DaVita Inc. Q3 2024 Earnings Call Transcript
| DVA Stock | USD 152.82 3.00 2.00% |
About 55% of DaVita HealthCare's investors are presently thinking to get in. The analysis of the overall prospects from investing in DaVita HealthCare Partners suggests that some traders are, at the present time, interested. The current market sentiment, together with DaVita HealthCare's historical and current headlines, can help investors time the market. In addition, many technical investors use DaVita HealthCare stock news signals to limit their universe of possible portfolio assets.
DaVita |
Operator Good evening. My name is Michelle and I will be your conference facilitator today. At this time, I would like to welcome everyone to the DaVita Third Quarter 2024 Earnings Call.
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DaVita HealthCare Fundamental Analysis
We analyze DaVita HealthCare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DaVita HealthCare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DaVita HealthCare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
DaVita HealthCare is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
DaVita HealthCare Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DaVita HealthCare stock to make a market-neutral strategy. Peer analysis of DaVita HealthCare could also be used in its relative valuation, which is a method of valuing DaVita HealthCare by comparing valuation metrics with similar companies.
Peers
DaVita HealthCare Related Equities
| ACHC | Acadia Healthcare | 8.71 | ||||
| OPCH | Option Care | 3.83 | ||||
| AMN | AMN Healthcare | 3.71 | ||||
| CYH | Community Health | 2.68 | ||||
| FSNUY | Fresenius | 0.46 | ||||
| AMED | Amedisys | 0.42 | ||||
| USPH | US Physicalrapy | 0.34 | ||||
| ENSG | Ensign | 0.28 | ||||
| HCA | HCA Holdings | 0.35 | ||||
| UHS | Universal Health | 0.43 | ||||
| EHC | Encompass Health | 0.73 | ||||
| SGRY | Surgery Partners | 0.99 | ||||
| THC | Tenet Healthcare | 2.05 |
Complementary Tools for DaVita Stock analysis
When running DaVita HealthCare's price analysis, check to measure DaVita HealthCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DaVita HealthCare is operating at the current time. Most of DaVita HealthCare's value examination focuses on studying past and present price action to predict the probability of DaVita HealthCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DaVita HealthCare's price. Additionally, you may evaluate how the addition of DaVita HealthCare to your portfolios can decrease your overall portfolio volatility.
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