Yahoo Finance Why HCA Healthcare (HCA) is a Top Growth Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
HCA Healthcare (HCA)
Effective May 8, 2017, the company’s name was changed to HCA Healthcare, Inc. from HCA Holdings, Inc. It is the largest non-governmental operator of acute care hospitals in the US. Headquartered in Nashville, TN, it operates hospitals and related health care entities.
HCA boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 8.3% year-over-year for 2024, while Wall Street anticipates its top line to improve by 6.3%.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.21 to $20.58 per share. HCA also boasts an average earnings surprise of 9.8%.
Looking at cash flow, HCA Healthcare is expected to report cash flow growth of 4.9% this year; HCA has generated cash flow growth of 7.7% over the past three to five years.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, HCA should be on investors' short lists.
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HCA Healthcare, Inc. (HCA) : Free Stock Analysis Report
