Trade Report: The HCA Holdings Inc. (HCA) to Post FY2016 Earnings of $6.75 Per Share, Jefferies Group Forecasts

The HCA Holdings Inc. (HCA) to Post FY2016 Earnings of $6.75 Per Share, Jefferies Group Forecasts

HCA Holdings Inc. (NYSE:HCA) – Jefferies Group boosted their FY2016 earnings per share (EPS) estimates for HCA Holdings in a report issued on Thursday. Jefferies Group analyst B. Tanquilut now forecasts that the brokerage will post earnings of $6.75 per share for the year, up from their prior estimate of $6.69. Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for HCA Holdings’ Q4 2016 earnings at $1.77 EPS and FY2017 earnings at $7.25 EPS.

Other equities research analysts have also issued research reports about the company. Mizuho reissued a “buy” rating and set a $97.00 target price (down previously from $102.00) on shares of HCA Holdings in a research report on Friday, July 29th. Credit Suisse Group AG reaffirmed a “buy” rating and set a $87.00 price target on shares of HCA Holdings in a research report on Friday, July 29th. Zacks Investment Research raised HCA Holdings from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a research report on Tuesday, July 5th. Finally, Evercore ISI began coverage on HCA Holdings in a research report on Thursday, September 22nd. They set a “hold” rating and a $89.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $87.80.

HCA Holdings (NYSE:HCA) opened at 77.31 on Monday. The stock’s 50 day moving average price is $77.17 and its 200-day moving average price is $77.79. HCA Holdings has a 12 month low of $60.07 and a 12 month high of $83.69. The stock has a market cap of $30.12 billion, a price-to-earnings ratio of 12.24 and a beta of 0.89.

HCA Holdings (NYSE:HCA) last announced its earnings results on Thursday, October 27th. The company reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.19. HCA Holdings had a negative return on equity of 43.65% and a net margin of 6.10%. The firm had revenue of $10.27 billion for the quarter, compared to analyst estimates of $10.41 billion. During the same quarter last year, the firm posted $1.17 EPS. The business’s revenue was up 4.2% on a year-over-year basis.

Hedge funds have recently bought and sold shares of the company. Magnetar Financial LLC increased its stake in shares of HCA Holdings by 4,458.6% in the first quarter. Magnetar Financial LLC now owns 278,484 shares of the company’s stock valued at $21,736,000 after buying an additional 272,375 shares in the last quarter. Bellevue Group AG bought a new stake in shares of HCA Holdings during the first quarter valued at about $4,683,000. A.R.T. Advisors LLC increased its stake in shares of HCA Holdings by 1,231.2% in the first quarter. A.R.T. Advisors LLC now owns 58,278 shares of the company’s stock valued at $4,548,000 after buying an additional 53,900 shares in the last quarter. Clark Capital Management Group Inc. bought a new stake in shares of HCA Holdings during the first quarter valued at about $3,115,000. Finally, EFG Asset Management Americas Corp. increased its stake in shares of HCA Holdings by 3.7% in the first quarter. EFG Asset Management Americas Corp. now owns 31,523 shares of the company’s stock valued at $2,460,000 after buying an additional 1,120 shares in the last quarter. Institutional investors own 72.98% of the company’s stock.

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