Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Davita Healthcare Partners / Equity Bottom-Up

<ul><li>DaVita, in its first quarter 2024 earnings, was noted for building on the momentum generated through 2023, showcasing operational discipline with continuing opportunities for investment, innovation, and delivering clinical excellence.</li><li>Javier Rodriguez, CEO, shared that the company has managed to keep pace with its strategic goals, notably in supporting kidney transplantation.</li><li>DaVita recently achieved its highest monthly rate with over two-thirds of its patients under the age of 75 being referred for kidney transplant.</li></ul>

DaVita, in its first quarter 2024 earnings, was noted for building on the momentum generated through 2023, showcasing operational discipline with continuing opportunities for investment, innovation, and delivering clinical excellence.Javier Rodriguez, CEO, shared that the company has managed to keep pace with its strategic goals, notably in supporting kidney transplantation.DaVita recently achieved its highest monthly rate with over two-thirds of its patients under the age of 75 being referred for kidney transplant.

DaVita Inc: A Focus On Clinical Excellence & Improving Kidney Transplant Efforts! - Major Drivers

<ul><li>DaVita, a healthcare company specializing in kidney care and dialysis services, highlights its successful performance for the financial year of 2023 due to strengthening investment on the company's platform.</li><li>Notably, despite external challenges, the company experienced significant growth with a 20% year-over-year rise in adjusted operating income, a 28% increase in adjusted EPS, and a return of the leverage ratio back to the target range.</li><li>The company outperformed its annual profitability targets for integrated kidney care and anticipates reaching break-even or better performance by 2026.</li></ul>

DaVita, a healthcare company specializing in kidney care and dialysis services, highlights its successful performance for the financial year of 2023 due to strengthening investment on the company's platform.Notably, despite external challenges, the company experienced significant growth with a 20% year-over-year rise in adjusted operating income, a 28% increase in adjusted EPS, and a return of the leverage ratio back to the target range.The company outperformed its annual profitability targets for integrated kidney care and anticipates reaching break-even or better performance by 2026.

DaVita Inc: 5 Biggest Catalysts Of Their Future Growth! - Financial Forecasts

<ul><li>DaVita Inc. delivered a solid result and managed an all-around beat last quarter.</li><li>Financially, the third quarter saw impressive results, with adjusted operating income reaching $525 million and adjusted earnings per share at $2.85, surpassing expectations.</li><li>Looking ahead, DaVita revises its 2023 adjusted operating income guidance to $1.65 billion to $1.725 billion and adjusted earnings per share to a new range of $7.80 to $8.30.</li></ul>

DaVita Inc. delivered a solid result and managed an all-around beat last quarter.Financially, the third quarter saw impressive results, with adjusted operating income reaching $525 million and adjusted earnings per share at $2.85, surpassing expectations.Looking ahead, DaVita revises its 2023 adjusted operating income guidance to $1.65 billion to $1.725 billion and adjusted earnings per share to a new range of $7.80 to $8.30.

DaVita Inc.: A Balanced Approach to Future Growth! - Major Drivers

<ul><li>DaVita Inc. exceeded analyst expectations in revenue and earnings, with $432 million in adjusted operating revenue and $2.08 in adjusted profits per share.</li><li>These outcomes were driven by advancements in their financial trinity of treatment volume, revenue per treatment, and patient care expenses.</li><li>In this report, we have carried out a fundamental analysis of the historical financial statements of the company.</li></ul>

DaVita Inc. exceeded analyst expectations in revenue and earnings, with $432 million in adjusted operating revenue and $2.08 in adjusted profits per share.These outcomes were driven by advancements in their financial trinity of treatment volume, revenue per treatment, and patient care expenses.In this report, we have carried out a fundamental analysis of the historical financial statements of the company.

