Menu

DaVita: Improved Volumes And Tech In Focus (Rating Upgrade)
📰
0

DaVita: Improved Volumes And Tech In Focus (Rating Upgrade)

Seeking Alpha·Mike Zaccardi, CFA, CMT·28 days ago
#7OkspLiZ
#source#chevron#alpha#seeking#stock#investors
Reading 0:00
15s threshold

Home Earnings Analysis Healthcare  Summary DaVita Inc. is upgraded to a Buy following robust Q1 results and a 23% post-earnings stock surge. DVA's Q1 non-GAAP EPS of $2.87 beat consensus, with revenue up 6% year-over-year and management raising guidance. Mid-teens EPS growth is expected through 2026, with a 10%+ FCF yield and a modest P/E ratio supporting valuation. Technical momentum is strong, but DVA investors should monitor potential resistance in the low $200s and key upcoming events. JHVEPhoto/iStock Editorial via Getty Images DaVita Inc. ( DVA ) reported strong Q1 numbers on Wednesday, May 6. Shares soared 23% in the session that followed, making it the second-best S&P 500 ( SP500 ) performer on a Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More