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Universal Health Services (UHS) Up 0.3% Since Last Earnings Report: Can It Continue?
It has been about a month since the last earnings report for Universal Health Services (UHS - Free Report) . Shares have added about 0.3% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Universal Health Services due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
How Have Estimates Been Moving Since Then?
It turns out, estimates review have trended upward during the past month.
The consensus estimate has shifted 6.09% due to these changes.
VGM Scores
Currently, Universal Health Services has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. Charting a somewhat similar path, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise Universal Health Services has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
Performance of an Industry Player
Universal Health Services belongs to the Zacks Medical - Hospital industry. Another stock from the same industry, Tenet Healthcare (THC - Free Report) , has gained 3% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.
Tenet reported revenues of $5.07 billion in the last reported quarter, representing a year-over-year change of -5.7%. EPS of $3.44 for the same period compares with $2.68 a year ago.
Tenet is expected to post earnings of $3.12 per share for the current quarter, representing a year-over-year change of -3.1%. Over the last 30 days, the Zacks Consensus Estimate has changed +1%.
The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Tenet. Also, the stock has a VGM Score of A.