HCA Healthcare Inc

HCA: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$425.00	Ndryd	Pfftwzlm

HCA Turns In Weak Q4 on Omicron Surge; Shares Remain Fairly Valued

Julie Utterback

Jan 27, 2022

Narrow-moat HCA turned in fourth-quarter results that were a little weaker than we had expected, as the omicron variant surge appeared to put pressure on the firm's top and bottom lines. However, after incorporating a lower U.S. corporate tax rate assumption than we previously expected, we are maintaining our $239 fair value estimate. HCA shares look about fairly valued, despite the mid-single-digit decline after the earnings report Jan. 27.

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