In the last trading session, 1.04 million Unitedhealth Group Inc (NYSE:UNH) shares changed hands as the company’s beta touched 0.59. With the company’s per share price at $588.94 changed hands at $5.64 or 0.97% during last session, the market valuation stood at $543.84B. UNH’s last price was a discount, traded about -3.23% off its 52-week high of $607.94. The share price had its 52-week low at $436.38, which suggests the last value was 25.9% up since then. When we look at Unitedhealth Group Inc’s average trading volume, we note the 10-day average is 3.1 million shares, with the 3-month average coming to 3.36 million.
Analysts gave the Unitedhealth Group Inc (UNH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.26. If we narrow down to specifics, the data shows that 2 out of 28 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 2 recommended UNH as a Hold, 23 felt it is a Buy and 0 rated the stock as Underweight. Unitedhealth Group Inc’s EPS for the current quarter is expected to be 7.03.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Unitedhealth Group Inc (NYSE:UNH) trade information
Instantly UNH was in green as seen at the end of in last trading. With action 2.19%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 11.87%, with the 5-day performance at 2.19% in the green. However, in the 30-day time frame, Unitedhealth Group Inc (NYSE:UNH) is -1.63% down. Looking at the short shares, we see there were 8.55 million shares sold at short interest cover period of 3.4 days.
The consensus price target for the stock as assigned by Wall Street analysts is 572.6, meaning bulls need a downside of -2.85% from its current market value. According to analyst projections, UNH’s forecast low is 442 with 647 as the target high. To hit the forecast high, the stock’s price needs a -9.86% plunge from its current level, while the stock would need to tank 24.95% for it to hit the projected low.
Unitedhealth Group Inc (UNH) estimates and forecasts
Data shows that the Unitedhealth Group Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 28.10% over the past 6 months, a 10.23% in annual growth rate that is considerably higher than the industry average of -1.20%. Year-over-year growth is forecast to reach 16.60% up from the last financial year.
Consensus estimates given by 16 financial analysts project the company’s revenue in the current quarter to hit an average of 99.28B. 16 analysts are of the opinion that Unitedhealth Group Inc’s revenue for the current quarter will be 101.09B. The estimates for the next quarter sales put growth at 16.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.37%. The 2024 estimates are for Unitedhealth Group Inc earnings to increase by 10.27%, but the outlook for the next 5-year period is at 12.38% per year.
UNH Dividends
Unitedhealth Group Inc is expected to release its next quarterly earnings report on 2024-Oct-15. The 1.35% annual yield figure for the share gives it an annual dividend of 7.96. It is important to note, however, that the 1.35% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 1.35 per year.
Unitedhealth Group Inc (NYSE:UNH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.23% of Unitedhealth Group Inc shares while 89.35% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 89.56%. There are 89.35% institutions holding the Unitedhealth Group Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.1158% of the shares, roughly 83.95 million UNH shares worth $42.75 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.9735% or 73.43 million shares worth $37.39 billion as of 2024-06-30.
