HCA Healthcare: Demand Recovery And Widening Margins Turns Stock Attractive (Upgrade)

May 31, 2024 11:55 AM ETHCA Healthcare, Inc. (HCA) StockHCA
Seeking Profits
4.42K Followers

Summary

  • HCA Healthcare's stock has performed well, rising 26% in the past year, and with more confidence in the outlook, I am returning to a "buy" rating.
  • The company's Q1 results showed strong revenue growth and rising demand, leading to a healthy margin environment.
  • HCA is benefiting from a better payer mix, cost control measures, and accelerating hospital pricing, which is exceeding expectations and should persist into 2025.

HCA Houston Healthcare building in Pearland, Texas, USA.

JHVEPhoto/iStock Editorial via Getty Images

Shares of HCA Healthcare (NYSE:HCA) have been a solid performer over the past year, rising about 26% as margins have recovered from COVID-related pressures and headwinds from a poor acquisition have faded. I last covered HCA

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