Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Davita Inc before investing.

In this article, we go over a few key elements for understanding Davita Inc’s stock price such as:

• Davita Inc’s current stock price and volume
• Why Davita Inc’s stock price changed recently
• Upgrades and downgrades for DVA from analysts
• DVA’s stock price momentum as measured by its relative strength

About Davita Inc (DVA)

Before we jump into Davita Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

DaVita Inc. is a healthcare provider focused on transforming care delivery to improve the quality of life for patients globally. The Company is a provider of kidney care services in the United States. Its United States dialysis and related lab services (U.S. dialysis) business treats patients with chronic kidney failure, end-stage kidney disease (ESKD). The Company’s robust platform delivers kidney care services and also includes established nephrology and payor relationships. The Company’s international operations provide dialysis and administrative services to a total of outpatient dialysis centers. The Company’s U.S. integrated kidney care (IKC) business provides integrated care and disease management services to patients in risk-based integrated care arrangements and to additional patients in other integrated care arrangements across the United States. It also maintains a few other ancillary services and investments outside its U.S. dialysis, U.S. IKC, or international operations.

Want to learn more about Davita Inc’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Davita Inc.

Davita Inc’s Stock Price as of Market Close

As of May 24, 2024, 4:00 PM, CST, Davita Inc’s stock price was $138.54.

Davita Inc is up 4.76% from its previous closing price of $132.25.

During the last market session, Davita Inc’s stock traded between $131.44 and $134.65. Currently, there are 87.78 million shares of Davita Inc stock available for purchase.

Davita Inc’s price-earnings (P/E) ratio is currently at 15.0, which is low compared to the Healthcare Facilities & Services industry median of 24.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Davita Inc Stock Price History

Davita Inc’s (DVA) price is currently down 0.34% so far this month.

During the month of May, Davita Inc’s stock price has reached a high of $145.04 and a low of $131.27.

Over the last year, Davita Inc has hit prices as high as $145.04 and as low as $71.51. Year to date, Davita Inc’s stock is up 85.54%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Davita Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 23, 2024, there were 2 analysts who downgraded Davita Inc’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Davita Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Davita Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Davita Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Davita Inc (DVA) by visiting AAII Stock Evaluator.

Relative Price Strength of Davita Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 23, 2024, Davita Inc has a weighted four-quarter relative price strength of 1.95%, which translates to a Momentum Score of 73 and is considered to be Strong.

Want to learn more about how Davita Inc is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Davita Inc Stock Price: Bottom Line

As of May 24, 2024, Davita Inc’s stock price is $138.54, which is up 4.76% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Davita Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.