Analysts expect Universal Health Services, Inc. (NYSE:UHS) to announce earnings of $2.60 per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Universal Health Services’ earnings. The lowest EPS estimate is $2.54 and the highest is $2.68. Universal Health Services posted earnings of $2.37 per share in the same quarter last year, which would suggest a positive year over year growth rate of 9.7%. The firm is expected to report its next earnings report on Wednesday, February 26th.
On average, analysts expect that Universal Health Services will report full-year earnings of $9.81 per share for the current financial year, with EPS estimates ranging from $9.76 to $9.89. For the next financial year, analysts expect that the firm will post earnings of $10.65 per share, with EPS estimates ranging from $10.23 to $11.21. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Universal Health Services.
Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Thursday, October 24th. The health services provider reported $1.99 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.31). The firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Universal Health Services had a net margin of 6.48% and a return on equity of 15.80%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the business earned $2.23 earnings per share.
Separately, Zacks Investment Research downgraded shares of Universal Health Services from a “hold” rating to a “sell” rating and set a $148.00 target price on the stock. in a report on Monday, November 11th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $150.19.
In other Universal Health Services news, CFO Steve Filton sold 30,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $141.40, for a total transaction of $4,242,000.00. Following the sale, the chief financial officer now directly owns 265,238 shares in the company, valued at approximately $37,504,653.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 12.60% of the stock is currently owned by insiders.
A number of institutional investors have recently modified their holdings of UHS. Signaturefd LLC raised its holdings in Universal Health Services by 9.2% during the third quarter. Signaturefd LLC now owns 858 shares of the health services provider’s stock worth $128,000 after purchasing an additional 72 shares during the last quarter. Strs Ohio increased its position in shares of Universal Health Services by 0.5% in the third quarter. Strs Ohio now owns 18,787 shares of the health services provider’s stock valued at $2,794,000 after buying an additional 96 shares in the last quarter. FTB Advisors Inc. increased its position in shares of Universal Health Services by 102.9% in the third quarter. FTB Advisors Inc. now owns 209 shares of the health services provider’s stock valued at $30,000 after buying an additional 106 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Universal Health Services by 3.8% in the third quarter. Commonwealth Equity Services LLC now owns 2,920 shares of the health services provider’s stock valued at $434,000 after buying an additional 106 shares in the last quarter. Finally, World Asset Management Inc raised its stake in shares of Universal Health Services by 1.9% during the 3rd quarter. World Asset Management Inc now owns 6,032 shares of the health services provider’s stock worth $897,000 after buying an additional 110 shares during the last quarter. 84.40% of the stock is owned by institutional investors.
UHS stock opened at $144.71 on Thursday. Universal Health Services has a one year low of $112.79 and a one year high of $157.79. The stock has a market capitalization of $12.67 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 1.76 and a beta of 1.05. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.09 and a current ratio of 1.19. The company has a fifty day moving average of $141.16 and a 200-day moving average of $138.88.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Wednesday, December 4th. Universal Health Services’s dividend payout ratio (DPR) is currently 8.39%.
Universal Health Services Company Profile
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.
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