Universal Health Services (NYSE:UHS) Price Target Raised to $249.00

Key Points

• Wells Fargo & Company has raised the price target for Universal Health Services from $210.00 to $249.00, indicating a potential upside of 17.36% from its previous close.
• Universal Health Services recently reported quarterly earnings of $5.35 per share, exceeding analysts' expectations by $0.50, with revenue of $4.28 billion for the quarter.
• Currently, four analysts rate the stock as a Buy, ten as Hold, and one as Sell, with a consensus target price of $217.08.

Universal Health Services (NYSE:UHS - Get Free Report) had its price objective increased by research analysts at Wells Fargo & Company from $210.00 to $249.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an "overweight" rating on the health services provider's stock. Wells Fargo & Company's target price points to a potential upside of 17.36% from the company's previous close.

Other analysts have also issued research reports about the stock. Royal Bank Of Canada lifted their price target on Universal Health Services from $201.00 to $206.00 and gave the company a "sector perform" rating in a research note on Tuesday, August 19th. Robert W. Baird cut their target price on Universal Health Services from $243.00 to $203.00 and set a "neutral" rating on the stock in a research report on Thursday, August 14th. UBS Group set a $227.00 price target on Universal Health Services in a research report on Wednesday, July 30th. Bank of America downgraded shares of Universal Health Services from a "neutral" rating to an "underperform" rating and cut their price objective for the stock from $215.00 to $185.00 in a report on Wednesday, July 16th. Finally, Cantor Fitzgerald restated a "neutral" rating and set a $227.00 price target on shares of Universal Health Services in a report on Tuesday. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Universal Health Services has a consensus rating of "Hold" and an average target price of $217.08.

Universal Health Services Trading Up 2.6%

Shares of UHS traded up $5.33 during mid-day trading on Tuesday, reaching $212.17. 89,905 shares of the company were exchanged, compared to its average volume of 817,833. The stock has a market capitalization of $13.50 billion, a PE ratio of 11.17, a PEG ratio of 0.85 and a beta of 1.30. The business has a 50 day simple moving average of $184.38 and a two-hundred day simple moving average of $181.25. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.19 and a current ratio of 1.29. Universal Health Services has a 52 week low of $152.33 and a 52 week high of $240.26.

Universal Health Services (NYSE:UHS - Get Free Report) last issued its quarterly earnings results on Monday, July 28th. The health services provider reported $5.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.85 by $0.50. The firm had revenue of $4.28 billion for the quarter, compared to analyst estimates of $4.24 billion. Universal Health Services had a return on equity of 18.25% and a net margin of 7.66%.The company's revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.31 earnings per share. Universal Health Services has set its FY 2025 guidance at 20.000-21.000 EPS. On average, analysts predict that Universal Health Services will post 15.92 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Universal Health Services

Institutional investors have recently bought and sold shares of the stock. CYBER HORNET ETFs LLC bought a new stake in Universal Health Services during the 2nd quarter valued at $29,000. Zions Bancorporation National Association UT bought a new stake in Universal Health Services during the 1st quarter valued at approximately $30,000. MUFG Securities EMEA plc purchased a new position in shares of Universal Health Services during the 2nd quarter worth approximately $31,000. First Horizon Advisors Inc. raised its position in shares of Universal Health Services by 347.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 188 shares of the health services provider's stock worth $34,000 after acquiring an additional 146 shares in the last quarter. Finally, Huntington National Bank lifted its stake in shares of Universal Health Services by 240.0% in the 2nd quarter. Huntington National Bank now owns 204 shares of the health services provider's stock valued at $37,000 after purchasing an additional 144 shares during the period. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

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.

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