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Why HCA Healthcare (HCA) is a Top Value Stock for the Long-Term

Zacks Equity Research
·2 min read

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why Investors Should Pay Attention to This Value Stock

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.

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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 Value Style Score of A and VGM Score of A, and holds a Zacks Rank #1 (Strong Buy) rating. Shares of HCA Healthcare are trading at a forward earnings multiple of 16.2X, as well as a PEG Ratio of 1.7, a Price/Cash Flow ratio of 10.6X, and a Price/Sales ratio of 1.4X.

A company's earnings performance is important for value investors as well. For fiscal 2024, 10 analysts revised their earnings estimate higher in the last 60 days for HCA, while the Zacks Consensus Estimate has increased $0.95 to $20.49 per share. HCA also holds an average earnings surprise of 9.8%.

Investors should take the time to consider HCA for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

HCA Healthcare, Inc. (HCA) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research