In a report released today, David S Macdonald from Truist Financial maintained a Hold rating on DaVita (DVA – Research Report), with a price target of $150.00. The company’s shares closed yesterday at $137.01.
According to TipRanks, S Macdonald is a 5-star analyst with an average return of 13.1% and a 64.58% success rate. S Macdonald covers the Healthcare sector, focusing on stocks such as Radnet, Cigna, and Option Care Health.
Currently, the analyst consensus on DaVita is a Hold with an average price target of $142.00, representing a 3.64% upside. In a report released on May 6, Barclays also maintained a Hold rating on the stock with a $150.00 price target.
Based on DaVita’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.15 billion and a net profit of $150.67 million. In comparison, last year the company earned a revenue of $2.92 billion and had a net profit of $68.1 million
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is neutral on the stock.
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DaVita (DVA) Company Description:
DaVita, Inc. engages in the provision of medical care services. It operates through the following two segments: US Dialysis and Related Lab Services; and Other-Ancillary Services and Strategic Initiatives. The US Dialysis and Related Lab Services segment offers kidney dialysis services in the United States for patients suffering from chronic kidney failure. The Other-Ancillary Services and Strategic Initiatives segment consist primarily of pharmacy services, disease management services, vascular access services, clinical research programs, physician services, direct primary care, end stage renal disease seamless care organizations, and comprehensive care. The company was founded in 1994 and is headquartered in Denver, CO.
