Unitedhealth Group Inc (UNH) concluded trading on Wednesday at a closing price of $592.31, with 3.65 million shares of worth about $2.16 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 28.84% during that period and on October 02, 2024 the price saw a gain of about 1.54%. Currently the company’s common shares owned by public are about 924.00M shares, out of which, 921.62M shares are available for trading.
Stock saw a price change of 2.78% in past 5 days and over the past one month there was a price change of -1.06%. Year-to-date (YTD), UNH shares are showing a performance of 12.51% which increased to 15.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $436.38 but also hit the highest price of $607.94 during that period. The average intraday trading volume for Unitedhealth Group Inc shares is 3.36 million. The stock is currently trading 1.15% above its 20-day simple moving average (SMA20), while that difference is up 2.17% for SMA50 and it goes to 13.43% higher than SMA200.
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Unitedhealth Group Inc (NYSE: UNH) currently have 924.00M outstanding shares and institutions hold larger chunk of about 89.25% of that.
The stock has a current market capitalization of $546.95B and its 3Y-monthly beta is at 0.59. PE ratio of stock for trailing 12 months is 39.16, while it has posted earnings per share of $15.12 in the same period. Its PEG reads 3.16 while making debt-to-equity ratio of 0.84. 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 1.78% while standing at 1.92% over the month.
Stock’s fiscal year EPS is expected to rise by 10.27% while it is estimated to increase by 12.49% in next year. EPS is likely to shrink at an annualized rate of 12.38% 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 Jefferies on July 17, 2024 offering a Buy rating for the stock and assigned a target price range of between $481 and $647 to it. Coverage by RBC Capital Mkts stated Unitedhealth Group Inc (UNH) stock as an Outperform in their note to investors on July 17, 2024, suggesting a price target of $615 for the stock. On June 05, 2024, HSBC Securities Upgrade their recommendations, while on May 30, 2024, Robert W. Baird Initiated their ratings for the stock with a price target of $597. Stock get a Hold rating from HSBC Securities on April 04, 2024.
