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DaVita (DVA) Surges: Stock Moves 13.6% Higher
December 07, 2017

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DaVita Inc. (DVA - Free Report) was a big mover last session, as the company saw its shares rise nearly 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 17.4% in the past one-month time frame.

The stock rose after news that the dialysis services company agreed to sell its physician practice business, DaVita Medical Group, to health insurer UnitedHealth for roughly $4.9 billion.

The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

DaVita currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

A better-ranked stock in the Medical - Outpatient and Home Healthcare industry is Chemed Corporation (CHE - Free Report) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is DVA going up? Or down? Predict to see what others think:Up or Down

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