Sectors & IndustriesHealthcareMedical Care Facilities

Best Medical Care Facility Stocks to Buy Now (2023)

Top medical care facility stocks in 2023 ranked by overall Zen Score. See the best medical care facility stocks to buy now, according to analyst forecasts for the medical care facilities industry.

According to Zen Score, the 3 best medical care facility stocks to buy right now are:

Amn Healthcare Services (NYSE:AMN) is the top medical care facility stock with a Zen Score of 57, which is 30 points higher than the medical care facility industry average of 27. It passed 19 out of 33 due diligence checks and has strong fundamentals. Amn Healthcare Services has seen its stock lose -2.06% over the past year, underperforming other medical care facility stocks by -1 percentage points.

Amn Healthcare Services has an average 1 year price target of $137.20, an upside of 32.09% from Amn Healthcare Services's current stock price of $103.87.

Amn Healthcare Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Amn Healthcare Services, 40% have issued a Strong Buy rating, 60% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Docgo (NASDAQ:DCGO) is the second best medical care facility stock with a Zen Score of 47, which is 20 points higher than the medical care facility industry average of 27. It passed 15 out of 33 due diligence checks and has strong fundamentals. Docgo has seen its stock return 44.83% over the past year, overperforming other medical care facility stocks by 46 percentage points.

Docgo has an average 1 year price target of $11.00, an upside of 9.13% from Docgo's current stock price of $10.08.

Docgo stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Docgo, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Addus Homecare (NASDAQ:ADUS) is the third best medical care facility stock with a Zen Score of 46, which is 19 points higher than the medical care facility industry average of 27. It passed 15 out of 33 due diligence checks and has strong fundamentals. Addus Homecare has seen its stock return 44.35% over the past year, overperforming other medical care facility stocks by 46 percentage points.

Addus Homecare has an average 1 year price target of $114.67, an upside of 4.76% from Addus Homecare's current stock price of $109.46.

Addus Homecare stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Addus Homecare, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 11 medical care facility stocks that have issued dividends in the past year, the 3 medical care facility stocks with the highest dividend yields are:

Healthcare Services Group (NASDAQ:HCSG) has an annual dividend yield of 6.1%, which is 4 percentage points higher than the medical care facility industry average of 2.16%. Healthcare Services Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Healthcare Services Group's dividend has shown consistent growth over the last 10 years.

Healthcare Services Group's dividend payout ratio of 313.7% indicates that its high dividend yield might not be sustainable for the long-term.

Airsculpt Technologies (NASDAQ:AIRS) has an annual dividend yield of 5.83%, which is 4 percentage points higher than the medical care facility industry average of 2.16%.

Fresenius Medical Care Ag & Co Kgaa (NYSE:FMS) has an annual dividend yield of 3.74%, which is 2 percentage points higher than the medical care facility industry average of 2.16%. Fresenius Medical Care Ag & Co Kgaa's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Fresenius Medical Care Ag & Co Kgaa's dividend has shown consistent growth over the last 10 years.

Fresenius Medical Care Ag & Co Kgaa's dividend payout ratio of 51% indicates that its dividend yield is sustainable for the long-term.

Medical care facility stocks were down -0.83% in the last day, and up 2.53% over the last week.

We couldn't find a catalyst for why medical care facility stocks are down.

Based on WallStreetZen's Valuation Score, the 3 most undervalued medical care facility stocks right now are:

Oncology Institute (NASDAQ:TOI) is the most undervalued medical care facility stock based on WallStreetZen's Valuation Score. Oncology Institute has a valuation score of 71, which is 47 points higher than the medical care facility industry average of 24. It passed 5 out of 7 valuation due diligence checks.

Oncology Institute's stock has dropped -75.74% in the past year. It has underperformed other stocks in the medical care facility industry by -74 percentage points.

Davita (NYSE:DVA) is the second most undervalued medical care facility stock based on WallStreetZen's Valuation Score. Davita has a valuation score of 57, which is 33 points higher than the medical care facility industry average of 24. It passed 4 out of 7 valuation due diligence checks.

Davita's stock has dropped -22.24% in the past year. It has underperformed other stocks in the medical care facility industry by -21 percentage points.

Fresenius Medical Care Ag & Co Kgaa (NYSE:FMS) is the third most undervalued medical care facility stock based on WallStreetZen's Valuation Score. Fresenius Medical Care Ag & Co Kgaa has a valuation score of 57, which is 33 points higher than the medical care facility industry average of 24. It passed 4 out of 7 valuation due diligence checks.

Fresenius Medical Care Ag & Co Kgaa's stock has dropped -45.24% in the past year. It has underperformed other stocks in the medical care facility industry by -44 percentage points.