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UnitedHealth Group (UNH) Stock Moves -0.6%: What You Should Know
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UnitedHealth Group (UNH - Free Report) closed the most recent trading day at $256.62, moving -0.6% from the previous trading session. This change was narrower than the S&P 500's 0.66% loss on the day. Meanwhile, the Dow lost 0.99%, and the Nasdaq, a tech-heavy index, lost 1.63%.
Prior to today's trading, shares of the largest U.S. health insurer had lost 2.44% over the past month. This has was narrower than the Medical sector's loss of 9.8% and the S&P 500's loss of 8.1% in that time.
Wall Street will be looking for positivity from UNH as it approaches its next earnings report date. This is expected to be January 15, 2019. In that report, analysts expect UNH to post earnings of $3.22 per share. This would mark year-over-year growth of 24.32%. Meanwhile, our latest consensus estimate is calling for revenue of $57.63 billion, up 10.69% from the prior-year quarter.
UNH's full-year Zacks Consensus Estimates are calling for earnings of $12.81 per share and revenue of $225.19 billion. These results would represent year-over-year changes of +27.21% and +11.95%, respectively.
It is also important to note the recent changes to analyst estimates for UNH. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.7% higher. UNH is currently a Zacks Rank #2 (Buy).
In terms of valuation, UNH is currently trading at a Forward P/E ratio of 20.16. This valuation marks a premium compared to its industry's average Forward P/E of 17.28.
Investors should also note that UNH has a PEG ratio of 1.49 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Medical - HMOs was holding an average PEG ratio of 1.38 at yesterday's closing price.
The Medical - HMOs industry is part of the Medical sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow UNH in the coming trading sessions, be sure to utilize Zacks.com.
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UnitedHealth Group (UNH) Stock Moves -0.6%: What You Should Know
UnitedHealth Group (UNH - Free Report) closed the most recent trading day at $256.62, moving -0.6% from the previous trading session. This change was narrower than the S&P 500's 0.66% loss on the day. Meanwhile, the Dow lost 0.99%, and the Nasdaq, a tech-heavy index, lost 1.63%.
Prior to today's trading, shares of the largest U.S. health insurer had lost 2.44% over the past month. This has was narrower than the Medical sector's loss of 9.8% and the S&P 500's loss of 8.1% in that time.
Wall Street will be looking for positivity from UNH as it approaches its next earnings report date. This is expected to be January 15, 2019. In that report, analysts expect UNH to post earnings of $3.22 per share. This would mark year-over-year growth of 24.32%. Meanwhile, our latest consensus estimate is calling for revenue of $57.63 billion, up 10.69% from the prior-year quarter.
UNH's full-year Zacks Consensus Estimates are calling for earnings of $12.81 per share and revenue of $225.19 billion. These results would represent year-over-year changes of +27.21% and +11.95%, respectively.
It is also important to note the recent changes to analyst estimates for UNH. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.7% higher. UNH is currently a Zacks Rank #2 (Buy).
In terms of valuation, UNH is currently trading at a Forward P/E ratio of 20.16. This valuation marks a premium compared to its industry's average Forward P/E of 17.28.
Investors should also note that UNH has a PEG ratio of 1.49 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Medical - HMOs was holding an average PEG ratio of 1.38 at yesterday's closing price.
The Medical - HMOs industry is part of the Medical sector. This group has a Zacks Industry Rank of 35, putting it in the top 14% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow UNH in the coming trading sessions, be sure to utilize Zacks.com.