Positive Media Coverage Somewhat Unlikely to Affect Universal Health Services (UHS) Stock Price
News stories about Universal Health Services (NYSE:UHS) have been trending positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Universal Health Services earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned news stories about the health services provider an impact score of 46.1020882487165 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Spirit AeroSystems Holdings, Inc. (SPR)- Institutional Investors … – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Rape allegations embroil Kingwood Pines psychiatric hospital in … – Houston Chronicle (houstonchronicle.com)
- Comparing Universal Health Services (UHS) & Fresenius Medical Care AG & Co. (FMS) (americanbankingnews.com)
A number of brokerages recently issued reports on UHS. Piper Jaffray Companies lowered shares of Universal Health Services from an “overweight” rating to a “neutral” rating and set a $147.00 price objective for the company. in a report on Wednesday, January 3rd. Goldman Sachs Group began coverage on shares of Universal Health Services in a report on Wednesday, January 3rd. They issued a “buy” rating and a $137.00 price objective for the company. Zacks Investment Research upgraded shares of Universal Health Services from a “sell” rating to a “hold” rating in a report on Tuesday, December 26th. Credit Suisse Group reiterated an “outperform” rating and issued a $135.00 price objective (up previously from $125.00) on shares of Universal Health Services in a report on Tuesday, December 19th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $134.00 price objective on shares of Universal Health Services in a report on Thursday, January 4th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company’s stock. Universal Health Services currently has a consensus rating of “Buy” and an average price target of $130.50.
Universal Health Services (NYSE:UHS) last released its quarterly earnings results on Wednesday, October 25th. The health services provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.76 by ($0.27). Universal Health Services had a return on equity of 15.13% and a net margin of 6.90%. The firm had revenue of $2.51 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same quarter in the previous year, the business posted $1.60 EPS. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. equities research analysts expect that Universal Health Services will post 7.35 EPS for the current fiscal year.
Universal Health Services declared that its board has initiated a stock repurchase program on Wednesday, November 15th that permits the company to buyback $400.00 million in shares. This buyback authorization permits the health services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are undervalued.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.40 annualized dividend and a yield of 0.34%. Universal Health Services’s payout ratio is 5.49%.
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Universal Health Services Company Profile
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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