Equities analysts expect Universal Health Services, Inc. (NYSE:UHS) to announce $2.59 billion in sales for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Universal Health Services’ earnings, with estimates ranging from $2.56 billion to $2.62 billion. Universal Health Services posted sales of $2.41 billion in the same quarter last year, which would indicate a positive year over year growth rate of 7.5%. The firm is expected to report its next quarterly earnings results on Wednesday, October 25th.

On average, analysts expect that Universal Health Services will report full year sales of $2.59 billion for the current fiscal year, with estimates ranging from $10.46 billion to $10.60 billion. For the next year, analysts anticipate that the firm will report sales of $11.02 billion per share, with estimates ranging from $10.92 billion to $11.14 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that cover Universal Health Services.

Universal Health Services (NYSE:UHS) last announced its earnings results on Tuesday, July 25th. The health services provider reported $1.94 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.06 by $0.12. The company had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.64 billion. Universal Health Services had a net margin of 7.10% and a return on equity of 15.49%. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.94 EPS.

Several equities analysts recently issued reports on the company. Piper Jaffray Companies reissued a “buy” rating and issued a $134.00 target price on shares of Universal Health Services in a research report on Friday, July 28th. Citigroup Inc. cut their target price on Universal Health Services from $131.00 to $126.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 26th. Morgan Stanley assumed coverage on Universal Health Services in a research report on Tuesday, June 6th. They issued an “equal weight” rating and a $124.00 target price on the stock. Zacks Investment Research raised Universal Health Services from a “hold” rating to a “buy” rating and set a $137.00 target price on the stock in a research report on Tuesday, July 4th. Finally, BidaskClub raised Universal Health Services from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 29th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. Universal Health Services currently has a consensus rating of “Hold” and a consensus price target of $135.90.

Universal Health Services (UHS) traded up 0.12% on Friday, reaching $109.07. The company’s stock had a trading volume of 748,890 shares. Universal Health Services has a 12-month low of $99.72 and a 12-month high of $129.74. The stock has a market cap of $10.43 billion, a PE ratio of 14.83 and a beta of 1.06. The company’s 50 day moving average price is $113.94 and its 200-day moving average price is $118.60.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.37%. The ex-dividend date is Wednesday, August 30th. Universal Health Services’s payout ratio is 5.44%.

A number of large investors have recently bought and sold shares of the stock. Creative Planning raised its stake in Universal Health Services by 1.5% in the first quarter. Creative Planning now owns 1,125 shares of the health services provider’s stock valued at $140,000 after buying an additional 17 shares during the last quarter. Bank of Montreal Can raised its stake in Universal Health Services by 1.7% in the first quarter. Bank of Montreal Can now owns 85,992 shares of the health services provider’s stock valued at $10,702,000 after buying an additional 1,401 shares during the last quarter. Nationwide Fund Advisors raised its stake in Universal Health Services by 0.5% in the first quarter. Nationwide Fund Advisors now owns 150,957 shares of the health services provider’s stock valued at $18,787,000 after buying an additional 825 shares during the last quarter. Mn Services Vermogensbeheer B.V. raised its stake in Universal Health Services by 5.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 2,391 shares of the health services provider’s stock valued at $278,000 after buying an additional 118 shares during the last quarter. Finally, Korea Investment CORP raised its stake in Universal Health Services by 4.0% in the first quarter. Korea Investment CORP now owns 29,346 shares of the health services provider’s stock valued at $3,652,000 after buying an additional 1,140 shares during the last quarter. 85.26% of the stock is currently owned by institutional investors.

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About Universal Health Services

Universal Health Services, Inc is a holding company. The Company’s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities, and behavioral healthcare facilities. The Company’s segments include Acute Care Hospital Services, Behavioral Health Services and Other.

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

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