Universal Health Services, Inc. (UHS) Set to Announce Earnings on Tuesday
Universal Health Services, Inc. (NYSE:UHS) is scheduled to post its quarterly earnings results after the market closes on Tuesday, October 24th. Analysts expect Universal Health Services to post earnings of $1.76 per share for the quarter. Universal Health Services has set its FY17 guidance at $7.50-8.00 EPS.
Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.06 by ($0.12). The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.94 EPS. On average, analysts expect Universal Health Services to post $7.70 EPS for the current fiscal year and $8.38 EPS for the next fiscal year.
Shares of Universal Health Services, Inc. (NYSE:UHS) opened at 105.60 on Tuesday. Universal Health Services, Inc. has a 12 month low of $99.72 and a 12 month high of $129.74. The stock has a market cap of $10.10 billion, a price-to-earnings ratio of 14.36 and a beta of 1.03. The firm has a 50-day moving average price of $109.38 and a 200-day moving average price of $115.46.
A number of equities analysts have weighed in on the stock. BMO Capital Markets assumed coverage on shares of Universal Health Services in a research note on Monday. They set an “outperform” rating on the stock. Stephens assumed coverage on shares of Universal Health Services in a research note on Wednesday, October 11th. They set an “equal weight” rating and a $120.00 price target on the stock. Zacks Investment Research raised shares of Universal Health Services from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $147.00 price target on shares of Universal Health Services in a research note on Tuesday, October 3rd. Finally, Morgan Stanley cut their price target on shares of Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 17th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $133.23.
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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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