DaVita Inc. (NYSE:DVA) Receives $130.50 Consensus PT from Analysts

Shares of DaVita Inc. (NYSE:DVAGet Rating) have earned an average recommendation of “Hold” from the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $130.50.

A number of research firms have issued reports on DVA. Truist Financial reduced their target price on shares of DaVita from $125.00 to $110.00 in a research note on Friday, May 6th. StockNews.com downgraded DaVita from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 5th.

Several institutional investors have recently modified their holdings of the company. Johnson Financial Group Inc. acquired a new stake in DaVita during the fourth quarter valued at $27,000. CI Investments Inc. acquired a new stake in shares of DaVita in the third quarter worth about $34,000. Parkside Financial Bank & Trust lifted its position in shares of DaVita by 88.6% in the first quarter. Parkside Financial Bank & Trust now owns 313 shares of the company’s stock worth $35,000 after buying an additional 147 shares during the last quarter. CWM LLC lifted its position in shares of DaVita by 154.1% in the first quarter. CWM LLC now owns 432 shares of the company’s stock worth $49,000 after buying an additional 262 shares during the last quarter. Finally, Monolith Advisors acquired a new stake in shares of DaVita in the fourth quarter worth about $51,000. 87.47% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE DVA traded down $2.18 during midday trading on Friday, hitting $97.72. The company’s stock had a trading volume of 11,826 shares, compared to its average volume of 680,126. DaVita has a 1-year low of $94.38 and a 1-year high of $136.48. The firm’s fifty day moving average price is $112.40 and its 200-day moving average price is $110.04. The company has a debt-to-equity ratio of 8.53, a quick ratio of 1.25 and a current ratio of 1.29. The firm has a market cap of $9.24 billion, a P/E ratio of 11.89, a P/E/G ratio of 1.22 and a beta of 1.13.

DaVita (NYSE:DVAGet Rating) last posted its quarterly earnings results on Thursday, May 5th. The company reported $1.61 EPS for the quarter, missing the consensus estimate of $1.85 by ($0.24). DaVita had a net margin of 7.78% and a return on equity of 78.24%. The business had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.89 billion. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the firm posted $2.09 earnings per share. As a group, research analysts predict that DaVita will post 7.79 earnings per share for the current fiscal year.

About DaVita (Get Rating)

DaVita Inc provides kidney dialysis services for patients suffering from chronic kidney failure. The company operates kidney dialysis centers and provides related lab services in outpatient dialysis centers. It also provides outpatient, hospital inpatient, and home-based hemodialysis services; owns clinical laboratories that provide routine laboratory tests for dialysis and other physician-prescribed laboratory tests for ESRD patients; and management and administrative services to outpatient dialysis centers.

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Analyst Recommendations for DaVita (NYSE:DVA)

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