Netcare, ZAE000011953

Netcare stock posted a 0.86 percent move on October 7

Published on 10/08/2026 at 01:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netcare stock stood at ZAc 1,754 on October 7, with a 52-week band of ZAc 1,386 to ZAc 1,943. FY 2026 guidance points to 4.0 percent group revenue growth.

Netcare, ZAE000011953, Illustration mit AI erstellt.

Netcare stock (ISIN ZAE000011953) was last at ZAc 1,754 on the JSE on October 7, 2026, at 5:00 p.m. SAST, up 0.86 percent from ZAc 1,739. The price leaves the South African healthcare group 9.7 percent below its 52-week high of ZAc 1,943 and 26.5 percent above its low of ZAc 1,386.

FY 2026 guidance sets the frame

The latest company-specific catalyst remains Netcare's September 30 trading update, which was outside the seven-day lead window but provides the operating framework for the November results. According to Sharenet, total paid patient days were expected to rise 1.6 percent in FY 2026, while acute paid patient days were expected to increase 0.8 percent.

The same update projected 4.0 percent group revenue growth for FY 2026. Hospital and Emergency Services revenue was expected to increase 4.2 percent, while Primary Care revenue was expected to decline 6.9 percent because of a non-renewed occupational healthcare contract; excluding that contract, underlying Primary Care revenue was expected to rise 5.8 percent, according to Sharenet.

Buybacks support the share count

Netcare's normalised EBITDA margin was expected to expand from 18.6 percent in FY 2025 as price, volume and operating-cost controls supported the second half. The company also applied ZAR 1.042 billion to repurchase 60.2 million ordinary shares at an average price of 1,724 cents, according to Sharenet.

At the end of September 2026, Netcare had 1,140.4 million shares in issue after treasury shares, compared with 1,191.8 million in FY 2025. That reduction gives the buyback a measurable role in per-share performance, although the operating update was not audited and still included the contract-related Primary Care decline.

Stock remains below yearly high

The October 7 trading range was ZAc 1,720 to ZAc 1,784, with volume of 1,679,957 shares. The distance from ZAc 1,754 to the 52-week high of ZAc 1,943 places the share below its yearly peak despite the 21.2 percent gain from the 52-week low of ZAc 1,386.

For investors, the next hard checkpoint is the FY 2026 result. Netcare's audited annual results are scheduled for November 23, 2026, and the update links that release to the final revenue, occupancy and margin figures.

Netcare stock trades at ZAc 1,754

Netcare stock was last at ZAc 1,754 on the JSE on October 7, 2026, at 5:00 p.m. SAST, with a daily change of 0.86 percent. The price, volume and range put the upcoming annual results in the foreground rather than a new company announcement.