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Mon, December 2, 2024

How Is HCA Healthcare's Stock Performance Compared to Healthcare Provider Stocks?


Published on 2024-12-02 11:31:22 - Thomas Matters, WOPRAI
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  • HCA Healthcare, Inc. (HCA), a leading player in the healthcare industry, was founded in 1968 and is headquartered in Nashville, Tennessee. With a market cap of $82.9 billion, HCA operates one of the largest networks of healthcare facilities in the U.

The article from MSN Money discusses the stock performance of HCA Healthcare Inc. in comparison to other healthcare provider stocks. HCA Healthcare has shown a year-to-date increase of about 21.5%, which is significantly higher than the average performance of stocks within the Medical - Hospital industry, which saw a slight decline of 0.3%. Over the past six months, HCA's stock has risen by 13.5%, while the industry average dropped by 1.5%. This performance places HCA Healthcare in a favorable position within its sector. The article also mentions that HCA Healthcare is currently trading at a price-to-earnings ratio of 16.5, which is lower than the industry average of 21.2, suggesting that HCA might be undervalued compared to its peers. Additionally, the article provides insights into HCA's earnings growth, with a projected EPS growth of 7.8% for the current year, which is below the industry average of 12.6%. Overall, HCA Healthcare's stock has outperformed its competitors, indicating strong market confidence in its business model and future prospects.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/how-is-hca-healthcare-s-stock-performance-compared-to-healthcare-provider-stocks/ar-AA1v7KyF ]
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