Universal Health Services (UHS) to Release Quarterly Earnings on Monday

Universal Health Services (NYSE:UHSGet Rating) will be issuing its quarterly earnings data after the market closes on Monday, April 25th. Analysts expect the company to announce earnings of $2.47 per share for the quarter. Universal Health Services has set its FY 2022 guidance at $11.900-$12.900 EPS and its FY22 guidance at $11.90 to $12.90 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Universal Health Services (NYSE:UHSGet Rating) last posted its earnings results on Thursday, February 24th. The health services provider reported $2.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.83 by $0.12. The firm had revenue of $3.28 billion during the quarter, compared to analysts’ expectations of $3.13 billion. Universal Health Services had a net margin of 7.84% and a return on equity of 15.41%. The company’s revenue was up 6.1% compared to the same quarter last year. During the same period in the previous year, the company earned $3.59 earnings per share. On average, analysts expect Universal Health Services to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

NYSE UHS opened at $132.93 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.14 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $9.94 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 1.28 and a beta of 1.06. The company has a 50 day moving average price of $145.46 and a two-hundred day moving average price of $134.81. Universal Health Services has a 12-month low of $116.23 and a 12-month high of $165.00.

Universal Health Services announced that its board has initiated a share buyback plan on Thursday, February 24th that allows the company to repurchase $1.40 billion in shares. This repurchase authorization allows the health services provider to purchase up to 12.1% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Shareholders of record on Tuesday, March 1st were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date was Monday, February 28th. Universal Health Services’s dividend payout ratio (DPR) is presently 6.77%.

UHS has been the topic of a number of recent analyst reports. Mizuho lifted their price target on shares of Universal Health Services from $151.00 to $164.00 and gave the company a “buy” rating in a research report on Thursday, March 3rd. Citigroup lifted their price target on shares of Universal Health Services from $162.00 to $167.00 in a research report on Tuesday, March 1st. Seaport Res Ptn lowered shares of Universal Health Services from a “buy” rating to a “neutral” rating in a research report on Sunday, February 27th. SVB Leerink lifted their price target on shares of Universal Health Services from $136.00 to $139.00 and gave the company a “market perform” rating in a research report on Monday, February 28th. Finally, UBS Group lifted their price target on shares of Universal Health Services from $124.00 to $134.00 and gave the company a “sell” rating in a research report on Monday, March 7th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $154.58.

In other Universal Health Services news, Director Lawrence S. Gibbs sold 1,307 shares of the business’s stock in a transaction on Friday, March 11th. The shares were sold at an average price of $153.00, for a total value of $199,971.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Eileen C. Mcdonnell sold 296 shares of the business’s stock in a transaction on Monday, February 28th. The shares were sold at an average price of $141.17, for a total transaction of $41,786.32. The disclosure for this sale can be found here. Insiders own 13.40% of the company’s stock.

Several large investors have recently modified their holdings of the company. Metropolitan Life Insurance Co NY boosted its stake in shares of Universal Health Services by 12.2% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 8,316 shares of the health services provider’s stock valued at $1,078,000 after purchasing an additional 903 shares in the last quarter. Forum Financial Management LP acquired a new stake in shares of Universal Health Services in the 4th quarter valued at $229,000. Allstate Corp lifted its position in Universal Health Services by 705.9% during the 4th quarter. Allstate Corp now owns 12,846 shares of the health services provider’s stock worth $1,666,000 after buying an additional 11,252 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in Universal Health Services by 7.3% during the 4th quarter. Parametric Portfolio Associates LLC now owns 214,368 shares of the health services provider’s stock worth $27,795,000 after buying an additional 14,625 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in Universal Health Services by 325.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 26,907 shares of the health services provider’s stock worth $3,489,000 after buying an additional 20,578 shares in the last quarter. Institutional investors own 86.00% of the company’s stock.

Universal Health Services Company Profile (Get Rating)

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.

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Earnings History for Universal Health Services (NYSE:UHS)

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