Universal Health Services, Inc. Expected to Earn FY2024 Earnings of $14.12 Per Share (NYSE:UHS)

Universal Health Services, Inc. (NYSE:UHS) – Equities researchers at Leerink Partnrs raised their FY2024 earnings per share estimates for Universal Health Services in a note issued to investors on Thursday, April 25th. Leerink Partnrs analyst W. Mayo now expects that the health services provider will earn $14.12 per share for the year, up from their previous forecast 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.

UHS has been the topic of several other reports. Wells Fargo & Company increased their price target on shares of Universal Health Services from $195.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, March 28th. The Goldman Sachs Group lifted their price target on Universal Health Services from $170.00 to $189.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Cantor Fitzgerald reiterated an “underweight” rating and set a $156.00 price objective on shares of Universal Health Services in a research report on Wednesday, April 10th. Mizuho boosted 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. Finally, Citigroup raised their price target on shares of Universal Health Services from $170.00 to $193.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Universal Health Services has a consensus rating of “Moderate Buy” and an average target price of $182.79.

Universal Health Services Price Performance

Shares of UHS opened at $170.43 on Monday. The firm has a market capitalization of $11.46 billion, a PE ratio of 14.44, a PEG ratio of 0.82 and a beta of 1.24. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.38 and a quick ratio of 1.28. The company’s 50-day moving average is $170.76 and its 200-day moving average is $154.00. Universal Health Services has a fifty-two week low of $119.90 and a fifty-two week high of $183.61.

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

Insider Transactions at Universal Health Services

In other Universal Health Services news, CFO Steve Filton sold 35,000 shares of the company’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $176.82, for a total transaction 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Universal Health Services

A number of hedge funds have recently added to or reduced their stakes in the business. Janiczek Wealth Management LLC boosted its holdings in shares of Universal Health Services by 11.4% during the 1st quarter. Janiczek Wealth Management LLC now owns 624 shares of the health services provider’s stock worth $114,000 after buying an additional 64 shares in the last quarter. IFM Investors Pty Ltd grew its holdings in Universal Health Services by 0.5% in the first quarter. IFM Investors Pty Ltd now owns 12,776 shares of the health services provider’s stock worth $2,331,000 after purchasing an additional 65 shares during the period. Van ECK Associates Corp increased its stake in Universal Health Services by 6.6% in the fourth quarter. Van ECK Associates Corp now owns 1,070 shares of the health services provider’s stock valued at $163,000 after purchasing an additional 66 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Universal Health Services by 42.8% during the third quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock valued at $34,000 after purchasing an additional 80 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Universal Health Services by 34.8% during the 1st quarter. GAMMA Investing LLC now owns 360 shares of the health services provider’s stock worth $66,000 after purchasing an additional 93 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.

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.