Universal Health Services (UHS) Projected to Post Quarterly Earnings on Wednesday

Universal Health Services (NYSE:UHS) is projected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $4.21 per share and revenue of $4.01 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Universal Health Services Stock Performance

NYSE:UHS opened at $179.93 on Monday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.39 and a quick ratio of 1.28. The firm has a 50-day moving average of $184.27 and a two-hundred day moving average of $206.09. The stock has a market cap of $11.87 billion, a P/E ratio of 11.96, a PEG ratio of 0.53 and a beta of 1.30. Universal Health Services has a 1-year low of $152.68 and a 1-year high of $243.25.

Universal Health Services Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.80 annualized dividend and a dividend yield of 0.44%. Universal Health Services’s payout ratio is 5.32%.

Insider Buying and Selling at Universal Health Services

In other Universal Health Services news, Director Maria Ruderman Singer sold 1,614 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $191.15, for a total value of $308,516.10. Following the sale, the director now owns 5,879 shares in the company, valued at approximately $1,123,770.85. This trade represents a 21.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. TD Cowen reduced their price target on shares of Universal Health Services from $275.00 to $251.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. Bank of America assumed coverage on shares of Universal Health Services in a research report on Wednesday, November 6th. They set a “neutral” rating and a $223.00 price target on the stock. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $226.00 price target on shares of Universal Health Services in a research report on Tuesday, December 17th. Cantor Fitzgerald raised shares of Universal Health Services from a “neutral” rating to an “overweight” rating in a research report on Monday, February 3rd. Finally, Royal Bank of Canada reduced their price target on shares of Universal Health Services from $222.00 to $211.00 and set a “sector perform” rating on the stock in a research report on Monday, October 28th. Six investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $226.14.

About Universal Health Services

Universal Health Services, Inc, through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities. It operates through Acute Care Hospital Services and Behavioral Health Care Services segments. The company's 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.