DaVita Inc (NYSE: DVA) has reported E.P.S. of $2.56 for its third fiscal quarter (ending September 30) versus $2.70 for the same period a year ago — a decline of -5%. For the latest four quarters through September 30, E.P.S. were $9.53 versus $6.56 for the same period a year ago — an increase of 45%.
Recent Price Action
DaVita Inc (NYSE: DVA) stock rose modestly by 0.8% on 10/29/24. The stock closed at $158.31. Moreover, unusually high trading volume at 180% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DVA is expected to continue to be a major Value Builder.
DaVita has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. DaVita has a neutral Appreciation Score of 58 but a very high Power Rating of 85, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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