Analysts Update Their Price Forecasts For Unitedhealth Group Inc (UNH)

Unitedhealth Group Inc (UNH) concluded trading on Tuesday at a closing price of $505.86, with 4.21 million shares of worth about $2.13 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.53% during that period and on December 31, 2024 the price saw a loss of about -0.38%. Currently the company’s common shares owned by public are about 923.00M shares, out of which, 918.18M shares are available for trading.

Stock saw a price change of -0.09% in past 5 days and over the past one month there was a price change of -17.10%. Year-to-date (YTD), UNH shares are showing a performance of -3.91% which decreased to -3.91% 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 $630.73 during that period. The average intraday trading volume for Unitedhealth Group Inc shares is 4.46 million. The stock is currently trading -4.20% below its 20-day simple moving average (SMA20), while that difference is down -10.26% for SMA50 and it goes to -6.20% lower than SMA200.

Unitedhealth Group Inc (NYSE: UNH) currently have 923.00M outstanding shares and institutions hold larger chunk of about 89.64% of that.

The stock has a current market capitalization of $463.76B and its 3Y-monthly beta is at 0.62. PE ratio of stock for trailing 12 months is 32.86, while it has posted earnings per share of $15.39 in the same period. Its PEG reads 2.53 while making debt-to-equity ratio of 0.83. 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 1.40% while standing at 3.13% over the month.

Stock’s fiscal year EPS is expected to rise by 9.93% while it is estimated to increase by 8.14% in next year. EPS is likely to shrink at an annualized rate of 13.00% for next 5-years, compared to annual growth of 14.37% made by the stock over the past 5-years.

Coverage by KeyBanc Capital Markets stated Unitedhealth Group Inc (UNH) stock as an Overweight in their note to investors on October 11, 2024, suggesting a price target of $675 for the stock. On July 17, 2024, Jefferies Upgrade their recommendations, while on July 17, 2024, RBC Capital Mkts Reiterated their ratings for the stock with a price target of $615. Stock get a Buy rating from HSBC Securities on June 05, 2024.

Most Popular

Related Posts