On August 7, DaVita HealthCare Partners declined 5.01% in regular trading, trading at $179.23/share with turnover of $192 million, extending the sell-off that began earlier in the week.
The stock continues to face pressure from multiple headwinds. While the company reported Q2 adjusted EPS of $4.02, beating the consensus estimate of $3.88 by 3.6% and representing a 36.27% year-over-year increase, management maintained its full-year adjusted EPS guidance at $14.10 to $15.20. The guidance midpoint of $14.65 remains below the market consensus of $14.88, and given consecutive strong beats in Q1 and Q2, the unchanged outlook is being interpreted as a signal of decelerating earnings growth in the second half.
Additionally, SEC filings revealed that Berkshire Hathaway sold 183,000 shares at an average price of $199.55, while Bank of America set a target price of $170, below the current trading level. These combined negatives continue to suppress the stock price.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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