DaVita Inc

DVA: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$797.00	Rdlgr	Lpwycmqq

DaVita Turns in Decent Q4 and Guides Cautiously for 2023; No FVE Change

Julie Utterback

Feb 23, 2023

Narrow-moat DaVita turned in fourth-quarter results that were slightly better than we anticipated, allowing it to mildly exceed our 2022 estimates. However, 2023 guidance appears slightly weaker than expected. Those two factors largely offset in our model though, and we expect to maintain our $108 fair value estimate. DaVita shares remain moderately undervalued, in our opinion.

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