UnitedHealth Group (UNH) Releases Quarterly Earnings Results, Beats Estimates By $0.16 EPS
UnitedHealth Group (NYSE:UNH) announced its earnings results on Thursday. The company reported $1.42 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.26 by $0.16, StockRatingsNetwork reports. The company had revenue of $32.60 billion for the quarter, compared to the consensus estimate of $32.01 billion.
Shares of UnitedHealth Group (NYSE:UNH) opened at 83.76 on Thursday. UnitedHealth Group has a one year low of $65.92 and a one year high of $84.74. The stock has a 50-day moving average of $80.97 and a 200-day moving average of $77.44. The company has a market cap of $82.073 billion and a P/E ratio of 15.40.
UNH has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of UnitedHealth Group in a research note on Wednesday. They now have a $92.00 price target on the stock, up previously from $88.00. On the ratings front, analysts at Cowen and Company raised their price target on shares of UnitedHealth Group from $85.00 to $91.00 in a research note on Tuesday. Finally, analysts at Susquehanna raised their price target on shares of UnitedHealth Group from $94.00 to $96.00 in a research note on Monday. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. UnitedHealth Group has a consensus rating of “Buy” and an average price target of $82.32.
UnitedHealth Group Incorporated (NYSE:UNH) diversified health and well-being company.