Universal Health Services (NYSE:UHS) had its price target hoisted by Piper Sandler from $113.00 to $117.00 in a research report sent to investors on Wednesday, BenzingaRatingsTable reports. The firm currently has a neutral rating on the health services provider’s stock. Piper Sandler also issued estimates for Universal Health Services’ Q3 2020 earnings at $2.03 EPS, Q4 2020 earnings at $2.70 EPS, Q1 2021 earnings at $2.59 EPS, Q2 2021 earnings at $2.66 EPS, Q3 2021 earnings at $2.27 EPS, Q4 2021 earnings at $2.73 EPS, FY2021 earnings at $10.25 EPS, Q1 2022 earnings at $2.68 EPS, Q2 2022 earnings at $2.98 EPS and FY2022 earnings at $11.51 EPS.
Several other analysts have also commented on UHS. Royal Bank of Canada restated a buy rating on shares of Universal Health Services in a report on Thursday, April 30th. Barclays upgraded shares of Universal Health Services from an equal weight rating to an overweight rating and set a $138.00 price objective for the company in a report on Tuesday, June 9th. UBS Group lowered their price objective on shares of Universal Health Services from $150.00 to $133.00 and set a buy rating for the company in a report on Thursday, April 30th. Credit Suisse Group lifted their target price on shares of Universal Health Services from $139.00 to $140.00 and gave the company an outperform rating in a report on Wednesday. Finally, ValuEngine upgraded shares of Universal Health Services from a sell rating to a hold rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. Universal Health Services has an average rating of Buy and a consensus target price of $137.33.
Shares of UHS opened at $109.90 on Wednesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.02 and a quick ratio of 0.99. Universal Health Services has a one year low of $65.20 and a one year high of $157.06. The company has a 50-day simple moving average of $96.99 and a two-hundred day simple moving average of $110.10. The firm has a market capitalization of $9.52 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 1.82 and a beta of 1.05.
Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Monday, July 27th. The health services provider reported $2.93 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $2.20. Universal Health Services had a net margin of 6.53% and a return on equity of 14.75%. The business had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same period last year, the business posted $2.76 earnings per share. Universal Health Services’s quarterly revenue was down 4.4% compared to the same quarter last year. Analysts expect that Universal Health Services will post 7.69 EPS for the current fiscal year.
Institutional investors and hedge funds have recently made changes to their positions in the stock. CWM Advisors LLC bought a new stake in shares of Universal Health Services during the first quarter valued at approximately $37,000. Tompkins Financial Corp bought a new stake in shares of Universal Health Services during the second quarter valued at approximately $55,000. Stephenson National Bank & Trust bought a new stake in shares of Universal Health Services during the second quarter valued at approximately $95,000. Cerebellum GP LLC bought a new stake in shares of Universal Health Services during the second quarter valued at approximately $127,000. Finally, U S Global Investors Inc. bought a new stake in shares of Universal Health Services during the first quarter valued at approximately $201,000. 84.58% of the stock is owned by institutional investors.
About Universal Health Services
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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