DaVita Inc (NYSE:DVA) saw a downside of -3.57% to close Friday at $98.71 after subtracting -$3.65 on the day. The 5-day average trading volume is 713,360 shares of the company’s common stock. It has gained $104.16 in the past week and touched a new high 4 times within the past 5 days. An average of 793,080 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 704,704.
DVA’s 1-month performance is -3.28% or -$2.95 on its low of $94.70 reached on 09/07/23. The company’s shares have touched a 52-week low of $65.28 and high of $116.97, with the stock’s rally to the 52-week high happening on 08/07/23. YTD, DVA has achieved 32.19% or $24.04 and has reached a new high 20 times. However, the current price is down -15.61% from the 52-week high price.
Insider Transactions
DVA stock investors last saw insider trading activity on Aug 22.Waters Kathleen Alyce (Chief Legal & Pub. Affairs Off) most recently sold 9,794 shares at $101.81 per share on Aug 22. This transaction cost the insider $997,099. Director, YALE PHYLLIS R, sold 2,196 shares at a price of $95.26 on May 12. Then, on May 10, Chief Executive Officer Rodriguez Javier sold 16,916 shares at a price of $99.44 per share. This transaction amounted to $1,682,089.
Valuation Metrics
DVA stock has a beta of 0.93. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.77 while the price-to-book (PB) in the most recent quarter is 8.85, with the price to cash flow ratio at 6.62.
DaVita Inc’s quick ratio for the period ended June 29 was 1.20, with the current ratio over the same period at 1.25. As well, the company’s long term debt to equity for the quarter ending June 29 was 10.79, while the total debt to equity was 11.28. In terms of profitability, the gross margin trailing 12 months is 23.00%. The trailing 12-month EBITDA margin is 17.62% while for the period ending June 29, DaVita Inc’s operating margin was 10.73%. The firm’s gross profit as reported stood at $3.4 billion against revenue of $11.61 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -25.81% to $178.69 million, while revenue of $115.55 million was 35.33% off the previous quarter. Analysts expected DVA to announce $1.69 per share in earnings in its latest quarter, but it posted $1.91, representing a 13.00% surprise. EBITDA for the quarter stood at more than $588.96 million. DVA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 15.75 billion, with total debt at $11.48 billion. Shareholders hold equity totaling $91.3 million.
Let’s look briefly at DaVita Inc (DVA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 44.68% to suggest the stock is trending Neutral, with historical volatility in this time period at 35.99%.
The stock’s 5-day moving average is $101.23, reflecting a +0.39% or $0.38 change from its current price. DVA is currently trading -2.32% above its 20-day SMA, +9.20% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -4.41% and SMA200 by+34.39%.
Stochastic %K and %D was 72.29% and 77.23% and the average true range (ATR) pointed at 3.12. The RSI (14) points at 45.63%, while the 14-day stochastic is at 42.39% with the period’s ATR at 2.99. The stock’s 9-day MACD Oscillator is pointing at 1.34 and 2.62 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for DaVita Inc (NYSE: DVA), UBS upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for DVA stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate DVA as a “sell,”, while 5 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is DVA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $107.00 and a high of $142.00, with their median price target at $113.00. Looking at these predictions, the average price target given by analysts is for DaVita Inc (DVA) stock is $117.80.
