TheStreet upgraded shares of Universal Health Services (NYSE:UHS) from a c+ rating to a b rating in a report published on Monday morning, TheStreetRatingsTable reports.
Several other research analysts have also recently issued reports on UHS. Barclays raised Universal Health Services from an equal weight rating to an overweight rating and set a $138.00 target price on the stock in a research report on Tuesday, June 9th. ValuEngine downgraded Universal Health Services from a hold rating to a sell rating in a research note on Monday, August 3rd. Piper Sandler raised their price objective on Universal Health Services from $113.00 to $117.00 and gave the stock a neutral rating in a research note on Wednesday, July 29th. Credit Suisse Group lifted their target price on Universal Health Services from $139.00 to $140.00 and gave the company an outperform rating in a research note on Wednesday, July 29th. Finally, Mizuho decreased their target price on Universal Health Services from $136.00 to $130.00 and set a buy rating on the stock in a research note on Friday, May 29th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. Universal Health Services has a consensus rating of Hold and a consensus target price of $137.33.
Shares of NYSE:UHS opened at $121.49 on Monday. The stock has a market capitalization of $10.32 billion, a price-to-earnings ratio of 14.33, a PEG ratio of 1.50 and a beta of 1.09. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.94 and a current ratio of 1.02. The stock’s 50-day simple moving average is $111.56 and its two-hundred day simple moving average is $102.96. Universal Health Services has a 52-week low of $65.20 and a 52-week high of $153.64.
Universal Health Services (NYSE:UHS) last announced its earnings results on Monday, July 27th. The health services provider reported $2.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $2.20. The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.47 billion. Universal Health Services had a return on equity of 14.75% and a net margin of 6.53%. The business’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period last year, the firm posted $2.76 earnings per share. As a group, equities analysts forecast that Universal Health Services will post 9.41 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in UHS. CWM Advisors LLC bought a new stake in Universal Health Services in the 1st quarter worth approximately $37,000. Private Advisor Group LLC bought a new stake in Universal Health Services in the 2nd quarter worth approximately $46,000. Tompkins Financial Corp bought a new stake in Universal Health Services in the 2nd quarter worth approximately $55,000. Bessemer Group Inc. increased its stake in Universal Health Services by 108.7% in the 2nd quarter. Bessemer Group Inc. now owns 597 shares of the health services provider’s stock worth $55,000 after acquiring an additional 311 shares during the last quarter. Finally, CSat Investment Advisory L.P. increased its stake in Universal Health Services by 105.0% in the 2nd quarter. CSat Investment Advisory L.P. now owns 779 shares of the health services provider’s stock worth $73,000 after acquiring an additional 399 shares during the last quarter. 83.18% of the stock is currently owned by institutional investors and hedge funds.
About Universal Health Services
Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.
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