Unitedhealth Group Inc (UNH) concluded trading on Wednesday at a closing price of $511.74, with 5.12 million shares of worth about $2.62 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.39% during that period and on Wednesday, January 31 the price saw a gain of about 1.61%. Currently the company’s common shares owned by public are about 934.00M shares, out of which, 923.30M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 164 times over the past 12 months. They bought 270,625 shares in 114 of the transactions. In 50 selling transactions, insiders dumped 340,455 shares.
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However, the stock later moved at a day high price of 515.00, or with a gain of 1.61%. Stock saw a price change of -0.29% in past 5 days and over the past one month there was a price change of -2.80%. Year-to-date (YTD), UNH shares are showing a performance of -2.80% which increased to 5.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $445.68 but also hit the highest price of $554.70 during that period. The average intraday trading volume for Unitedhealth Group Inc shares is 3.41 million. The stock is currently trading -2.04% below its 20-day simple moving average (SMA20), while that difference is down -3.66% for SMA50 and it goes to 1.06% higher than SMA200.
Unitedhealth Group Inc (NYSE: UNH) currently have 934.00M outstanding shares and institutions hold larger chunk of about 88.89% of that.
The stock has a current market capitalization of $473.32B and its 3Y-monthly beta is at 0.54. PE ratio of stock for trailing 12 months is 21.46, while it has posted earnings per share of $23.85 in the same period. Its PEG reads 1.69 while making debt-to-equity ratio of 0.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for UNH, volatility over the week remained 2.16% while standing at 2.09% over the month.
Analysts are in expectations that Unitedhealth Group Inc (UNH) stock would likely to be making an EPS of $6.77 in the current quarter, while forecast for next quarter EPS is $6.91 and it is $31.33 for next year. For the current quarter EPS, analysts have given the company a lowest target $6.64 which is $7.05 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $5.72 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 10.65% while it is estimated to increase by 12.64% in next year. EPS is likely to shrink at an annualized rate of 12.66% for next 5-years, compared to annual growth of 14.37% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on December 18, 2023 offering a Reduce rating for the stock and assigned a target price range of between $550 and $480 to it.
