Universal Health Services, Inc. (NYSE:UHS) updated its FY17 earnings guidance on Tuesday. The company provided earnings per share guidance of $7.50-8.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.10.
Several brokerages have weighed in on UHS. Royal Bank Of Canada reduced their price objective on Universal Health Services from $157.00 to $153.00 and set an outperform rating on the stock in a research note on Thursday, April 27th. Citigroup Inc. reduced their price objective on Universal Health Services from $131.00 to $126.00 and set a neutral rating on the stock in a research note on Wednesday. Morgan Stanley began coverage on Universal Health Services in a research note on Tuesday, June 6th. They set an equal weight rating and a $124.00 price objective on the stock. Zacks Investment Research raised Universal Health Services from a hold rating to a buy rating and set a $137.00 price objective on the stock in a research note on Tuesday, July 4th. Finally, BidaskClub raised Universal Health Services from a strong sell rating to a sell rating in a research note on Thursday, June 29th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company’s stock. Universal Health Services presently has a consensus rating of Hold and a consensus target price of $140.17.
Shares of Universal Health Services, Inc. (UHS) opened at 112.88 on Thursday. Universal Health Services, Inc. has a one year low of $99.72 and a one year high of $130.72. The company has a 50 day moving average price of $119.15 and a 200-day moving average price of $119.38. The stock has a market cap of $10.91 billion, a price-to-earnings ratio of 15.41 and a beta of 1.08.
Universal Health Services (NYSE:UHS) last announced its quarterly earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by $0.12. Universal Health Services had a net margin of 7.10% and a return on equity of 15.70%. The business had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.64 billion. During the same period last year, the company earned $1.94 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. Equities analysts predict that Universal Health Services, Inc. will post $7.93 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.35%. The ex-dividend date is Wednesday, August 30th. Universal Health Services’s payout ratio is 5.44%.
Universal Health Services Company Profile
Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.
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