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:

Docgo (NASDAQ:DCGO) is the top medical care facility stock with a Zen Score of 53, which is 26 points higher than the medical care facility industry average of 27. It passed 17 out of 33 due diligence checks and has strong fundamentals. Docgo has seen its stock return 14.23% over the past year, overperforming other medical care facility stocks by 17 percentage points.

Docgo has an average 1 year price target of $12.50, an upside of 35.43% from Docgo's current stock price of $9.23.

Docgo stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Docgo, 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.

Addus Homecare (NASDAQ:ADUS) is the second best medical care facility stock with a Zen Score of 50, which is 23 points higher than the medical care facility industry average of 27. It passed 16 out of 33 due diligence checks and has strong fundamentals. Addus Homecare has seen its stock return 11.19% over the past year, overperforming other medical care facility stocks by 14 percentage points.

Addus Homecare has an average 1 year price target of $112.50, an upside of 20.82% from Addus Homecare's current stock price of $93.11.

Addus Homecare stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Addus Homecare, 25% have issued a Strong Buy rating, 75% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Pennant Group (NASDAQ:PNTG) is the third best medical care facility stock with a Zen Score of 50, which is 23 points higher than the medical care facility industry average of 27. It passed 17 out of 33 due diligence checks and has strong fundamentals. Pennant Group has seen its stock lose -35.58% over the past year, underperforming other medical care facility stocks by -33 percentage points.

Pennant Group has an average 1 year price target of $15.17, an upside of 22.31% from Pennant Group's current stock price of $12.40.

Pennant Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Pennant Group, 16.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 10 medical care facility stocks that have issued dividends in the past year, the 3 medical care facility stocks with the highest dividend yields are:

Airsculpt Technologies (NASDAQ:AIRS) has an annual dividend yield of 5%, which is 3 percentage points higher than the medical care facility industry average of 1.76%.

Airsculpt Technologies's dividend payout ratio of -164% indicates that its dividend yield might not be sustainable for the long-term.

National Healthcare (NYSEMKT:NHC) has an annual dividend yield of 3.67%, which is 2 percentage points higher than the medical care facility industry average of 1.76%. National Healthcare's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. National Healthcare's dividend has shown consistent growth over the last 10 years.

National Healthcare's dividend payout ratio of 185.4% indicates that its dividend yield might not be sustainable for the long-term.

Fresenius Medical Care Ag & Co Kgaa (NYSE:FMS) has an annual dividend yield of 2.83%, which is 1 percentage points higher than the medical care facility industry average of 1.76%. Fresenius Medical Care Ag & Co Kgaa's dividend payout is not stable, having dropped more than 10% four 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 62.9% indicates that its dividend yield is sustainable for the long-term.

Medical care facility stocks were up 2.49% in the last day, and up 3.19% over the last week.

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

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

Amedisys (NASDAQ:AMED) is the most undervalued medical care facility stock based on WallStreetZen's Valuation Score. Amedisys has a valuation score of 57, which is 31 points higher than the medical care facility industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Amedisys's stock has dropped -31.59% in the past year. It has underperformed other stocks in the medical care facility industry by -29 percentage points.

Docgo (NASDAQ:DCGO) is the second most undervalued medical care facility stock based on WallStreetZen's Valuation Score. Docgo has a valuation score of 57, which is 31 points higher than the medical care facility industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Docgo's stock has gained 14.23% in the past year. It has overperformed other stocks in the medical care facility industry by 17 percentage points.

Select Medical Holdings (NYSE:SEM) is the third most undervalued medical care facility stock based on WallStreetZen's Valuation Score. Select Medical Holdings has a valuation score of 57, which is 31 points higher than the medical care facility industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Select Medical Holdings's stock has gained 14.73% in the past year. It has overperformed other stocks in the medical care facility industry by 17 percentage points.