Market Movers

DaVita Inc.’s Stock Price Skyrockets to $134.65, Experiencing a Robust 7.09% Uptick

DaVita Inc. (DVA)

134.65 USD +8.92 (+7.09%) Volume: 1.99M

DaVita Inc.’s stock price is currently standing strong at 134.65 USD, marking a significant trading session increase of +7.09%. The company’s shares have witnessed a trading volume of 1.99M, reflecting its robust market presence. Showcasing a remarkable YTD growth of +28.37%, DVA’s stock performance continues to attract investor attention.


Latest developments on DaVita Inc.

DaVita Inc. (NYSE:DVA), a leading dialysis provider, is experiencing significant stock price movements following strategic expansion plans in Latin America. The company recently entered into an agreement to broaden its operations in Brazil and Colombia and penetrate new markets in Chile and Ecuador. This expansion, marked by a $300M acquisition, positions DaVita as the top dialysis provider in Latin America, causing shares to hit an all-time high. The company’s stock has also soared due to the unlikely threat of a weight-loss drug undermining dialysis. Furthermore, DaVita’s stock continues to outperform competitors despite market losses.


A look at DaVita Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

DaVita Inc. is a company that offers healthcare services to patients all over the world. They specialize in providing dialysis treatments to people who have chronic kidney failure. The company has been evaluated using Smartkarma Smart Scores, which assess various factors such as value, dividend, growth, resilience, and momentum. According to these scores, DaVita received a value score of 2, dividend score of 1, growth score of 4, resilience score of 2, and momentum score of 5.

Based on the Smartkarma Smart Scores, DaVita has a positive long-term outlook. The company scored high in the growth and momentum categories, indicating that it is performing well and has potential for future growth. However, DaVita received lower scores in the value and resilience categories, suggesting that there may be some room for improvement in these areas. Overall, DaVita’s scores show that it is a strong and promising company, but there may be some areas that need attention for continued success in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars