Universal Health Services, Inc. (UHS) Scheduled to Post Quarterly Earnings on Tuesday
Universal Health Services, Inc. (NYSE:UHS) will be announcing its earnings results after the market closes on Tuesday, July 25th. Analysts expect the company to announce earnings of $2.07 per share for the quarter.
Universal Health Services (NYSE:UHS) last posted its quarterly earnings data on Tuesday, April 25th. The health services provider reported $2.10 earnings per share (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 company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the previous year, the firm posted $1.98 EPS. The firm’s revenue was up 6.7% compared to the same quarter last year. On average, analysts expect Universal Health Services to post $8.00 EPS for the current fiscal year and $8.69 EPS for the next fiscal year.
Shares of Universal Health Services, Inc. (NYSE UHS) opened at 124.10 on Tuesday. The company has a market capitalization of $12.00 billion, a P/E ratio of 16.94 and a beta of 1.08. Universal Health Services, Inc. has a 12-month low of $99.72 and a 12-month high of $138.77. The stock’s 50 day moving average is $116.76 and its 200-day moving average is $117.42.
Several equities analysts recently weighed in on the stock. Royal Bank Of Canada cut their target price on shares of Universal Health Services from $157.00 to $153.00 and set an “outperform” rating for the company in a research note on Thursday, April 27th. Morgan Stanley assumed coverage on shares of Universal Health Services in a research note on Tuesday, June 6th. They set an “equal weight” rating and a $124.00 target price for the company. Zacks Investment Research raised shares of Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 target price for the company in a research note on Tuesday, July 4th. BidaskClub raised shares of Universal Health Services from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 29th. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and set a $147.00 target price on shares of Universal Health Services in a research note on Monday, April 17th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $141.45.
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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