Universal Health Services, Inc. Class B (UHS) Expected to Announce Quarterly Sales of $2.68 Billion


Analysts expect Universal Health Services, Inc. Class B (NYSE:UHS) to announce sales of $2.68 billion for the current fiscal quarter, according to Zacks. Six analysts have made estimates for Universal Health Services, Inc. Class B’s earnings. The lowest sales estimate is $2.59 billion and the highest is $2.75 billion. Universal Health Services, Inc. Class B reported sales of $2.54 billion during the same quarter last year, which indicates a positive year over year growth rate of 5.5%. The company is scheduled to report its next earnings report on Wednesday, October 24th.


According to Zacks, analysts expect that Universal Health Services, Inc. Class B will report full-year sales of $10.82 billion for the current fiscal year, with estimates ranging from $10.60 billion to $10.95 billion. For the next fiscal year, analysts anticipate that the business will post sales of $11.36 billion per share, with estimates ranging from $11.11 billion to $11.59 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that follow Universal Health Services, Inc. Class B.

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


Several analysts have issued reports on UHS shares. BMO Capital Markets downgraded Universal Health Services, Inc. Class B from an “outperform” rating to a “market perform” rating and set a $130.00 price objective on the stock. in a report on Wednesday, August 1st. TheStreet upgraded Universal Health Services, Inc. Class B from a “c+” rating to a “b” rating in a report on Monday, July 23rd. Zacks Investment Research upgraded Universal Health Services, Inc. Class B from a “hold” rating to a “buy” rating and set a $139.00 price objective on the stock in a report on Monday, August 6th. Morgan Stanley boosted their price objective on Universal Health Services, Inc. Class B from $120.00 to $122.00 and gave the stock an “equal weight” rating in a report on Friday, July 27th. Finally, Goldman Sachs Group downgraded Universal Health Services, Inc. Class B from a “buy” rating to a “neutral” rating and set a $120.00 price objective on the stock. in a report on Wednesday, July 18th. Eight research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $135.06.


Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its holdings in shares of Universal Health Services, Inc. Class B by 1.0% in the 2nd quarter. BlackRock Inc. now owns 6,529,283 shares of the health services provider’s stock valued at $727,623,000 after purchasing an additional 63,817 shares during the period. Regentatlantic Capital LLC increased its holdings in shares of Universal Health Services, Inc. Class B by 7.0% in the 2nd quarter. Regentatlantic Capital LLC now owns 6,944 shares of the health services provider’s stock valued at $774,000 after purchasing an additional 455 shares during the period. Municipal Employees Retirement System of Michigan increased its holdings in shares of Universal Health Services, Inc. Class B by 181.6% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,420 shares of the health services provider’s stock valued at $715,000 after purchasing an additional 4,140 shares during the period. Swiss National Bank increased its holdings in shares of Universal Health Services, Inc. Class B by 2.4% in the 2nd quarter. Swiss National Bank now owns 340,300 shares of the health services provider’s stock valued at $37,923,000 after purchasing an additional 8,100 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in shares of Universal Health Services, Inc. Class B by 7.4% in the 1st quarter. Principal Financial Group Inc. now owns 345,153 shares of the health services provider’s stock valued at $40,869,000 after purchasing an additional 23,729 shares during the period. Institutional investors own 87.35% of the company’s stock.


NYSE UHS traded up $0.60 on Friday, hitting $126.75. 470,600 shares of the company were exchanged, compared to its average volume of 801,184. 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 company has a market cap of $11.93 billion, a PE ratio of 16.83, a PEG ratio of 1.20 and a beta of 0.86. Universal Health Services, Inc. Class B has a twelve month low of $95.26 and a twelve month high of $132.63.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 17th. Stockholders of record on Tuesday, September 4th were issued a $0.10 dividend. The ex-dividend date was Friday, August 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.32%. Universal Health Services, Inc. Class B’s dividend payout ratio is 5.31%.


About Universal Health Services, Inc. Class B

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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