[Business Wire] – More than 200 injured veterans and their supporters will set off Sunday, March 23, on the UnitedHealthcare Ride 2 Recovery Texas Challenge, a seven-day, 490-mile rehabilitative rid
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UnitedHealth Group Incorporated (UNH), with a current market cap of $80.43B, opened this morning at $79.58.
Today’s price range has been between $79.43 and $81.57 per share and has traded between $54.23 and $81.57 over the past year.
UNH shares are currently priced at 13.73x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 33.68x forward p/e ratio.
The company pays shareholders $1.12 per share annually in dividends, yielding 1.50%.
Consensus earnings for the current quarter by the 22 sell-side analysts covering the stock is an estimate of $1.09 per share, which would be $0.07 worse than the year-ago quarter and a $0.10 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.59 would be a $0.09 better when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $32.52 Billion. If reported, that would be a 7.19% increase over the year-ago quarter.
More recently, Monness Crespi & Hardt downgraded UNH from Neutral to Sell (Jan 21, 2014). Previously, Deutsche Bank upgraded UNH from Hold to Buy.
With the above information in mind, readers should note that the average price target is $82.68, which is 3.90% above where the stock opened this morning.
Summary (NYSE:UNH) : UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The companys UnitedHealthcare segment offers consumer-oriented health benefit plans and services for large national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services; services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Childrens Health Insurance Program, and health care programs; and health services, including commercial health and dental benefits. This segment serves through a network of 820,000 physicians and other health care professionals, and approximately 6,000 hospitals and other facilities. Its OptumHealth segment provides health management services, integrated care delivery services, consumer engagement and relationship management, sales distribution platform services, and financial services. This segment serves individuals through programs offered by employers, payers, government entities, and directly with the care delivery systems. The companys OptumInsight segment offers software and information products, advisory consulting services, and business process outsourcing services to hospitals, physicians, commercial health plans, government agencies, life sciences companies, and other organizations. Its OptumRx segment provides pharmacy benefit management services and programs, including retail pharmacy network management; mail order and specialty pharmacy; manufacturer rebate contracting and administration; and benefit plan design and consultation; and claims processing services, as well as offers various formulary management and compliance, drug utilization review, and disease and drug therapy management services. The company was founded in 1974 and is based in Minnetonka, Minnesota.
Tag Helper ~ Stock Code: UNH | Common Company name: UnitedHealthcare | Full Company name: UnitedHealth Group Incorporated (NYSE:UNH) .