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Stocks on the Move: DaVita Inc. (NYSE:DVA) & Western Digital Corporation (NASDAQ:WDC)

DaVita Inc. (NYSE:DVA)

DaVita Inc. is the parent company of DaVita Kidney Care and HealthCare Partners. DaVita Kidney Care is a provider of kidney care, delivering dialysis services for chronic kidney failure and end stage renal disease primarily in the United States. HealthCare Partners manages and operates medical groups and affiliated physician networks primarily in California, Nevada, New Mexico, Florida, Colorado and Washington. DaVita Inc., formerly known as DaVita HealthCare Partners Inc., is headquartered in Denver, Colorado.

DaVita Inc. (NYSE:DVA)’s Financial Overview

DaVita Inc. (NYSE) surged 2.45% yesterday to close its trading session at $57.36. The company has 1 year Price Target of $68.7. DaVita Inc. has 52-Week high of $79.11 and 52-Week Low of $48.25. The stock touched its 52-Week High on 79.11 and 52-Week Low on 48.25. The stock traded with the volume of 2.43 Million shares yesterday. The firm shows the market capitalization of $9.67 Billion.

DaVita Inc. (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.56/share against the analyst consensus estimate of $0.87/share. The difference between the actual and expected EPS is $-0.31 a share with a surprise factor of -35.6%.

The firm is trading with SMA20 of 1.43 Percent, SMA50 of 1.71 Percent and SMA200 of -12.99 percent. DaVita Inc. has P/S value of 0.85 while its P/B value stands at 2.5. Similarly, the company has Return on Assets of 0 percent, Return on Equity of 0 percent and Return on Investment of 8.8 Percent. The company shows Gross Margin and Operating Margin of 28.6 percent and 0 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 11 analysts offering 12-month price forecasts for Davita Inc have a median target of 68.00, with a high estimate of 90.00 and a low estimate of 59.00. The median estimate represents a +18.55% increase from the last price of 57.36.

DaVita Inc. is expected* to report earnings on 02/13/2019 after market close. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.89. The reported EPS for the same quarter last year was $0.92.

Western Digital Corporation (NASDAQ:WDC)

Western Digital Corporation addresses ever-changing market needs by providing a full portfolio of compelling, high-quality storage solutions with customer-focused innovation, high efficiency, flexibility and speed. Its products are marketed under the HGST, SanDisk and WD brands to OEMs, distributors, resellers, cloud infrastructure providers and consumers. Western Digital’s SanDisk Industrial and SanDisk Automotive card storage solutions provide superior endurance and reliability for commercial surveillance, intensive Industrial Internet of Things applications and connected automotive applications under extreme ambient temperatures. It also expanded its data center SSD and hard disk drives (HDD) portfolio with the introduction of next-generation storage solutions designed to help IT managers address the intensive data and extreme performance demands of today’s enterprise, cloud and hyperscale workloads. The Company’s devices and solutions are made using either rotating magnetic or NAND-flash technologies..

Western Digital Corporation (NASDAQ:WDC)’s Financial Outlook

The 22 analysts offering 12-month price forecasts for Western Digital Corp have a median target of 47.50, with a high estimate of 126.00 and a low estimate of 30.00. The median estimate represents a +0.51% increase from the last price of 47.26.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Western Digital Corporation has a Consensus Recommendation of 2.47. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 2.9% and closed its last trading session at $47.26. The company has the market capitalization of $13.71 Billion. The stock has 52-week high of $106.96 and 52-Week low of $33.83. The firm touched its 52-Week high on 106.96 and 52-Week low on 33.83. The company has volume of 4.63 Million shares. The company has a total of 290 Million shares outstanding.

Western Digital Corporation (NASDAQ) in the last quarter reported its actual EPS of $1.45/share where the analyst estimated EPS was $1.51/share. The difference between the actual and Estimated EPS is $-0.06. This shows a surprise factor of -4 percent.

The company has YTD performance of 27.83 percent. Beta for Western Digital Corporation stands at 1.47 while its ATR (average true range) is 2.17. The company has Weekly Volatility of 3.85%% and Monthly Volatility of 5.05%%.

Western Digital Corporation has distance from 20-day Simple Moving Average (SMA20) of 10.96%, Distance from 50-Day Simple Moving Average of 15.55 percent and Distance from 200-Day Simple Moving Average of -21.94%.

The Company currently has ROA (Return on Assets) of 2.9 percent, Return on Equity (ROE) of 7.5 Percent and Return on Investment (ROI) of 16.4% with Gross margin of 33.5 percent and Operating & Profit margin of 13.5% and 4.3% respectively.