Zacks: Analysts Anticipate Universal Health Services, Inc. Class B (UHS) Will Post Earnings of $2.01 Per Share

Equities research analysts expect Universal Health Services, Inc. Class B (NYSE:UHS) to post $2.01 earnings per share for the current quarter, Zacks reports. Six analysts have made estimates for Universal Health Services, Inc. Class B’s earnings, with estimates ranging from $1.88 to $2.11. Universal Health Services, Inc. Class B posted earnings per share of $1.64 in the same quarter last year, which would indicate a positive year over year growth rate of 22.6%. The business is scheduled to issue its next quarterly earnings report on Wednesday, October 24th.

On average, analysts expect that Universal Health Services, Inc. Class B will report full year earnings of $9.51 per share for the current year, with EPS estimates ranging from $9.43 to $9.64. For the next financial year, analysts forecast that the company will post earnings of $10.29 per share, with EPS estimates ranging from $9.78 to $10.56. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Universal Health Services, Inc. Class B.

Universal Health Services, Inc. Class B (NYSE:UHS) last released its quarterly earnings data on Wednesday, July 25th. The health services provider reported $2.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.39 by $0.08. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.72 billion. Universal Health Services, Inc. Class B had a net margin of 7.68% and a return on equity of 15.74%. The company’s revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.94 earnings per share.

A number of equities research analysts have recently issued reports on UHS shares. Barclays started coverage on shares of Universal Health Services, Inc. Class B in a report on Tuesday, August 14th. They issued an “equal weight” rating and a $135.00 price target on the stock. Zacks Investment Research downgraded shares of Universal Health Services, Inc. Class B from a “hold” rating to a “sell” rating in a report on Saturday, June 30th. BMO Capital Markets downgraded shares of Universal Health Services, Inc. Class B from an “outperform” rating to a “market perform” rating and set a $130.00 price target on the stock. in a report on Wednesday, August 1st. ValuEngine raised shares of Universal Health Services, Inc. Class B from a “sell” rating to a “hold” rating in a report on Thursday, July 26th. Finally, Goldman Sachs Group downgraded shares of Universal Health Services, Inc. Class B from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a report on Wednesday, July 18th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $133.73.

Several hedge funds have recently bought and sold shares of UHS. Piedmont Investment Advisors LLC bought a new position in shares of Universal Health Services, Inc. Class B in the second quarter worth approximately $114,000. Point72 Asset Management L.P. bought a new position in shares of Universal Health Services, Inc. Class B in the second quarter worth approximately $123,000. Qube Research & Technologies Ltd increased its position in shares of Universal Health Services, Inc. Class B by 58.1% in the second quarter. Qube Research & Technologies Ltd now owns 1,175 shares of the health services provider’s stock worth $131,000 after purchasing an additional 432 shares during the last quarter. CENTRAL TRUST Co increased its position in shares of Universal Health Services, Inc. Class B by 40.6% in the second quarter. CENTRAL TRUST Co now owns 1,645 shares of the health services provider’s stock worth $183,000 after purchasing an additional 475 shares during the last quarter. Finally, Trust Department MB Financial Bank N A bought a new position in shares of Universal Health Services, Inc. Class B in the second quarter worth approximately $194,000. Institutional investors own 87.37% of the company’s stock.

Shares of Universal Health Services, Inc. Class B stock traded down $0.15 on Thursday, reaching $125.86. The stock had a trading volume of 485,972 shares, compared to its average volume of 530,843. Universal Health Services, Inc. Class B has a 1 year low of $95.26 and a 1 year high of $130.25. The company has a market cap of $11.58 billion, a price-to-earnings ratio of 16.71, a PEG ratio of 1.17 and a beta of 0.86. The company has a current ratio of 1.30, a quick ratio of 1.20 and a debt-to-equity ratio of 0.72.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 17th. Investors of record on Tuesday, September 4th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.32%. The ex-dividend date of this dividend is Friday, August 31st. Universal Health Services, Inc. Class B’s dividend payout ratio (DPR) is 5.31%.

Universal Health Services, Inc. Class B 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, Inc. Class B (NYSE:UHS)

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