Universal Health Services, Inc. to Post FY2024 Earnings of $14.12 Per Share, Leerink Partnrs Forecasts (NYSE:UHS)

Universal Health Services, Inc. (NYSE:UHS) – Analysts at Leerink Partnrs increased their FY2024 EPS estimates for shares of Universal Health Services in a report released on Thursday, April 25th. Leerink Partnrs analyst W. Mayo now expects that the health services provider will post earnings of $14.12 per share for the year, up from their prior estimate of $13.83. The consensus estimate for Universal Health Services’ current full-year earnings is $13.47 per share. Leerink Partnrs also issued estimates for Universal Health Services’ Q4 2024 earnings at $3.98 EPS, Q1 2025 earnings at $4.04 EPS, Q3 2025 earnings at $3.24 EPS, Q4 2025 earnings at $4.03 EPS and FY2025 earnings at $15.44 EPS.

Universal Health Services (NYSE:UHS) last announced its quarterly earnings data on Wednesday, April 24th. The health services provider reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.14 by $0.56. Universal Health Services had a net margin of 5.57% and a return on equity of 13.34%. The company had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.78 billion. During the same quarter in the previous year, the company posted $2.34 EPS. The business’s revenue was up 10.8% compared to the same quarter last year.

A number of other equities analysts have also commented on UHS. StockNews.com raised shares of Universal Health Services from a “hold” rating to a “buy” rating in a research note on Monday, January 8th. UBS Group upped their price target on Universal Health Services from $152.00 to $177.00 and gave the company a “neutral” rating in a research report on Thursday, February 29th. Barclays lifted their target price on Universal Health Services from $181.00 to $189.00 and gave the company an “equal weight” rating in a research note on Friday. Citigroup increased their price target on shares of Universal Health Services from $170.00 to $193.00 and gave the stock a “buy” rating in a research report on Thursday, February 29th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Universal Health Services from $144.00 to $182.00 and gave the company a “neutral” rating in a report on Wednesday, March 13th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Universal Health Services presently has an average rating of “Moderate Buy” and an average target price of $182.64.

Universal Health Services Stock Performance

Shares of NYSE UHS opened at $169.12 on Monday. The stock’s fifty day simple moving average is $170.76 and its 200 day simple moving average is $154.00. The stock has a market capitalization of $11.37 billion, a price-to-earnings ratio of 14.33, a PEG ratio of 0.82 and a beta of 1.24. The company has a quick ratio of 1.28, a current ratio of 1.38 and a debt-to-equity ratio of 0.75. Universal Health Services has a 52-week low of $119.90 and a 52-week high of $183.61.

Institutional Investors Weigh In On Universal Health Services

Several institutional investors have recently bought and sold shares of UHS. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Universal Health Services during the 1st quarter worth about $32,000. EverSource Wealth Advisors LLC increased its position in shares of Universal Health Services by 42.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 267 shares of the health services provider’s stock worth $34,000 after purchasing an additional 80 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of Universal Health Services in the 1st quarter valued at approximately $36,000. Denali Advisors LLC bought a new position in Universal Health Services during the first quarter worth about $37,000. Finally, GAMMA Investing LLC acquired a new position in shares of Universal Health Services during the 4th quarter worth approximately $42,000. Institutional investors own 86.05% of the company’s stock.

Insider Activity at Universal Health Services

In related news, CFO Steve Filton sold 35,000 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $176.82, for a total transaction of $6,188,700.00. Following the sale, the chief financial officer now owns 68,785 shares of the company’s stock, valued at approximately $12,162,563.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 16.10% of the stock is currently owned by corporate insiders.

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.