DaVita Inc.: Improved Patient Care and Treatment Volumes Driving Growth! - Major Drivers

Global Healthcare Analyst

Tina Banerjee

Fresenius Medical Care  &  / Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/fresenius-medical-care-ag-co" target="_blank" data-smartkarma-citation="entities:21622:1" rel="noopener">Fresenius Medical Care &amp; (FME GR)</a> reported accelerated organic revenue growth of 6% YoY in 2Q23, driven by both operating segments including sequentially stable treatment volumes in the U.S.</li>
<li>Execution on turnaround plan translates into visible productivity improvements in care delivery segment achieving a Q2 margin at the lower end of the 2025 target margin band of 10–14%.</li>
<li>The company now expects 2023 operating income to remain flat or decline by up to a low-single-digit percentage (previous target: remain flat or decline by up to a high-single-digit percentage).</li>
</ul>



Fresenius Medical Care &amp; (FME GR) reported accelerated organic revenue growth of 6% YoY in 2Q23, driven by both operating segments including sequentially stable treatment volumes in the U.S.
Execution on turnaround plan translates into visible productivity improvements in care delivery segment achieving a Q2 margin at the lower end of the 2025 target margin band of 10–14%.
The company now expects 2023 operating income to remain flat or decline by up to a low-single-digit percentage (previous target: remain flat or decline by up to a high-single-digit percentage).


Fresenius Medical Care (FME GR): Improved Guidance on Strong 1H23 Show; Turnaround Plan on Track

United States

DaVita Inc. provides a variety of health care services. The Company provides kidney dialysis services for patients suffering from chronic kidney failure. DaVita serves patients worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Davita Healthcare Partners (DVA US)

DaVita Inc: A Focus On Clinical Excellence & Improving Kidney Transplant Efforts! - Major Drivers

DaVita, in its first quarter 2024 earnings, was noted for building on the momentum generated through 2023, showcasing operational discipline with...

Baptista Research

DaVita Inc: 5 Biggest Catalysts Of Their Future Growth! - Financial Forecasts

DaVita, a healthcare company specializing in kidney care and dialysis services, highlights its successful performance for the financial year of...

Baptista Research

DaVita Inc.: A Balanced Approach to Future Growth! - Major Drivers

DaVita Inc. delivered a solid result and managed an all-around beat last quarter. Financially, the third quarter saw impressive results, with...

Baptista Research

DaVita Inc.: Improved Patient Care and Treatment Volumes Driving Growth! - Major Drivers

DaVita Inc. exceeded analyst expectations in revenue and earnings, with $432 million in adjusted operating revenue and $2.08 in adjusted profits...

Baptista Research

Fresenius Medical Care (FME GR): Improved Guidance on Strong 1H23 Show; Turnaround Plan on Track

Fresenius reports accelerated organic revenue growth of 6% YoY in 2Q23. Turnaround plan leads to improved operating profit. Operating profit is...

Tina Banerjee

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

DaVita Inc: A Focus On Clinical Excellence & Improving Kidney Transplant Efforts! - Major Drivers

DaVita, in its first quarter 2024 earnings, was noted for building on the momentum generated through 2023, showcasing operational discipline with...

Baptista Research

DaVita Inc: 5 Biggest Catalysts Of Their Future Growth! - Financial Forecasts

DaVita, a healthcare company specializing in kidney care and dialysis services, highlights its successful performance for the financial year of...

Baptista Research

DaVita Inc.: A Balanced Approach to Future Growth! - Major Drivers

DaVita Inc. delivered a solid result and managed an all-around beat last quarter. Financially, the third quarter saw impressive results, with...

Baptista Research

DaVita Inc.: Improved Patient Care and Treatment Volumes Driving Growth! - Major Drivers

DaVita Inc. exceeded analyst expectations in revenue and earnings, with $432 million in adjusted operating revenue and $2.08 in adjusted profits...

Baptista Research

Fresenius Medical Care (FME GR): Improved Guidance on Strong 1H23 Show; Turnaround Plan on Track

​Fresenius reports accelerated organic revenue growth of 6% YoY in 2Q23. Turnaround plan leads to improved operating profit. Operating profit is...

Tina Banerjee

Fresenius reports accelerated organic revenue growth of 6% YoY in 2Q23. Turnaround plan leads to improved operating profit. Operating profit is...