Unitedhealth Group Inc [NYSE: UNH] stock went on a downward path that fall over -0.44% on Wednesday, amounting to a one-week price decrease of less than -0.28%.
Over the last 12 months, UNH stock rose by 16.15%. The one-year Unitedhealth Group Inc stock forecast points to a potential upside of 7.4. The average equity rating for UNH stock is currently 1.33, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $533.80 billion, with 924.00 million shares outstanding and 920.65 million shares in the current float. Compared to the average trading volume of 4.14M shares, UNH stock reached a trading volume of 2369983 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Unitedhealth Group Inc [UNH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UNH shares is $624.26 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 1.33. 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.
Jefferies have made an estimate for Unitedhealth Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 17, 2024. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price from $555 to $615. The new note on the price target was released on July 17, 2024, representing the official price target for Unitedhealth Group Inc stock. Previously, the target price had yet another raise to $580, while HSBC Securities analysts kept a Buy rating on UNH stock.
The Average True Range (ATR) for Unitedhealth Group Inc is set at 11.20, with the Price to Sales ratio for UNH stock in the period of the last 12 months amounting to 1.39. The Price to Book ratio for the last quarter was 5.96. Price to Free Cash Flow for UNH in the course of the last twelve months was 86.01.
UNH Stock Performance Analysis:
Unitedhealth Group Inc [UNH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.28. With this latest performance, UNH shares gained by 4.21% in over the last four-week period, additionally plugging by 10.75% over the last 6 months – not to mention a rise of 16.15% 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 61.57, with the RSI for the last a single of trading hit 60.12, and the three-weeks RSI is set at 61.78 for Unitedhealth Group Inc [UNH]. The present Moving Average for the last 50 days of trading for this stock 534.78, while it was recorded at 578.96 for the last single week of trading, and 516.03 for the last 200 days.
Insight into Unitedhealth Group Inc Fundamentals:
Unitedhealth Group Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.88.
UNH Stock EPS
With the latest financial reports released by the company, Unitedhealth Group Inc posted 6.56/share EPS, while the average EPS was predicted by analysts to be reported at 6.32/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.24. 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 Inc go to 12.38%.
Unitedhealth Group Inc [UNH] Institutonal Ownership Details
There are presently around $89.72%, or 89.93%% of UNH stock, in the hands of institutional investors. The top three institutional holders of UNH stocks are: VANGUARD GROUP INC with ownership of 83.95 million shares, which is approximately 9.1158%. BLACKROCK INC., holding 73.43 million shares of the stock with an approximate value of $$37.39 billion in UNH stocks shares; and BLACKROCK INC., currently with $$22.9 billion in UNH stock with ownership which is approximately 4.8839%.
