On 10/30/24, DaVita Inc (NYSE: DVA) stock suffered a major decline of -10.8%, closing at $141.22. Moreover, trading volume in this decline was exceptionally high at 435% of normal. The stock has declined -13.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
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, leading to the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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