HCA Healthcare, Inc. HCA Stock Analysis

HCA Healthcare, Inc. stock trades under the ticker HCA & has shown recent bullishness that traders & investors should research further into.

HCA stock closed at $254.38/share on 3/16/2023.

HCA Healthcare, Inc. HCA Stock’s Technical Performance Broken Down

HCA Healthcare, Inc. HCA Stock's Technical Performance Over The Past Year
HCA Healthcare, Inc. HCA Stock’s Technical Performance Over The Past Year

HCA Stock Price: $254.38

10 Day Moving Average: $249.14

50 Day Moving Average: $253.18

200 Day Moving Average: $218.65

RSI: 54.68

MACD: -0.915

Yesterday, HCA stock completed a bullish MACD crossover, gaining +3.04% on the day’s session.

Recent trading volumes have been about average compared to the year prior & their RSI is neutral, after they’ve spent much of March in a consolidation range.

HCA stock has support at the $253.18 (50 day moving average), $250.60 & $249.14/share price levels, as they look to try to break out & above their $256.67, $263.46 & $263.98/share price level.

HCA Healthcare, Inc. HCA Stock As A Long-Term Investment

Long-term oriented investors will like HCA stock’s 13.15 P/E (ttm).

They recently reported 2.9% Quarterly Revenue Growth Y-o-Y, with 14.7% Quarterly Earnings Growth Y-o-Y.

Their balance sheet will require a more thorough examination before investing, with $1B of Total Cash (mrq) & $40.2B of Total Debt (mrq).

HCA stock pays a modest 0.9% dividend, which appears to be sustainable in the long-run, as their payout ratio is 11.7%.

66.1% of HCA stock’s outstanding share float is owned by institutional investors.

HCA Healthcare, Inc. HCA Stock As A Short-Term Trade Using Options

Investors with shorter time horizons can trade options to profit from HCA stock’s price movements, while protecting their portfolio from volatility.

I am looking at the contracts with the 4/21 expiration date.

The $250, $240 & $245 call options are all in-the-money, listed from highest to lowest level of open interest.

The $260, $255 & $265 puts are also all in-the-money, with the former strike being more liquid than the latter two.

Tying It All Together

HCA stock has many interesting attributes that traders & investors are sure to find appealing.

Investors will like their P/E (ttm) & modest, but sustainable dividend yield.

Traders will like their recent technical performance & liquid options.

Overall, it is worth taking a closer look into HCA stock to see how it fits into your portfolio strategy.


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