Book ratio for the last quarter was 2.57, with the Price to Cash per share for the same quarter was set at 22.70. Price to Free Cash Flow for DVA in the course of the last twelve months was 8.76 with Quick ratio for the last quarter at 1.10.
Trading performance analysis for DVA stock
DaVita Inc. (DVA) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.92. With this latest performance, DVA shares gained by 12.16% in over the last four-week period, additionally plugging by 20.63% over the last 6 months – not to mention a drop of -7.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DVA stock in for the last two-week period is set at 68.57, with the RSI for the last a single of trading hit 78.81, and the three-weeks RSI is set at 64.53 for DaVita Inc. (DVA). The present Moving Average for the last 50 days of trading for this stock 58.16, while it was recorded at 60.21 for the last single week of trading, and 55.42 for the last 200 days.
DaVita Inc. (DVA): A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and DaVita Inc. (DVA) shares currently have an operating margin of +13.16 and a Gross Margin at +23.05. DaVita Inc.’s Net Margin is presently recorded at +5.47.
Return on Total Capital for DVA is now 9.89, given the latest momentum, and Return on Invested Capital for the company is 4.85. Return on Equity for this stock inclined to 14.88, with Return on Assets sitting at 3.25. When it comes to the capital structure of this company, DaVita Inc. (DVA) has a Total Debt to Total Equity ratio set at 272.78. Additionally, DVA Total Debt to Total Capital is recorded at 73.17, with Total Debt to Total Assets ending up at 52.29. Long-Term Debt to Equity for the company is recorded at 220.68, with the Long-Term Debt to Total Capital now at 59.20.
Reflecting on the efficiency of the workforce at the company, DaVita Inc. (DVA) managed to generate an average of $8,035 per employee. Receivables Turnover for the company is 5.03 with a Total Asset Turnover recorded at a value of 0.59. DaVita Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.
DaVita Inc. (DVA): An earnings per share (EPS) analysis
With the latest financial reports released by the company, DaVita Inc. posted 0.56/share EPS, while the average EPS was predicted by analysts to be reported at 0.87/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -35.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DVA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DaVita Inc. go to 19.16%.
An analysis of insider ownership at DaVita Inc. (DVA)
There are presently around $9,420 million, or 96.70% of DVA stock, in the hands of institutional investors. The top three institutional holders of DVA stocks are: BERKSHIRE HATHAWAY INC with ownership of 38,565,570, which is approximately 0% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 13,652,940 shares of the stock with an approximate value of $839.0 million in DVA stocks shares; and BLACKROCK INC., currently with $749.0 million in DVA stock with ownership of nearly -1.865% of the company’s market capitalization.
Positions in DaVita Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 171 institutional holders increased their position in DaVita Inc. (NYSE:DVA) by around 17,277,198 shares. Additionally, 234 investors decreased positions by around 14,046,160 shares, while 57 investors held positions by with 121,890,835 shares. The mentioned changes placed institutional holdings at 153,214,193 shares, according to the latest SEC report filing. DVA stock had 42 new institutional investments in for a total of 2,006,589 shares, while 65 institutional investors sold positions of 4,687,344 shares during the same period.