Wall Street brokerages expect Universal Health Services, Inc. (NYSE:UHS) to report earnings per share of $2.59 for the current quarter, according to Zacks. Six analysts have issued estimates for Universal Health Services’ earnings, with the highest EPS estimate coming in at $2.64 and the lowest estimate coming in at $2.54. Universal Health Services reported earnings per share of $2.10 in the same quarter last year, which would suggest a positive year over year growth rate of 23.3%. The company is scheduled to issue its next earnings report on Tuesday, April 24th.
On average, analysts expect that Universal Health Services will report full year earnings of $9.56 per share for the current financial year, with EPS estimates ranging from $9.32 to $9.82. For the next financial year, analysts expect that the firm will report earnings of $10.39 per share, with EPS estimates ranging from $10.06 to $10.78. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Universal Health Services.
Universal Health Services (NYSE:UHS) last released its earnings results on Wednesday, February 28th. The health services provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.16. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.64 billion. Universal Health Services had a return on equity of 15.06% and a net margin of 7.23%. Universal Health Services’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.80 earnings per share.
Universal Health Services (NYSE:UHS) traded down $2.39 during mid-day trading on Thursday, hitting $123.89. The stock had a trading volume of 809,052 shares, compared to its average volume of 866,387. The company has a market capitalization of $11,939.99, a price-to-earnings ratio of 15.86, a PEG ratio of 1.22 and a beta of 0.92. The company has a current ratio of 0.97, a quick ratio of 0.90 and a debt-to-equity ratio of 0.69. Universal Health Services has a 52 week low of $95.26 and a 52 week high of $128.49.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.32%. The ex-dividend date of this dividend is Wednesday, February 28th. Universal Health Services’s dividend payout ratio (DPR) is 5.12%.
Universal Health Services declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, November 15th that permits the company to buyback $400.00 million in shares. This buyback authorization permits the health services provider to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.
Several large investors have recently bought and sold shares of the business. Xact Kapitalforvaltning AB lifted its position in shares of Universal Health Services by 7.3% during the fourth quarter. Xact Kapitalforvaltning AB now owns 15,648 shares of the health services provider’s stock worth $1,774,000 after acquiring an additional 1,059 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp lifted its position in shares of Universal Health Services by 50.7% during the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 81,400 shares of the health services provider’s stock worth $9,227,000 after acquiring an additional 27,400 shares in the last quarter. MetLife Investment Advisors LLC purchased a new stake in shares of Universal Health Services during the fourth quarter worth $3,073,000. Gotham Asset Management LLC lifted its position in shares of Universal Health Services by 23.6% during the fourth quarter. Gotham Asset Management LLC now owns 97,339 shares of the health services provider’s stock worth $11,033,000 after acquiring an additional 18,557 shares in the last quarter. Finally, Redmile Group LLC purchased a new stake in shares of Universal Health Services during the fourth quarter worth $24,608,000. Hedge funds and other institutional investors own 87.57% of the company’s stock.
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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