At the last check on Friday, DaVita Inc.’s (NYSE:DVA) stock was up $7.34, moving up 7.23 percent to $108.90. The average number of shares traded per day over the past five days has been 558,180 shares. 5 times new highs have been achieved over the past 5 days, with a $7.90 gain in that time frame. In the last twenty days, the average volume was 528,065, while in the previous 50 days, it was 568,806.
Since last month, DVA stock rose 6.83%. Shares of the company fell to $99.72 on 07/28/23, the lowest level in the past month. A 52-week high of $106.96 was reached on 08/04/23 after having rallying from a 52-week low of $65.28. Since the beginning of this year, DVA’s stock price has risen by 45.85% or $34.27, and marked a new high 19 times. However, the stock has increased by 1.82% since its 52-week high.
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DVA stock investors should be aware that DaVita Inc. (DVA) stock had its last reported insider trading activity 84 days ago on May 12. YALE PHYLLIS R, the Director of the company, disposed of 2,196 shares for $95.26 on May 12. It resulted in a $209,195 divestment by the insider. Rodriguez Javier sold 16,916 shares at an average price of $99.44 on May 10. The insider now owns 315,622 shares following the transaction. On May 10, Chief Legal & Pub. Affairs Off Waters Kathleen Alyce sold 15,941 shares at $99.24 apiece. The transaction was valued at $1,581,990.
Valuation Metrics
Right now, DaVita Inc. (DVA) has a P/E ratio of about 20.65. The stock’s beta is 0.94. Besides these, the trailing price-to-sales (P/S) ratio of 0.84, the price-to-book (PB) ratio of 11.94, and the price-to-cash flow ratio of 9.08 may also be considered.
Financial Health
In the three months ended June 29, DaVita Inc.’s quick ratio stood at 1.10, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 10.20, and the total debt-to-equity ratio was 10.49. On the profitability front, the trailing twelve-month gross margin is 29.30% percent. In the year ended June 29, EBITDA margin amounted to 17.62%, whereas operating margins totaled 11.30%. Based on annual data, DVA earned $3.4 billion in gross profit and brought in $11.61 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.80%. Return on equity (ROE) for the past 12 months was 76.80%.
In DaVita Inc.’s quarter-end financial report for June 29, it reported total debt of $8.6 billion against cash and short-term investments of $12.48 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. DVA’s revenue rose 2.45% to $2.87 billion during the quarter, while net income inched up to $3.0 billion. While analysts expected DaVita Inc. to report $1.69 quarterly earnings, the actual figure was $1.91 per share, beating the consensus estimate by 13.00%. During the quarter, the company generated $489.72 million in EBITDA. The liabilities of DaVita Inc. were 15.71 billion at the end of its most recent quarter ended June 29, and its total debt was $11.51 billion. The value of shareholders’ equity is $90.7 million.
Technical Picture
This quick technical analysis looks at DaVita Inc.’s (DVA) price momentum. With a historical volatility rate of 37.66%, the RSI 9-day stood at 73.38% on 03 August.
With respect to its five-day moving average, the current DaVita Inc. price is up by +7.82% percent or $7.90. At present, DVA shares trade +4.86% above its 20-day simple moving average and +45.14% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.38% above its SMA50 and +21.21% above its SMA200.
Stochastic coefficient K was 50.05% and Stochastic coefficient D was 38.06%, while ATR was 2.56. Given the Stochastic reading of 93.75% for the 14-day period, the RSI (14) reading has been calculated as 68.40%. As of today, the MACD Oscillator reading stands at 1.70, while the 14-day reading stands at 1.06.
Analyst Ratings
DaVita Inc. downgraded its rating on DaVita Inc. (NYSE: DVA) to a Hold in a note to investors on November 01, 2022. The analysts firm previously had a Buy rating on the stock.DaVita Inc. (DVA) has been rated Hold by analysts. According to 0 brokerage firms, DVA is a sell, and 8 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate DaVita Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $107.00, the current consensus forecast for the stock is $98.00 – $115.00. Based on these forecasts, analysts predict DaVita Inc. (DVA) will achieve an average price target of $106.00.
