In the newest buying and selling session, UnitedHealth Group (UNH) closed at $401.74, marking a +0.37% transfer from the day gone by. This transfer outpaced the S&P 500’s every day acquire of 0.02%.
Previous to right this moment’s buying and selling, shares of the biggest U.S. well being insurer had misplaced 4.9% over the previous month. This has lagged the Medical sector’s acquire of 1.17% and the S&P 500’s acquire of 0.04% in that point.
Wall Road will probably be in search of positivity from UNH because it approaches its subsequent earnings report date. In that report, analysts count on UNH to submit earnings of $4.40 per share. This might mark 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.
UNH’s full-year Zacks Consensus Estimates are calling for earnings of $18.61 per share and income of $282.16 billion. These outcomes would characterize year-over-year adjustments of +10.25% and +9.73%, respectively.
Traders may also discover current adjustments to analyst estimates for UNH. These revisions usually mirror the newest short-term enterprise developments, which might change steadily. Consequently, we are able to interpret constructive estimate revisions as an excellent signal for the corporate’s enterprise outlook.
Based mostly on our analysis, we imagine these estimate revisions are immediately associated to near-team inventory strikes. To learn from this, we have now developed the Zacks Rank, a proprietary mannequin which takes these estimate adjustments under consideration and offers an actionable score system.
The Zacks Rank system ranges from #1 (Sturdy Purchase) to #5 (Sturdy Promote). It has a exceptional, outside-audited monitor file of success, with #1 shares delivering a median annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.04% greater inside the previous month. UNH is at present sporting a Zacks Rank of #3 (Maintain).
When it comes to valuation, UNH is at present buying and selling at a Ahead P/E ratio of 21.51. For comparability, its trade has a median Ahead P/E of 18.39, which implies UNH is buying and selling at a premium to the group.
Additionally, we must always point out that UNH has a PEG ratio of 1.62. This standard metric is much like the widely-known P/E ratio, with the distinction being that the PEG ratio additionally takes under consideration the corporate’s anticipated earnings progress charge. The Medical – HMOs was holding a median PEG ratio of 1.2 at yesterday’s closing worth.
The Medical – HMOs trade is a part of the Medical sector. This trade at present has a Zacks Business Rank of 50, which places it within the prime 20% of all 250+ industries.
The Zacks Business Rank consists of is listed so as from finest to worst when it comes to the typical Zacks Rank of the person corporations inside every of those sectors. Our analysis reveals 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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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.