Leerink Partnrs Brokers Boost Earnings Estimates for Universal Health Services, Inc. (NYSE:UHS)

Universal Health Services, Inc. (NYSE:UHS) – Analysts at Leerink Partnrs lifted their FY2024 EPS estimates for Universal Health Services in a note issued to investors on Thursday, April 25th. Leerink Partnrs analyst W. Mayo now anticipates that the health services provider will earn $14.12 per share for the year, up from their prior estimate of $13.83. The consensus estimate for Universal Health Services’ current full-year earnings is $13.47 per share. Leerink Partnrs also issued estimates for Universal Health Services’ Q4 2024 earnings at $3.98 EPS, Q1 2025 earnings at $4.04 EPS, Q3 2025 earnings at $3.24 EPS, Q4 2025 earnings at $4.03 EPS and FY2025 earnings at $15.44 EPS.

A number of other research analysts have also recently commented on the stock. Citigroup upped their target price on shares of Universal Health Services from $170.00 to $193.00 and gave the company a “buy” rating in a research report on Thursday, February 29th. Barclays upped their target price on shares of Universal Health Services from $181.00 to $189.00 and gave the company an “equal weight” rating in a research report on Friday. Mizuho upped their target price on shares of Universal Health Services from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Wednesday, March 6th. Wells Fargo & Company upped their target price on shares of Universal Health Services from $195.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, March 28th. Finally, The Goldman Sachs Group upped their target price on shares of Universal Health Services from $170.00 to $189.00 and gave the company a “buy” rating in a research report on Monday, March 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Universal Health Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $182.64.

Universal Health Services Trading Up 0.6 %

NYSE UHS opened at $166.06 on Monday. The firm’s 50-day moving average is $170.63 and its two-hundred day moving average is $153.68. Universal Health Services has a 12 month low of $119.90 and a 12 month high of $183.61. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.38 and a quick ratio of 1.29. The stock has a market capitalization of $11.16 billion, a P/E ratio of 14.07, a PEG ratio of 0.83 and a beta of 1.24.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.14 by $0.56. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The firm had revenue of $3.84 billion during the quarter, compared to analyst estimates of $3.78 billion. During the same quarter in the prior year, the firm posted $2.34 earnings per share. Universal Health Services’s quarterly revenue was up 10.8% on a year-over-year basis.

Insider Activity at Universal Health Services

In related news, CFO Steve Filton sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $176.82, for a total value of $6,188,700.00. Following the sale, the chief financial officer now owns 68,785 shares of the company’s stock, valued at $12,162,563.70. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 16.10% of the stock is owned by corporate insiders.

Institutional Trading of Universal Health Services

Several hedge funds have recently added to or reduced their stakes in UHS. EverSource Wealth Advisors LLC raised its holdings in Universal Health Services by 42.8% in the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after acquiring an additional 80 shares in the last quarter. Mather Group LLC. purchased a new position in Universal Health Services in the first quarter valued at approximately $36,000. Denali Advisors LLC purchased a new position in Universal Health Services in the first quarter valued at approximately $37,000. GAMMA Investing LLC purchased a new position in Universal Health Services in the fourth quarter valued at approximately $42,000. Finally, Kapitalo Investimentos Ltda purchased a new position in Universal Health Services in the fourth quarter valued at approximately $55,000. Institutional investors and hedge funds own 86.05% of the company’s stock.

Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's 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.