Analysts Expect Universal Health Services, Inc. (UHS) to Post $2.07 Earnings Per Share
Equities research analysts forecast that Universal Health Services, Inc. (NYSE:UHS) will report $2.07 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have provided estimates for Universal Health Services’ earnings. The highest EPS estimate is $2.15 and the lowest is $2.02. Universal Health Services posted earnings per share of $1.94 during the same quarter last year, which would suggest a positive year-over-year growth rate of 6.7%. The business is expected to announce its next earnings report on Tuesday, July 25th.
According to Zacks, analysts expect that Universal Health Services will report full-year earnings of $8.00 per share for the current year, with EPS estimates ranging from $7.76 to $8.10. For the next year, analysts expect that the company will post earnings of $8.66 per share, with EPS estimates ranging from $8.45 to $8.85. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Universal Health Services.
Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Tuesday, April 25th. The health services provider reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.03. Universal Health Services had a net margin of 7.23% and a return on equity of 15.99%. The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.65 billion. During the same quarter last year, the business posted $1.98 EPS. The company’s revenue was up 6.7% on a year-over-year basis.
Several equities research analysts have commented on UHS shares. Piper Jaffray Companies raised shares of Universal Health Services from a “neutral” rating to an “overweight” rating and upped their target price for the company from $119.00 to $147.00 in a research note on Monday, March 6th. Mizuho upped their target price on shares of Universal Health Services from $115.00 to $133.00 and gave the company a “neutral” rating in a research note on Monday, February 27th. Deutsche Bank AG started coverage on shares of Universal Health Services in a research note on Tuesday, April 4th. They issued a “buy” rating and a $145.00 target price for the company. Zacks Investment Research downgraded shares of Universal Health Services from a “buy” rating to a “hold” rating in a research note on Tuesday, February 21st. Finally, BidaskClub downgraded shares of Universal Health Services from a “sell” rating to a “strong sell” rating in a research note on Friday, June 9th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $139.82.
Several large investors have recently modified their holdings of UHS. Russell Investments Group Ltd. bought a new stake in shares of Universal Health Services during the fourth quarter valued at about $4,091,000. Cadence Capital Management LLC increased its stake in shares of Universal Health Services by 7.9% in the fourth quarter. Cadence Capital Management LLC now owns 2,082 shares of the health services provider’s stock valued at $221,000 after buying an additional 152 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Universal Health Services by 10.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 844,357 shares of the health services provider’s stock valued at $89,825,000 after buying an additional 78,330 shares in the last quarter. Tredje AP fonden increased its stake in shares of Universal Health Services by 49.5% in the fourth quarter. Tredje AP fonden now owns 7,266 shares of the health services provider’s stock valued at $773,000 after buying an additional 2,406 shares in the last quarter. Finally, Keybank National Association OH bought a new stake in shares of Universal Health Services during the fourth quarter valued at about $328,000. 86.66% of the stock is owned by institutional investors.
Universal Health Services (NYSE:UHS) traded up 0.39% during trading on Monday, reaching $115.52. 380,326 shares of the company were exchanged. The firm has a market cap of $11.17 billion, a price-to-earnings ratio of 15.77 and a beta of 1.13. Universal Health Services has a 52-week low of $99.72 and a 52-week high of $138.77. The firm has a 50-day moving average of $118.23 and a 200-day moving average of $117.65.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.35%. The ex-dividend date was Tuesday, May 30th. Universal Health Services’s dividend payout ratio is 5.46%.
About Universal Health Services
Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.
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