Wall Street analysts expect Universal Health Services, Inc. (NYSE:UHS) to post earnings of $2.60 per share for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Universal Health Services’ earnings. The lowest EPS estimate is $2.54 and the highest is $2.73. Universal Health Services posted earnings of $2.45 per share during the same quarter last year, which suggests a positive year over year growth rate of 6.1%. The firm is scheduled to announce its next earnings results after the market closes on Thursday, April 25th.

According to Zacks, analysts expect that Universal Health Services will report full-year earnings of $10.01 per share for the current fiscal year, with EPS estimates ranging from $9.65 to $10.22. For the next fiscal year, analysts expect that the company will post earnings of $10.83 per share, with EPS estimates ranging from $10.27 to $11.56. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Universal Health Services.

Universal Health Services (NYSE:UHS) last released its earnings results on Wednesday, February 27th. The health services provider reported $2.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.34 by $0.03. Universal Health Services had a return on equity of 16.58% and a net margin of 7.24%. The company had revenue of $2.75 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the previous year, the business posted $2.00 EPS. The business’s revenue for the quarter was up 4.2% on a year-over-year basis.

Several research firms have weighed in on UHS. Zacks Investment Research cut Universal Health Services from a “hold” rating to a “sell” rating in a research note on Saturday, January 19th. Robert W. Baird lifted their target price on Universal Health Services from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday, February 28th. Barclays boosted their price target on Universal Health Services from $130.00 to $136.00 and gave the company an “equal weight” rating in a research note on Friday, March 1st. Mizuho set a $150.00 price target on Universal Health Services and gave the company a “buy” rating in a research note on Thursday, February 28th. Finally, Deutsche Bank boosted their price target on Universal Health Services from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, March 1st. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $144.73.

NYSE:UHS opened at $124.51 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.24 and a current ratio of 1.34. Universal Health Services has a fifty-two week low of $109.37 and a fifty-two week high of $142.21. The stock has a market cap of $13.62 billion, a price-to-earnings ratio of 13.07, a price-to-earnings-growth ratio of 1.14 and a beta of 1.11.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund boosted its position in Universal Health Services by 11,078.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,222,767 shares of the health services provider’s stock worth $28,000 after purchasing an additional 3,193,937 shares during the period. Bessemer Group Inc. boosted its position in Universal Health Services by 40.0% during the fourth quarter. Bessemer Group Inc. now owns 364 shares of the health services provider’s stock worth $43,000 after purchasing an additional 104 shares during the period. Financial Gravity Wealth Inc. bought a new stake in Universal Health Services during the first quarter worth approximately $49,000. Doyle Wealth Management bought a new stake in Universal Health Services during the fourth quarter worth approximately $58,000. Finally, MERIAN GLOBAL INVESTORS UK Ltd bought a new stake in Universal Health Services during the fourth quarter worth approximately $93,000. 76.04% of the stock is owned by institutional investors and hedge funds.

Universal Health Services Company Profile

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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