Universal Health Services (UHS) Set to Announce Quarterly Earnings on Wednesday

Universal Health Services (NYSE:UHS) is set to announce its earnings results after the market closes on Wednesday, July 24th. Analysts expect the company to announce earnings of $3.37 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Universal Health Services (NYSE:UHS) last posted its earnings results on Wednesday, April 24th. The health services provider reported $3.70 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.78 billion. During the same period last year, the company earned $2.34 earnings per share. The business’s revenue was up 10.8% compared to the same quarter last year. On average, analysts expect Universal Health Services to post $14 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Universal Health Services Price Performance

NYSE UHS opened at $182.18 on Tuesday. Universal Health Services has a fifty-two week low of $119.90 and a fifty-two week high of $194.02. The stock’s 50-day moving average is $184.15 and its two-hundred day moving average is $172.90. 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 firm has a market cap of $12.19 billion, a P/E ratio of 15.44, a price-to-earnings-growth ratio of 0.86 and a beta of 1.28.

Universal Health Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend is Tuesday, September 3rd. Universal Health Services’s dividend payout ratio is currently 6.78%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their price target on Universal Health Services from $182.00 to $186.00 and gave the company a “neutral” rating in a research report on Thursday, May 30th. Stephens reaffirmed an “equal weight” rating and issued a $185.00 price target on shares of Universal Health Services in a research report on Thursday, April 25th. Baird R W raised Universal Health Services from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 26th. Robert W. Baird raised Universal Health Services from a “neutral” rating to an “outperform” rating and raised their price target for the company from $198.00 to $236.00 in a research report on Wednesday, June 26th. Finally, UBS Group raised Universal Health Services from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $189.00 to $226.00 in a research report on Monday, May 20th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $194.21.

About Universal Health Services

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.