For its fourth fiscal quarter (ending December 31), Universal Health Services Inc. (NYSE: UHS) has reported a 30% increase in E.P.S. from $2.45 a year ago to $3.19 in the current quarter. This performance was $0.28 better than the consensus estimate of $2.91. E.P.S. were $10.35 for the latest four quarters through December 31 versus $9.23 for the same period a year ago — an increase of 12%.
Recent Price Action
On 2/27/24, Universal Health Services Inc. (NYSE: UHS) stock rose modestly by 0.9%, closing at $165.79. Moreover, unusually high trading volume at 185% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 2.2% during the last week.
Current PriceTarget Research Rating
UHS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Universal Health Services has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Universal Health Services has a slightly positive Appreciation Score of 70 and a good Power Rating of 78, triggering the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
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