Earnings and Growth Analysis : UnitedHealth Group (NYSE:UNH)

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Earnings results for UnitedHealth Group (NYSE:UNH)

UnitedHealth Group Incorporated is expected* to report earnings on 10/14/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 10 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.98. The reported EPS for the same quarter last year was $3.88.

UnitedHealth Group last released its earnings results on July 15th, 2020. The healthcare conglomerate reported $7.12 EPS for the quarter, beating the consensus estimate of $5.28 by $1.84. The firm had revenue of $62.10 billion for the quarter, compared to analyst estimates of $63.54 billion. Its revenue was up 2.5% compared to the same quarter last year. UnitedHealth Group has generated $15.11 earnings per share over the last year and currently has a price-to-earnings ratio of 18.6. UnitedHealth Group has confirmed that its next quarterly earnings report will be published on Wednesday, October 14th, 2020.

Analyst Opinion on UnitedHealth Group (NYSE:UNH)

25 Wall Street analysts have issued ratings and price targets for UnitedHealth Group in the last 12 months. Their average twelve-month price target is $341.24, predicting that the stock has a possible upside of 2.96%. The high price target for UNH is $384.00 and the low price target for UNH is $285.00. There are currently 3 hold ratings, 21 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Buy.”

UnitedHealth Group has received a consensus rating of Buy. The company’s average rating score is 2.92, and is based on 21 buy ratings, 3 hold ratings, and no sell ratings. According to analysts’ consensus price target of $341.24, UnitedHealth Group has a forecasted upside of 3.0% from its current price of $331.42. UnitedHealth Group has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: UnitedHealth Group (NYSE:UNH)

UnitedHealth Group has a dividend yield of 1.52%, which is in the bottom 25% of all stocks that pay dividends. UnitedHealth Group has been increasing its dividend for 10 years. The dividend payout ratio of UnitedHealth Group is 33.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UnitedHealth Group will have a dividend payout ratio of 27.04% next year. This indicates that UnitedHealth Group will be able to sustain or increase its dividend.

Insiders buying/selling: UnitedHealth Group (NYSE:UNH)

In the past three months, UnitedHealth Group insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $39,886,448.00 in company stock. Only 0.80% of the stock of UnitedHealth Group is held by insiders. 86.39% of the stock of UnitedHealth Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of UnitedHealth Group (NYSE:UNH

Earnings for UnitedHealth Group are expected to grow by 11.52% in the coming year, from $16.58 to $18.49 per share. The P/E ratio of UnitedHealth Group is 18.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.81. The P/E ratio of UnitedHealth Group is 18.64, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 28.89. UnitedHealth Group has a PEG Ratio of 1.44. PEG Ratios above 1 indicate that a company could be overvalued. UnitedHealth Group has a P/B Ratio of 5.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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