A new trading day began on Friday, with Unitedhealth Group Inc (NYSE: UNH) stock price up 0.54% from the previous day of trading, before settling in for the closing price of $564.50. UNH’s price has ranged from $436.38 to $608.63 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 10.25%. Meanwhile, its annual earnings per share averaged 9.92%. With a float of $921.63 million, this company’s outstanding shares have now reached $924.00 million.
The extent of productivity of a business whose workforce counts for 440000 workers is very important to gauge. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Healthcare Plans Industry. The insider ownership of Unitedhealth Group Inc is 0.19%, while institutional ownership is 89.36%. 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 its latest quarterly report, released on 9/30/2024, the company reported earnings of 5.68 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 7.42 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
Here are Unitedhealth Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of N/A. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34. Likewise, its price to free cash flow for the trailing twelve months is 40.24.
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)
The latest stats from [Unitedhealth Group Inc, UNH] show that its last 5-days average volume of 2.36 million was inferior to 3.9 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 30.72%. Additionally, its Average True Range was 11.15.
During the past 100 days, Unitedhealth Group Inc’s (UNH) raw stochastic average was set at 68.53%, which indicates a significant increase from 67.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.75% in the past 14 days, which was higher than the 25.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $581.81, while its 200-day Moving Average is $527.62. Now, the first resistance to watch is $570.62. This is followed by the second major resistance level at $573.69. The third major resistance level sits at $577.05. If the price goes on to break the first support level at $564.20, it is likely to go to the next support level at $560.84. The third support level lies at $557.77 if the price breaches the second support level.
Unitedhealth Group Inc (NYSE: UNH) Key Stats
With a market capitalization of 526.94 billion, the company has a total of 923,418K Shares Outstanding. Currently, annual sales are 371,622 M while annual income is 22,381 M. The company’s previous quarter sales were 100,820 M while its latest quarter income was 6,055 M.
