12 Cheap Healthcare Stocks to Buy Heading into 2025

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8. HCA Healthcare, Inc. (NYSE:HCA)

P/E Ratio: 13.88 

HCA Healthcare, Inc. (NYSE:HCA) is a leading healthcare services provider operating a vast network of facilities and it stands eighth among the 12 cheap healthcare stocks to buy heading into 2025. It offers hospital care, surgical procedures, emergency services, diagnostics, mental health care, and specialized treatments like cardiology, oncology, neurosurgery, and orthopedics.

HCA Healthcare, Inc. (NYSE:HCA) delivered a strong financial performance in Q3 2024 despite hurricane impacts. Revenue rose 8% year-over-year to $17.487 billion, driven by a 4.5% increase in same-facility admissions. Net income was $1.27 billion, or $4.88 per diluted share, with adjusted EPS up 25% to $4.90 after accounting for hurricane impacts. Adjusted EBITDA reached $3.267 billion, with a 90-basis-point margin improvement. Operating cash flow totaled $3.515 billion. Despite disruptions from Hurricanes Helene and Milton, the company expects 3%-4% volume growth in 2025. Capital expenditures for 2024 are projected at $5 billion, supporting network expansion.

As of Q3 2024, 66 hedge funds owned shares in the company, according to the Insider Monkey database. The largest shareholder was First Eagle Investment Management, with stakes valued at $1.8 billion. Analysts have a consensus rating of Moderate Buy for the stock.

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