Brokerages predict that Universal Health Services, Inc. (NYSE:UHS) will announce $2.81 billion in sales for the current quarter, according to Zacks. Seven analysts have issued estimates for Universal Health Services’ earnings, with the highest sales estimate coming in at $2.83 billion and the lowest estimate coming in at $2.78 billion. Universal Health Services reported sales of $2.68 billion in the same quarter last year, which indicates a positive year-over-year growth rate of 4.9%. The business is expected to announce its next quarterly earnings results on Wednesday, July 24th.

According to Zacks, analysts expect that Universal Health Services will report full year sales of $11.26 billion for the current fiscal year, with estimates ranging from $11.19 billion to $11.33 billion. For the next fiscal year, analysts expect that the company will post sales of $11.83 billion, with estimates ranging from $11.63 billion to $12.09 billion. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Universal Health Services.

Universal Health Services (NYSE:UHS) last issued its earnings results on Thursday, April 25th. The health services provider reported $2.45 earnings per share for the quarter, missing the Zacks’ consensus estimate of $2.62 by ($0.17). The business had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.82 billion. Universal Health Services had a return on equity of 16.21% and a net margin of 7.26%. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the company posted $2.45 earnings per share.

Several equities analysts have recently commented on the stock. Citigroup upped their price target on shares of Universal Health Services from $140.00 to $164.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. Barclays lowered their price target on shares of Universal Health Services from $136.00 to $130.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 17th. JPMorgan Chase & Co. lowered shares of Universal Health Services from an “overweight” rating to a “neutral” rating and set a $147.00 price target for the company. in a research report on Monday, March 4th. They noted that the move was a valuation call. Robert W. Baird upped their price target on shares of Universal Health Services from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, February 28th. Finally, UBS Group reiterated a “buy” rating and issued a $151.00 target price on shares of Universal Health Services in a research report on Friday, June 7th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $143.53.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio lifted its holdings in Universal Health Services by 24.1% in the 4th quarter. Public Employees Retirement System of Ohio now owns 38,874 shares of the health services provider’s stock valued at $4,531,000 after acquiring an additional 7,540 shares during the last quarter. AJO LP acquired a new stake in Universal Health Services in the 1st quarter valued at about $2,626,000. State of Alaska Department of Revenue lifted its holdings in Universal Health Services by 5.9% in the 1st quarter. State of Alaska Department of Revenue now owns 28,078 shares of the health services provider’s stock valued at $3,754,000 after acquiring an additional 1,573 shares during the last quarter. Colony Group LLC acquired a new stake in Universal Health Services in the 4th quarter valued at about $255,000. Finally, Acadian Asset Management LLC lifted its holdings in Universal Health Services by 7.8% in the 1st quarter. Acadian Asset Management LLC now owns 1,013,712 shares of the health services provider’s stock valued at $135,606,000 after acquiring an additional 73,461 shares during the last quarter. Hedge funds and other institutional investors own 86.96% of the company’s stock.

Shares of Universal Health Services stock traded up $0.94 during trading on Friday, hitting $123.94. 22,301 shares of the stock were exchanged, compared to its average volume of 729,772. The firm has a market capitalization of $11.15 billion, a P/E ratio of 12.89, a P/E/G ratio of 1.32 and a beta of 1.03. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.09 and a current ratio of 1.18. Universal Health Services has a 12 month low of $109.37 and a 12 month high of $142.21.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 3rd will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $0.40 dividend on an annualized basis and a yield of 0.32%. Universal Health Services’s dividend payout ratio is presently 4.20%.

Universal Health Services Company Profile

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, outpatient facilities, and behavioral health care facilities. The company operates through Acute Care Hospital Services, Behavioral Health Care Services, and Other segments. Its hospital offer general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services, and/or behavioral health services.

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Earnings History and Estimates for Universal Health Services (NYSE:UHS)

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