UnitedHealth Group (UNH) Stock Moves -0.48%: What You Should Know
session, marking a -0.48% move from the prior day. This change was
narrower than the S&P 500's daily loss of 0.58%.
Coming into today, shares of the largest
lost 0.64% in the past month. In that same time, the Medical sector
lost 0.62%, while the S&P 500 gained 0.16%.
approaches its next earnings report date. On that day, UNH is
projected to report earnings of
represent year-over-year growth of 25.36%. Meanwhile, our latest
consensus estimate is calling for revenue of
9.61% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting
earnings of
would represent changes of +11.02% and +10.91%, respectively, from
the prior year.
Investors might also notice recent changes to analyst estimates
for UNH. Recent revisions tend to reflect the latest near-term
business trends. As such, positive estimate revisions reflect
analyst optimism about the company's business and
profitability.
Based on our research, we believe these estimate revisions are
directly related to near-team stock moves. Investors can capitalize
on this by using the Zacks Rank. This model considers these
estimate changes and provides a simple, actionable rating
system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong
Sell). It has a remarkable, outside-audited track record of
success, with #1 stocks delivering an average annual return of +25%
since 1988. The Zacks Consensus EPS estimate has moved 0.15% higher
within the past month. UNH currently has a Zacks Rank of #3
(Hold).
Investors should also note UNH's current valuation metrics,
including its Forward P/E ratio of 22.12. Its industry sports an
average Forward P/E of 19.04, so we one might conclude that UNH is
trading at a premium comparatively.
It is also worth noting that UNH currently has a PEG ratio of
1.67. The PEG ratio is similar to the widely-used P/E ratio, but
this metric also takes the company's expected earnings growth rate
into account. UNH's industry had an average PEG ratio of 1.1 as of
yesterday's close.
The Medical - HMOs industry is part of the Medical sector. This
group has a Zacks Industry Rank of 127, putting it in the top 50%
of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to
worst in terms of the average Zacks Rank of the individual
companies within each of these sectors. Our research shows that the
top 50% rated industries outperform the bottom half by a factor of
2 to 1.
To follow UNH in the coming trading sessions, be sure to utilize
Zacks.com.
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