Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. The company operates through Acute Care Hospital Services and Behavioral Health Care Services segments. Its 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. As of February 24, 2022, it owned and/or operated 363 inpatient facilities, and 40 outpatient and other facilities located in 39 states; Washington, D.C.; the United Kingdom; and Puerto Rico. The company also provides commercial health insurance services; and various management services, which include central purchasing, information, finance and control systems, facilities planning, physician recruitment, administrative personnel management, marketing, and public relations services. Universal Health Services, Inc. founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Analyst Ratings Changes
Several equities analysts recently commented on the stock. Mizuho decreased their price objective on shares of Universal Health Services from $153.00 to $121.00 and set a "buy" rating for the company in a research report on Friday, July 1st. SVB Leerink increased their price objective on shares of Universal Health Services from $103.00 to $111.00 and gave the company a "market perform" rating in a research report on Thursday, July 28th. Cowen decreased their price objective on shares of Universal Health Services to $119.00 in a research report on Tuesday, August 9th. Loop Capital assumed coverage on shares of Universal Health Services in a research report on Thursday, June 16th. They issued a "hold" rating and a $115.00 price objective for the company. Finally, Royal Bank of Canada decreased their price objective on shares of Universal Health Services from $149.00 to $130.00 in a research report on Wednesday, April 27th. Five investment analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $123.00.
Universal Health Services Stock Performance
Shares of NYSE:UHS traded down $3.35 during midday trading on Tuesday, reaching $108.44. 861,149 shares of the stock were exchanged, compared to its average volume of 759,324. The firm has a market cap of $7.91 billion, a price-to-earnings ratio of 11.04, a PEG ratio of 3.60 and a beta of 1.18. Universal Health Services has a twelve month low of $98.63 and a twelve month high of $158.28. The firm has a 50-day simple moving average of $107.66 and a two-hundred day simple moving average of $126.39. The company has a quick ratio of 1.12, a current ratio of 1.22 and a debt-to-equity ratio of 0.78.
Universal Health Services (NYSE:UHS - Get Rating) last issued its quarterly earnings data on Monday, July 25th. The health services provider reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.10 by $0.10. The business had revenue of $3.32 billion for the quarter, compared to analysts' expectations of $3.27 billion. Universal Health Services had a net margin of 5.94% and a return on equity of 12.88%. The business's revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the company earned $3.76 EPS. As a group, analysts anticipate that Universal Health Services will post 9.9 EPS for the current fiscal year.
Universal Health Services Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st will be paid a dividend of $0.20 per share. The ex-dividend date is Wednesday, August 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.74%. Universal Health Services's payout ratio is 8.15%.