UnitedHealth Group (UNH) closed the newest buying and selling day at $405.85, transferring -0.21% from the earlier buying and selling session. This modification lagged the S&P 500’s every day acquire of 0.15%.
Previous to at present’s buying and selling, shares of the biggest U.S. well being insurer had misplaced 1.12% over the previous month. This has lagged the Medical sector’s lack of 0.54% and the S&P 500’s acquire of 0.58% in that point.
Wall Road will likely be in search of positivity from UNH because it approaches its subsequent earnings report date. On that day, UNH is projected to report earnings of $4.40 per share, which might characterize a year-over-year decline of 38.2%. In the meantime, our newest consensus estimate is asking for income of $69.55 billion, up 11.92% from the prior-year quarter.
For the total yr, our Zacks Consensus Estimates are projecting earnings of $18.61 per share and income of $282.16 billion, which might characterize modifications of +10.25% and +9.73%, respectively, from the prior yr.
Traders may additionally discover latest modifications to analyst estimates for UNH. These latest revisions are likely to replicate the evolving nature of short-term enterprise traits. In consequence, we will interpret constructive estimate revisions as signal for the corporate’s enterprise outlook.
Our analysis exhibits that these estimate modifications are straight correlated with near-term inventory costs. To learn from this, now we have developed the Zacks Rank, a proprietary mannequin which takes these estimate modifications under consideration and gives an actionable score system.
Starting from #1 (Robust Purchase) to #5 (Robust Promote), the Zacks Rank system has a confirmed, outside-audited monitor file of outperformance, with #1 shares returning a median of +25% yearly since 1988. Throughout the previous 30 days, our consensus EPS projection has moved 0.04% greater. UNH at present has a Zacks Rank of #3 (Maintain).
its valuation, UNH is holding a Ahead P/E ratio of 21.86. This valuation marks a premium in comparison with its business’s common Ahead P/E of 18.9.
Additionally, we must always point out that UNH has a PEG ratio of 1.71. This metric is used equally to the well-known P/E ratio, however the PEG ratio additionally takes under consideration the inventory’s anticipated earnings progress charge. Medical – HMOs shares are, on common, holding a PEG ratio of 1.23 based mostly on yesterday’s closing costs.
The Medical – HMOs business is a part of the Medical sector. This group has a Zacks Trade Rank of 67, placing it within the high 27% of all 250+ industries.
The Zacks Trade Rank gauges the energy of our particular person business teams by measuring the typical Zacks Rank of the person shares throughout the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
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UnitedHealth Group Integrated (UNH): Free Inventory Evaluation Report
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