This represents a premium compared to its industry's average Forward P/E of 16.96. UnitedHealth Group is holding a Zacks Rank of #3 (Hold) right now.ĭigging into valuation, UnitedHealth Group currently has a Forward P/E ratio of 20.01. The offer from UnitedHealth’s Optum unit may be superior to the deal with Option Care Health, which agreed last month to buy Amedisys in an all-stock transaction worth. Over the past month, the Zacks Consensus EPS estimate has moved 0.04% lower. with an unsolicited buyout offer of 100 a share in cash for the home health-care provider. This statistic shows the net income of UnitedHealth Group from 2007 to 2022. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Published by Preeti Vankar, Mar 16, 2023. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Recent revisions tend to reflect the latest near-term business trends. Investors should also note any recent changes to analyst estimates for UnitedHealth Group. These totals would mark changes of +12.53% and +12.52%, respectively, from last year. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $24.97 per share and revenue of $364.75 billion. The healthcare conglomerate reported 6. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $90.54 billion, up 12.7% from the year-ago period. UnitedHealth Group last released its earnings results on April 14th, 2023. This would mark year-over-year growth of 9.16%. In that report, analysts expect UnitedHealth Group to post earnings of $6.08 per share. UnitedHealth Group is one of the largest private health insurers, providing medical benefits to 50 million members globally, including 5 million outside the. Wall Street will be looking for positivity from UnitedHealth Group as it approaches its next earnings report date. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Jan. ![]() In that same time, the Medical sector lost 1.59%, while the S&P 500 gained 4.14%. health insurer had gained 1.07% in the past month. Elsewhere, the Dow lost 0.59%, while the tech-heavy Nasdaq lost 1.54%.Ĭoming into today, shares of the largest U.S. This move lagged the S&P 500's daily loss of 0.2%. UnitedHealth Group (UNH) closed at $498.19 in the latest trading session, marking a -0.28% move from the prior day.
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