DaVita Inc
DVA: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$993.00 | Wzznpf | Xfdycffkx |
DaVita Earnings: Strong 2023 Results and 2024 Outlook Boost Our Valuation
Narrow-moat DaVita turned in strong fourth-quarter results that exceeded our expectations, and management gave an initial view of 2024 that looks stronger than we were anticipating. We are increasing our fair value estimate to $122 per share from $104 on these strong trends and cash flows.