Analysts expect Universal Health Services, Inc. (NYSE:UHS) to post $2.08 earnings per share (EPS) for the current quarter, Zacks reports. Seven analysts have issued estimates for Universal Health Services’ earnings. The lowest EPS estimate is $2.03 and the highest is $2.20. Universal Health Services posted earnings per share of $1.98 during the same quarter last year, which suggests a positive year over year growth rate of 5.1%. The business is expected to report its next earnings results after the market closes on Tuesday, April 25th.
On average, analysts expect that Universal Health Services will report full-year earnings of $8.00 per share for the current fiscal year, with EPS estimates ranging from $7.80 to $8.30. For the next fiscal year, analysts forecast that the company will report earnings of $8.82 per share, with EPS estimates ranging from $8.46 to $9.62. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Universal Health Services.
Universal Health Services (NYSE:UHS) last issued its quarterly earnings data on Tuesday, February 28th. The company reported $1.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.81 by $0.01. The company earned $2.48 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Universal Health Services had a net margin of 7.31% and a return on equity of 16.35%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.71 earnings per share.
Several analysts have weighed in on the company. Deutsche Bank AG assumed coverage on Universal Health Services in a report on Tuesday, April 4th. They issued a “buy” rating and a $145.00 target price on the stock. Mizuho raised Universal Health Services from a “neutral” rating to a “buy” rating and upped their target price for the company from $133.00 to $138.00 in a report on Monday, March 27th. Piper Jaffray Companies assumed coverage on Universal Health Services in a report on Tuesday, January 3rd. They issued a “neutral” rating and a $119.00 target price on the stock. Zacks Investment Research lowered Universal Health Services from a “buy” rating to a “hold” rating in a report on Tuesday, February 21st. Finally, Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Universal Health Services in a research note on Wednesday, December 14th. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Universal Health Services has an average rating of “Buy” and an average price target of $141.80.
In other Universal Health Services news, insider Steve Filton sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, March 8th. The stock was sold at an average price of $123.80, for a total value of $1,238,000.00. Following the sale, the insider now directly owns 257,492 shares of the company’s stock, valued at approximately $31,877,509.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 12.80% of the stock is currently owned by company insiders.
Hedge funds have recently modified their holdings of the company. Mizuho Trust & Banking Co. Ltd. raised its stake in shares of Universal Health Services by 2.5% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 183,941 shares of the company’s stock worth $22,665,000 after buying an additional 4,553 shares during the last quarter. Trust Investment Advisors raised its stake in shares of Universal Health Services by 2.7% in the third quarter. Trust Investment Advisors now owns 8,555 shares of the company’s stock worth $1,054,000 after buying an additional 225 shares during the last quarter. APG Asset Management N.V. raised its stake in shares of Universal Health Services by 2.5% in the third quarter. APG Asset Management N.V. now owns 724,051 shares of the company’s stock worth $89,218,000 after buying an additional 18,000 shares during the last quarter. Capital Fund Management S.A. raised its stake in shares of Universal Health Services by 392.4% in the third quarter. Capital Fund Management S.A. now owns 98,952 shares of the company’s stock worth $12,193,000 after buying an additional 78,855 shares during the last quarter. Finally, World Asset Management Inc raised its stake in shares of Universal Health Services by 2.6% in the third quarter. World Asset Management Inc now owns 9,044 shares of the company’s stock worth $1,114,000 after buying an additional 230 shares during the last quarter. 84.63% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Universal Health Services (NYSE:UHS) traded down 1.02% during mid-day trading on Monday, reaching $121.81. 382,156 shares of the company traded hands. The company’s 50 day moving average is $123.17 and its 200 day moving average is $118.78. The stock has a market capitalization of $11.77 billion, a price-to-earnings ratio of 17.06 and a beta of 1.10. Universal Health Services has a 52-week low of $99.72 and a 52-week high of $139.77.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 15th. Shareholders of record on Wednesday, March 1st were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date of this dividend was Monday, February 27th. Universal Health Services’s payout ratio is 5.63%.
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Universal Health Services Company Profile
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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