Universal Health Services, Inc. (NYSE:UHS) Receives $151.50 Consensus PT from Analysts

Posted by Defense World Staff on Oct 20th, 2023

Universal Health Services, Inc. (NYSE:UHS – Get Free Report) has earned an average recommendation of “Hold” from the fourteen research firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $151.50.

A number of equities analysts recently commented on UHS shares. Mizuho boosted their target price on shares of Universal Health Services from $150.00 to $170.00 in a research note on Tuesday, July 11th. UBS Group boosted their target price on shares of Universal Health Services from $154.00 to $162.00 in a research note on Wednesday, July 26th. Credit Suisse Group boosted their target price on shares of Universal Health Services from $163.00 to $169.00 in a research note on Thursday, July 27th. Barclays reiterated an “equal weight” rating and set a $142.00 target price on shares of Universal Health Services in a research note on Thursday, September 21st. Finally, StockNews.com began coverage on shares of Universal Health Services in a research note on Thursday, October 5th. They set a “hold” rating for the company.

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Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in UHS. Ceredex Value Advisors LLC acquired a new position in shares of Universal Health Services during the first quarter worth about $97,734,000. Norges Bank acquired a new position in shares of Universal Health Services during the fourth quarter worth about $66,334,000. Iron Triangle Partners LP acquired a new position in shares of Universal Health Services during the second quarter worth about $74,152,000. Goldman Sachs Group Inc. grew its position in Universal Health Services by 45.4% during the second quarter. Goldman Sachs Group Inc. now owns 802,139 shares of the health services provider’s stock worth $80,784,000 after buying an additional 250,295 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Universal Health Services by 203.1% during the first quarter. Envestnet Asset Management Inc. now owns 336,856 shares of the health services provider’s stock worth $7,988,000 after buying an additional 225,709 shares during the period. 85.11% of the stock is currently owned by institutional investors and hedge funds.

Universal Health Services Stock Performance

NYSE:UHS opened at $127.66 on Tuesday. The company has a fifty day simple moving average of $128.73 and a two-hundred day simple moving average of $136.97. The company has a market cap of $8.86 billion, a price-to-earnings ratio of 13.25, a price-to-earnings-growth ratio of 1.35 and a beta of 1.26. The company has a quick ratio of 1.18, a current ratio of 1.29 and a debt-to-equity ratio of 0.75. Universal Health Services has a 52 week low of $82.50 and a 52 week high of $158.57.

Universal Health Services (NYSE:UHS – Get Free Report) last posted its quarterly earnings results on Tuesday, July 25th. The health services provider reported $2.53 EPS for the quarter, topping the consensus estimate of $2.43 by $0.10. The business had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.50 billion. Universal Health Services had a net margin of 5.02% and a return on equity of 12.47%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.20 earnings per share. As a group, equities analysts anticipate that Universal Health Services will post 10.25 earnings per share for the current fiscal year.

About Universal Health Services

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Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. The company operates through Acute Care Hospital Services and Behavioral Health Care Services segments. Its hospitals offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic and coronary care, pediatric services, pharmacy services, and/or behavioral health services.