UnitedHealth Group Incorporated [NYSE: UNH] stock went on an upward path that rose over 0.32% on Thursday, amounting to a one-week price increase of more than 4.65%. The company report on December 3, 2020 that UnitedHealthcare Awards Nearly $100,000 in Community Builder Grants to Six Community Organizations in Michigan.
Grants ranging from $10,000 to $25,000 will support programs that address:.
Social determinants of health: food assistance, housing, utility payment and employment/education/training services.
Over the last 12 months, UNH stock rose by 24.83%. The one-year UnitedHealth Group Incorporated stock forecast points to a potential upside of 5.86. The average equity rating for UNH stock is currently 1.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $326.18 billion, with 950.00 million shares outstanding and 943.28 million shares in the current float. Compared to the average trading volume of 3.07M shares, UNH stock reached a trading volume of 4162026 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on UnitedHealth Group Incorporated [UNH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UNH shares is $370.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UNH stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for UnitedHealth Group Incorporated shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 19, 2020. While these analysts kept the previous recommendation, SVB Leerink raised their target price to Outperform. The new note on the price target was released on July 01, 2020, representing the official price target for UnitedHealth Group Incorporated stock. Previously, the target price had yet another raise to $384, while Goldman analysts kept a Buy rating on UNH stock.
The Average True Range (ATR) for UnitedHealth Group Incorporated is set at 9.97, with the Price to Sales ratio for UNH stock in the period of the last 12 months amounting to 1.29. The Price to Book ratio for the last quarter was 5.08, with the Price to Cash per share for the same quarter was set at 18.76. Price to Free Cash Flow for UNH in the course of the last twelve months was 20.74.
UNH Stock Performance Analysis:
UnitedHealth Group Incorporated [UNH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.65. With this latest performance, UNH shares gained by 8.50% in over the last four-week period, additionally plugging by 11.81% over the last 6 months – not to mention a rise of 24.83% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UNH stock in for the last two-week period is set at 60.32, with the RSI for the last a single of trading hit 62.72, and the three-weeks RSI is set at 58.71 for UnitedHealth Group Incorporated [UNH]. The present Moving Average for the last 50 days of trading for this stock 329.33, while it was recorded at 342.34 for the last single week of trading, and 298.91 for the last 200 days.
Insight into UnitedHealth Group Incorporated Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and UnitedHealth Group Incorporated [UNH] shares currently have an operating margin of +8.13. UnitedHealth Group Incorporated’s Net Margin is presently recorded at +5.71.
Return on Total Capital for UNH is now 20.09, given the latest momentum, and Return on Invested Capital for the company is 15.05. Return on Equity for this stock inclined to 25.32, with Return on Assets sitting at 8.36. When it comes to the capital structure of this company, UnitedHealth Group Incorporated [UNH] has a Total Debt to Total Equity ratio set at 77.47. Additionally, UNH Total Debt to Total Capital is recorded at 43.65, with Total Debt to Total Assets ending up at 25.25. Long-Term Debt to Equity for the company is recorded at 69.36, with the Long-Term Debt to Total Capital now at 39.08.
Reflecting on the efficiency of the workforce at the company, UnitedHealth Group Incorporated [UNH] managed to generate an average of $42,582 per employee.
UNH Stock EPS
With the latest financial reports released by the company, UnitedHealth Group Incorporated posted 3.9/share EPS, while the average EPS was predicted by analysts to be reported at 3.77/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for UNH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for UnitedHealth Group Incorporated go to 12.69%.
UnitedHealth Group Incorporated [UNH] Insider Position Details
There are presently around $289,386 million, or 89.40% of UNH stock, in the hands of institutional investors. The top three institutional holders of UNH stocks are: VANGUARD GROUP INC with ownership of 79,780,738, which is approximately -1.172% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 73,223,633 shares of the stock with an approximate value of $25.53 billion in UNH stocks shares; and FMR LLC, currently with $18.23 billion in UNH stock with ownership of nearly -5.383% of the company’s market capitalization.
Positions in UnitedHealth Group Incorporated stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 1,118 institutional holders increased their position in UnitedHealth Group Incorporated [NYSE:UNH] by around 24,497,303 shares. Additionally, 946 investors decreased positions by around 28,615,763 shares, while 272 investors held positions by with 776,834,633 shares. The mentioned changes placed institutional holdings at 829,947,699 shares, according to the latest SEC report filing. UNH stock had 145 new institutional investments in for a total of 4,899,600 shares, while 80 institutional investors sold positions of 1,188,818 shares during the same period.