Equities research analysts expect Universal Health Services, Inc. (NYSE:UHS) to report earnings of $2.32 per share for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for Universal Health Services’ earnings, with estimates ranging from $2.21 to $2.45. Universal Health Services posted earnings of $2.00 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 16%. The firm is expected to issue its next quarterly earnings report on Wednesday, February 27th.
On average, analysts expect that Universal Health Services will report full year earnings of $9.47 per share for the current fiscal year, with EPS estimates ranging from $9.38 to $9.62. For the next financial year, analysts anticipate that the company will post earnings of $10.04 per share, with EPS estimates ranging from $9.63 to $10.30. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow Universal Health Services.
Universal Health Services (NYSE:UHS) last issued its earnings results on Thursday, October 25th. The health services provider reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.22. Universal Health Services had a net margin of 7.89% and a return on equity of 16.33%. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.68 billion.
A number of equities analysts have commented on UHS shares. Bank of America raised shares of Universal Health Services from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $128.00 to $155.00 in a research note on Tuesday, September 18th. Morgan Stanley reduced their target price on shares of Universal Health Services from $134.00 to $130.00 and set an “equal weight” rating on the stock in a research note on Monday, October 29th. Zacks Investment Research downgraded shares of Universal Health Services from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. UBS Group started coverage on shares of Universal Health Services in a research note on Thursday, November 15th. They set a “buy” rating and a $156.00 target price on the stock. Finally, Citigroup reduced their target price on shares of Universal Health Services from $145.00 to $140.00 and set a “buy” rating on the stock in a research note on Monday, October 29th. Eight analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $137.47.
A number of institutional investors and hedge funds have recently made changes to their positions in UHS. Janney Montgomery Scott LLC grew its holdings in Universal Health Services by 17.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 6,931 shares of the health services provider’s stock worth $772,000 after acquiring an additional 1,040 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new position in Universal Health Services during the 2nd quarter worth approximately $114,000. Massachusetts Financial Services Co. MA grew its holdings in Universal Health Services by 0.4% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 566,431 shares of the health services provider’s stock worth $63,123,000 after acquiring an additional 2,379 shares in the last quarter. Dupont Capital Management Corp grew its holdings in Universal Health Services by 13.6% during the 2nd quarter. Dupont Capital Management Corp now owns 10,883 shares of the health services provider’s stock worth $1,213,000 after acquiring an additional 1,299 shares in the last quarter. Finally, Aperio Group LLC grew its holdings in Universal Health Services by 62.4% during the 2nd quarter. Aperio Group LLC now owns 67,209 shares of the health services provider’s stock worth $7,490,000 after acquiring an additional 25,836 shares in the last quarter. 89.50% of the stock is currently owned by hedge funds and other institutional investors.
Shares of UHS stock opened at $131.64 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68. Universal Health Services has a 12 month low of $107.00 and a 12 month high of $139.63. The stock has a market cap of $12.45 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 1.35 and a beta of 0.83.
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Monday, December 3rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.30%. The ex-dividend date is Friday, November 30th. Universal Health Services’s payout ratio is currently 5.31%.
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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