Universal Health Services, Inc. (UHS) Expected to Post Quarterly Sales of $2.81 Billion

Equities research analysts expect Universal Health Services, Inc. (NYSE:UHS) to announce sales of $2.81 billion for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for Universal Health Services’ earnings, with estimates ranging from $2.78 billion to $2.83 billion. Universal Health Services reported sales of $2.68 billion during the same quarter last year, which indicates a positive year over year growth rate of 4.9%. The firm is expected to report its next quarterly earnings results on Wednesday, July 24th.

According to Zacks, analysts expect that Universal Health Services will report full-year sales of $11.26 billion for the current financial year, with estimates ranging from $11.19 billion to $11.33 billion. For the next year, analysts expect that the business will post sales of $11.83 billion, with estimates ranging from $11.63 billion to $12.09 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Universal Health Services.

Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Thursday, April 25th. The health services provider reported $2.45 earnings per share for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.17). The firm had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.82 billion. Universal Health Services had a return on equity of 16.21% and a net margin of 7.26%. The business’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.45 EPS.

A number of equities research analysts recently weighed in on UHS shares. Zacks Investment Research cut Universal Health Services from a “hold” rating to a “sell” rating in a report on Saturday, January 19th. Robert W. Baird upped their price target on Universal Health Services from $140.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, February 28th. Wells Fargo & Co upped their price target on Universal Health Services from $147.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, March 1st. BMO Capital Markets upped their price target on Universal Health Services to $146.00 and gave the stock a “market perform” rating in a report on Tuesday, March 5th. Finally, JPMorgan Chase & Co. cut Universal Health Services from an “overweight” rating to a “neutral” rating and set a $147.00 target price on the stock. in a report on Monday, March 4th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. Universal Health Services currently has a consensus rating of “Hold” and an average price target of $144.20.

Large investors have recently made changes to their positions in the business. Dean Investment Associates LLC boosted its holdings in shares of Universal Health Services by 1.0% during the fourth quarter. Dean Investment Associates LLC now owns 7,705 shares of the health services provider’s stock worth $898,000 after purchasing an additional 80 shares during the last quarter. Sectoral Asset Management Inc boosted its holdings in shares of Universal Health Services by 3.0% during the fourth quarter. Sectoral Asset Management Inc now owns 2,896 shares of the health services provider’s stock worth $338,000 after purchasing an additional 85 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Universal Health Services by 40.0% during the fourth quarter. Bessemer Group Inc. now owns 364 shares of the health services provider’s stock worth $43,000 after purchasing an additional 104 shares during the last quarter. Avalon Advisors LLC boosted its holdings in shares of Universal Health Services by 0.4% during the first quarter. Avalon Advisors LLC now owns 28,533 shares of the health services provider’s stock worth $3,817,000 after purchasing an additional 113 shares during the last quarter. Finally, Strs Ohio boosted its holdings in shares of Universal Health Services by 0.9% during the first quarter. Strs Ohio now owns 19,683 shares of the health services provider’s stock worth $2,632,000 after purchasing an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

UHS opened at $121.86 on Thursday. The company has a market capitalization of $13.33 billion, a P/E ratio of 12.79, a PEG ratio of 1.12 and a beta of 1.06. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.09 and a current ratio of 1.18. Universal Health Services has a 1-year low of $109.37 and a 1-year high of $142.21.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Monday, June 3rd will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.33%. Universal Health Services’s dividend payout ratio (DPR) is presently 4.20%.

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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