Universal Health Services, Inc. (NYSE:UHS) had its price target lowered by equities research analysts at Credit Suisse Group from $126.00 to $125.00 in a report released on Friday. The brokerage presently has an “outperform” rating on the health services provider’s stock. Credit Suisse Group’s price objective would indicate a potential upside of 27.93% from the company’s current price.
Other analysts also recently issued research reports about the stock. Leerink Swann increased their price objective on shares of Universal Health Services from $130.00 to $132.00 and gave the company an “outperform” rating in a research report on Friday, September 22nd. Morgan Stanley lowered their price objective on shares of Universal Health Services from $120.00 to $114.00 and set an “equal weight” rating for the company in a research report on Thursday, August 17th. Zacks Investment Research raised shares of Universal Health Services from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. BMO Capital Markets began coverage on shares of Universal Health Services in a research report on Monday, October 16th. They issued an “outperform” rating and a $125.00 price objective for the company. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $147.00 price objective on shares of Universal Health Services in a research report on Tuesday, October 3rd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $127.79.
Shares of Universal Health Services (UHS) opened at $97.71 on Friday. The stock has a market cap of $9,545.41, a P/E ratio of 13.34, a P/E/G ratio of 2.27 and a beta of 0.95. Universal Health Services has a 1 year low of $96.84 and a 1 year high of $129.74. The company has a current ratio of 1.26, a quick ratio of 1.16 and a debt-to-equity ratio of 0.80.
Universal Health Services (NYSE:UHS) last posted its earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.76 by ($0.27). The business had revenue of $2.51 billion for the quarter, compared to analyst estimates of $2.60 billion. Universal Health Services had a return on equity of 15.13% and a net margin of 6.90%. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the company posted $1.60 EPS. analysts expect that Universal Health Services will post 7.36 earnings per share for the current year.
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A number of institutional investors and hedge funds have recently made changes to their positions in UHS. Creative Planning lifted its stake in Universal Health Services by 2.4% during the second quarter. Creative Planning now owns 1,152 shares of the health services provider’s stock worth $141,000 after purchasing an additional 27 shares during the last quarter. Grove Bank & Trust lifted its stake in Universal Health Services by 262.4% during the second quarter. Grove Bank & Trust now owns 1,196 shares of the health services provider’s stock worth $146,000 after purchasing an additional 866 shares during the last quarter. First Mercantile Trust Co. bought a new position in Universal Health Services during the second quarter worth $150,000. Seven Bridges Advisors LLC bought a new position in Universal Health Services during the second quarter worth $158,000. Finally, Stratos Wealth Partners LTD. lifted its stake in Universal Health Services by 1.3% during the second quarter. Stratos Wealth Partners LTD. now owns 1,644 shares of the health services provider’s stock worth $201,000 after purchasing an additional 21 shares during the last quarter. Hedge funds and other institutional investors own 85.33% 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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