Get started

HCA

HCA - Is Healthcare Worth Considering Now? Given that we are coming out of pandemic now and the pressure on hospitals is going to reduce is it worth picking up hospital operator for a potential 30% upside? Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years. However, increasing wages are eating into the profits Profit margin - low margin with 8.7% in 2021 P/E - very attractive 9.9x ratio compared to 22x for the whole market Liabilities - historically liabilities are on the level with assets, and debt to shareholder equity is negative Technical Analysis (Elliott Waves): Since March 2020 crash HCA has enjoyed a good rally peaking in April 2022 The sharp drop from the historic high is indicating that there was an Expanded Flat correction formed with an impulse in wave C Since then there was a zigzag like movement to the upside which indicates that an Ending Diagonal is potentially forming. However, at this stage it is difficult to predict how the waves are going to develop at this stage If the proposed scenario is correct we can expect waves 3 and 5 also formed by zigzags and correction in wave 4 intruding into the territory of wave 1 Let's see how it develops further. What do you think about this scenario for HCA Healthcare Inc ? Please share your thoughts in the comments and like this idea if you agree wit it. Also let me know if you would like to see other stocks analysed using Elliott Waves. Thanks
NYSE:HCALong
by vitalalyt
Post 10/22 Q3 FY21' Earnings Analysis$AXP, $SAM, $HCA, $RF, $HON, $SLB All major averages finished last week in the green to post a third straight week of gains - Dow closing at an ATH - Big name earnings reports continue to drive markets $AXP - American Express - reported Q3 FY21' earnings of $2.27/share - beat estimates by 27.5%, bottom line increased 74.6% YoY - driven by growing revenues & strong segmental performances - partly offset by increasing costs $SAM - Boston Beer - reported Q3 FY21' earnings of $2.97/share - missing estimates of $4.04 per share - compares to earnings of $6.10 per share a year ago - this quarterly report represents an earnings surprise of (26.49%) A quarter ago, it was expected that this brewer would post earnings of $7 per share when it actually produced earnings of $4.72 - delivering a surprise of (32.57%) - over the last four quarters the company has beat EPS estimates just once $HCA - HCA Healthcare - reported Q3 FY21' earnings of $4.57/share - beat estimates of $4.10/share - compares to earnings of $1.92 per share a year ago - this quarterly report represents earnings surprise of 11.46% $RF - Regions Financial - reported Q3 FY21' earnings of $0.66/share - beat estimates of $0.53/share - the bottom line compares favorably with the prior-year quarter’s $0.49 - results were driven by a strong capital position, & a rise in deposit balances provided some respite - benefit from credit losses was a tailwind - lower revenues & rising expenses were major drags $HON - Honeywell International - earnings were $2.02/share - beat estimates of $2.01/share - bottom line soared 29.5% YoY - revenues were $8,473 million - missing the consensus estimate of $8,708M - top line increased 9% YoYr on a reported basis - rise was driven by strength in warehouse & workflow solutions, productivity solutions & services, & gas analysis businesses along with strong demand for building products as well as process solutions services and thermal solutions - also supported by a recovery in commercial aftermarket demand & solid growth in business & general aviation original equipment demand $SLB - Schlumberger - announced Q3 FY21' earnings of $0.36/share - in line with estimates - bottom line increased significantly from the year-ago quarter’s profit of $0.16 - total revenues of $5,847M - missed estimates of $5,940M but improved 11% from the year-ago quarter’s $5,258M - earnings were aided by a surge in stimulation activity in Argentina, stronger North American rig activity along with ramped up drilling operations at offshore & onshore international resources - this was offset by lower contributions related to Digital & Integration from Europe/Africa
SP:SPX
by jnallain1
HCA Daily Range PlayHCA is giving us some simple stops and profit taking levels. We're nearing a resistance at ~145, which is followed by another at 147. Giving us a clear line to short with an easy stop to place. Coming down, we have 3 major support levels we have to pass/hit. The POC, 119 and lastly 116. A potential play would be shorting until the POC, exiting and securing profits. Watching for a break on the POC, re-enter and set your stop above the POC and ride it to the next support level. Obviously holding and riding through POC will yield greater profit, but comes with a risk of a bounce back to resistance.
NYSE:HCAShort
by TsiTheisen