Universal Health Services (NYSE:UHS) Given New $197.00 Price Target at TD Cowen

Universal Health Services (NYSE:UHS) had its target price lowered by analysts at TD Cowen from $230.00 to $197.00 in a research report issued on Monday,MarketScreener reports. The firm currently has a “buy” rating on the health services provider’s stock. TD Cowen’s price target would suggest a potential upside of 39.81% from the stock’s current price.

UHS has been the topic of a number of other reports. Guggenheim reduced their price target on shares of Universal Health Services from $238.00 to $211.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. UBS Group reissued a “buy” rating on shares of Universal Health Services in a research note on Friday, May 29th. Morgan Stanley cut their target price on shares of Universal Health Services from $233.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Wells Fargo & Company assumed coverage on shares of Universal Health Services in a research note on Monday, June 1st. They set an “equal weight” rating and a $165.00 target price on the stock. Finally, Royal Bank Of Canada dropped their price target on Universal Health Services from $216.00 to $190.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 29th. Six equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $216.56.

Universal Health Services Price Performance

Shares of UHS traded down $0.27 during midday trading on Monday, hitting $140.91. The company’s stock had a trading volume of 52,336 shares, compared to its average volume of 875,117. The company has a quick ratio of 1.01, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. Universal Health Services has a one year low of $140.08 and a one year high of $246.32. The stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 5.88, a price-to-earnings-growth ratio of 0.75 and a beta of 1.07. The company’s fifty day simple moving average is $162.34 and its two-hundred day simple moving average is $192.65.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Tuesday, April 28th. The health services provider reported $5.62 earnings per share for the quarter, topping the consensus estimate of $5.41 by $0.21. The business had revenue of $4.50 billion during the quarter, compared to the consensus estimate of $4.39 billion. Universal Health Services had a return on equity of 19.57% and a net margin of 8.56%.Universal Health Services’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the prior year, the company earned $4.84 EPS. As a group, equities analysts expect that Universal Health Services will post 23.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Elyxium Wealth LLC acquired a new position in shares of Universal Health Services in the 4th quarter worth approximately $25,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Universal Health Services during the fourth quarter worth $26,000. Founders Capital Management bought a new position in Universal Health Services during the fourth quarter worth $28,000. CYBER HORNET ETFs LLC bought a new position in Universal Health Services during the second quarter worth $29,000. Finally, Larson Financial Group LLC lifted its holdings in Universal Health Services by 302.9% in the fourth quarter. Larson Financial Group LLC now owns 141 shares of the health services provider’s stock valued at $31,000 after buying an additional 106 shares during the period. Institutional investors own 86.05% of the company’s stock.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is one of the largest diversified health care management companies in the United States, offering a broad spectrum of services through its acute care hospital and behavioral health segments. The company operates general acute care hospitals, surgical hospitals and ambulatory centers, as well as inpatient and outpatient behavioral health facilities. Its network provides emergency and specialized medicine, diagnostic imaging, laboratory services, advanced surgical care and rehabilitation, complemented by a comprehensive array of behavioral services including psychiatric treatment, addiction programs and developmental disabilities care.

In the acute care segment, UHS’s facilities deliver services ranging from emergency department treatment and intensive care to maternity care and outpatient surgery.