Universal Health Services (NYSE:UHS) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Universal Health Services (NYSE:UHS) announced its quarterly earnings data on Tuesday. The health services provider reported $5.22 EPS for the quarter, beating analysts’ consensus estimates of $5.19 by $0.03, Zacks reports. Universal Health Services had a return on equity of 19.39% and a net margin of 8.42%.

Universal Health Services Stock Down 4.5%

UHS stock traded down $8.39 on Tuesday, reaching $177.32. 1,137,656 shares of the company traded hands, compared to its average volume of 832,813. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.12 and a quick ratio of 1.04. The firm has a fifty day simple moving average of $177.10 and a 200-day simple moving average of $177.97. Universal Health Services has a one year low of $140.08 and a one year high of $246.32. The company has a market cap of $10.45 billion, a P/E ratio of 7.22, a price-to-earnings-growth ratio of 1.17 and a beta of 1.03.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on UHS. Guggenheim decreased their price target on Universal Health Services from $195.00 to $189.00 and set a “buy” rating for the company in a report on Wednesday, July 29th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $183.00 price objective on shares of Universal Health Services in a report on Thursday, August 20th. Leerink Partners upped their target price on shares of Universal Health Services from $198.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, September 18th. Cantor Fitzgerald restated a “neutral” rating on shares of Universal Health Services in a research report on Friday, October 2nd. Finally, The Goldman Sachs Group reduced their target price on shares of Universal Health Services from $242.00 to $190.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $204.94.

Universal Health Services Company Profile

Universal Health Services, Inc (NYSE: UHS) is a healthcare services company that owns and operates hospitals, outpatient facilities and other healthcare providers. Its operations are focused primarily on acute care and behavioral health services.

The company’s acute care operations include general and specialty hospitals, ambulatory surgery centers, emergency departments, physician practices and other outpatient services. Its behavioral health business provides inpatient and outpatient treatment for mental health conditions, substance-use disorders and related needs.

Universal Health Services serves patients across the United States and Puerto Rico, with additional behavioral health operations in the United Kingdom.