Unitedhealth Group Inc (UNH) recent activity suggests a positive outlook with the last week’s performance of -0.89%

Unitedhealth Group Inc (NYSE: UNH) kicked off on Friday, up 0.67% from the previous trading day, before settling in for the closing price of $560.81. Over the past 52 weeks, UNH has traded in a range of $436.38-$608.63.

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A company in the Healthcare sector has jumped its sales by 10.25% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 9.92%. With a float of $921.63 million, this company’s outstanding shares have now reached $924.00 million.

In an organization with 440000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 22.64%, operating margin of 8.2%, and the pretax margin is 5.13%.

Unitedhealth Group Inc (UNH) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Healthcare Plans Industry. The insider ownership of Unitedhealth Group Inc is 0.19%, while institutional ownership is 89.34%. The most recent insider transaction that took place on Jul 17 ’24, was worth 1,624,734. In this transaction Chief Accounting Officer of this company sold 2,851 shares at a rate of $569.88, taking the stock ownership to the 29,501 shares. Before that another transaction happened on Jul 18 ’24, when Company’s EVP & Chief People Officer sold 1,500 for $579.03, making the entire transaction worth $868,538. This insider now owns 7,785 shares in total.

Unitedhealth Group Inc (UNH) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 5.68 earnings per share (EPS), higher than consensus estimate (set at 5.51) by 0.17. Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.4 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.76% during the next five years compared to 14.37% growth over the previous five years of trading.

Unitedhealth Group Inc (NYSE: UNH) Trading Performance Indicators

Take a look at Unitedhealth Group Inc’s (UNH) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33. Likewise, its price to free cash flow for the trailing twelve months is 39.81.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.39, a number that is poised to hit 6.76 in the next quarter and is forecasted to reach 30.06 in one year’s time.

Technical Analysis of Unitedhealth Group Inc (UNH)

Let’s dig in a bit further. During the last 5-days, its volume was 2.73 million. That was inferior than the volume of 3.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.85%. Additionally, its Average True Range was 12.91.

During the past 100 days, Unitedhealth Group Inc’s (UNH) raw stochastic average was set at 66.24%, which indicates a significant increase from 32.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.46% in the past 14 days, which was higher than the 25.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $583.24, while its 200-day Moving Average is $526.62. However, in the short run, Unitedhealth Group Inc’s stock first resistance to watch stands at $569.50. Second resistance stands at $574.45. The third major resistance level sits at $577.39. If the price goes on to break the first support level at $561.61, it is likely to go to the next support level at $558.67. The third support level lies at $553.72 if the price breaches the second support level.

Unitedhealth Group Inc (NYSE: UNH) Key Stats

The company with the Market Capitalisation of 521.33 billion has total of 920,385K Shares Outstanding. Its annual sales at the moment are 371,622 M in contrast with the sum of 22,381 M annual income. Company’s last quarter sales were recorded 100,820 M and last quarter income was 6,055 M.