$2.01 EPS Expected for Universal Health Services, Inc. Class B (UHS) This Quarter

Equities research analysts predict that Universal Health Services, Inc. Class B (NYSE:UHS) will post earnings per share of $2.01 for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Universal Health Services, Inc. Class B’s earnings, with estimates ranging from $1.88 to $2.11. Universal Health Services, Inc. Class B posted earnings of $1.64 per share in the same quarter last year, which would indicate a positive year over year growth rate of 22.6%. The firm is expected to report its next quarterly earnings report on Wednesday, October 24th.

On average, analysts expect that Universal Health Services, Inc. Class B will report full year earnings of $9.51 per share for the current financial year, with EPS estimates ranging from $9.43 to $9.64. For the next year, analysts anticipate that the business will post earnings of $10.29 per share, with EPS estimates ranging from $9.78 to $10.56. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Universal Health Services, Inc. Class B.

Universal Health Services, Inc. Class B (NYSE:UHS) last issued its quarterly earnings data on Wednesday, July 25th. The health services provider reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.39 by $0.08. The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations 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 firm’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.94 EPS.

A number of analysts recently issued reports on UHS shares. Barclays started coverage on Universal Health Services, Inc. Class B in a report on Tuesday, August 14th. They set an “equal weight” rating and a $135.00 price objective on the stock. Zacks Investment Research cut Universal Health Services, Inc. Class B from a “hold” rating to a “sell” rating in a report on Saturday, June 30th. BMO Capital Markets cut 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. ValuEngine raised Universal Health Services, Inc. Class B from a “sell” rating to a “hold” rating in a report on Thursday, July 26th. Finally, Bank of America raised Universal Health Services, Inc. Class B from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $128.00 to $155.00 in a report on Tuesday, September 18th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Universal Health Services, Inc. Class B presently has an average rating of “Buy” and an average price target of $135.27.

UHS traded up $0.19 during trading on Friday, reaching $125.30. 406,217 shares of the company were exchanged, compared to its average volume of 786,907. The stock has a market capitalization of $11.93 billion, a price-to-earnings ratio of 16.64, a price-to-earnings-growth ratio of 1.20 and a beta of 0.83. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.20 and a current ratio of 1.30. Universal Health Services, Inc. Class B has a 12-month low of $95.26 and a 12-month high of $132.63.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in UHS. FMR LLC increased its stake in Universal Health Services, Inc. Class B by 16.9% in the 2nd quarter. FMR LLC now owns 4,123,674 shares of the health services provider’s stock worth $459,542,000 after acquiring an additional 596,965 shares during the last quarter. Epoch Investment Partners Inc. increased its position in shares of Universal Health Services, Inc. Class B by 73.1% during the 1st quarter. Epoch Investment Partners Inc. now owns 925,350 shares of the health services provider’s stock valued at $109,571,000 after purchasing an additional 390,659 shares during the last quarter. Schroder Investment Management Group increased its position in shares of Universal Health Services, Inc. Class B by 59.6% during the 2nd quarter. Schroder Investment Management Group now owns 871,479 shares of the health services provider’s stock valued at $54,485,000 after purchasing an additional 325,354 shares during the last quarter. Amundi Pioneer Asset Management Inc. increased its position in shares of Universal Health Services, Inc. Class B by 390.7% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 372,297 shares of the health services provider’s stock valued at $44,083,000 after purchasing an additional 296,429 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Universal Health Services, Inc. Class B during the 2nd quarter valued at about $31,649,000. Institutional investors and hedge funds own 87.38% of the company’s stock.

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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