UnitedHealth Group Incorporated [NYSE: UNH] price surged by 0.95 percent to reach at $3.93. The company report on July 8, 2021 that UnitedHealthcare Introduces the Use of Predictive Analytics to Expand its Capabilities to Address Social Determinants of Health.
New capability helps identify people in employer-sponsored benefit plans who are most likely in need of support, proactively connecting them to low- or no-cost community resources.
Program builds on existing initiatives for UnitedHealthcare Medicare and Medicaid beneficiaries, along with previous work with the American Medical Association to more precisely diagnose social determinants of health.
A sum of 2783818 shares traded at recent session while its average daily volume was at 2.98M shares. UnitedHealth Group Incorporated shares reached a high of $416.40 and dropped to a low of $410.31 until finishing in the latest session at $416.04.
The one-year UNH stock forecast points to a potential upside of 6.73. The average equity rating for UNH stock is currently 1.80, trading closer to a bullish pattern in the stock market.
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 $446.04 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 1.80. 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.
Seaport Global Securities have made an estimate for UnitedHealth Group Incorporated shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 09, 2021. While these analysts kept the previous recommendation, BofA Securities raised their target price from $450 to $522. The new note on the price target was released on June 01, 2021, representing the official price target for UnitedHealth Group Incorporated stock. Previously, the target price had yet another raise to $478, while Wells Fargo analysts kept a Overweight rating on UNH stock.
The Average True Range (ATR) for UnitedHealth Group Incorporated is set at 5.83, with the Price to Sales ratio for UNH stock in the period of the last 12 months amounting to 1.49. The Price to Book ratio for the last quarter was 5.92, with the Price to Cash per share for the same quarter was set at 21.26. Price to Free Cash Flow for UNH in the course of the last twelve months was 21.29.
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 1.63. With this latest performance, UNH shares gained by 3.62% in over the last four-week period, additionally plugging by 14.49% over the last 6 months – not to mention a rise of 42.86% 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 64.71, with the RSI for the last a single of trading hit 70.63, and the three-weeks RSI is set at 61.78 for UnitedHealth Group Incorporated [UNH]. The present Moving Average for the last 50 days of trading for this stock 406.21, while it was recorded at 412.00 for the last single week of trading, and 360.49 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 +8.71. UnitedHealth Group Incorporated’s Net Margin is presently recorded at +5.99.
Return on Total Capital for UNH is now 20.29, given the latest momentum, and Return on Invested Capital for the company is 15.27. Return on Equity for this stock inclined to 25.02, with Return on Assets sitting at 8.16. When it comes to the capital structure of this company, UnitedHealth Group Incorporated [UNH] has a Total Debt to Total Equity ratio set at 66.37. Additionally, UNH Total Debt to Total Capital is recorded at 39.89, with Total Debt to Total Assets ending up at 21.66. Long-Term Debt to Equity for the company is recorded at 59.01, with the Long-Term Debt to Total Capital now at 35.47.
Reflecting on the efficiency of the workforce at the company, UnitedHealth Group Incorporated [UNH] managed to generate an average of $46,676 per employee.
UNH Stock EPS
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 12.79%.
UnitedHealth Group Incorporated [UNH] Insider Position Details
There are presently around $343,827 million, or 89.10% of UNH stock, in the hands of institutional investors. The top three institutional holders of UNH stocks are: VANGUARD GROUP INC with ownership of 78,658,234, which is approximately -0.549% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 70,482,968 shares of the stock with an approximate value of $29.32 billion in UNH stocks shares; and FMR LLC, currently with $20.87 billion in UNH stock with ownership of nearly -4.576% of the company’s market capitalization.
Positions in UnitedHealth Group Incorporated stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 1,296 institutional holders increased their position in UnitedHealth Group Incorporated [NYSE:UNH] by around 23,132,756 shares. Additionally, 1,009 investors decreased positions by around 25,123,966 shares, while 300 investors held positions by with 778,170,989 shares. The mentioned changes placed institutional holdings at 826,427,711 shares, according to the latest SEC report filing. UNH stock had 170 new institutional investments in for a total of 2,483,045 shares, while 102 institutional investors sold positions of 1,073,838 shares during the same period.