Universal Health Services Inc. ($UHS) Stock Forecast: Down 8.9% Today

What is Universal Health Services Inc.?

Universal Health Services (UHS) is a healthcare management company that operates acute care hospitals and behavioral health facilities.

Why is Universal Health Services Inc. going down?

UHS stock is down 8.9% on Oct 25, 2024 13:46

• UHS stock experienced a bearish movement today.
• The company reported Q3 earnings below expectations, with a negative surprise in earnings and a slight beat in revenue.
• Despite potential positive drivers like rising admissions in acute care hospitals, the market may have reacted negatively to the overall performance.
• Investors might be concerned about the company's ability to meet future earnings estimates, leading to the bearish movement in the stock.

UHS Price Chart

UHS Technical Analysis

UHS News

Universal Health Services ( UHS ) Lags Q3 Earnings Estimates

Universal Health Services (UHS) delivered earnings and revenue surprises of -1.07% and 1.42%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2357225/universal-health-services-uhs-lags-q3-earnings-estimates

Analyzing Universal Health Pre-Q3 Earnings: Time to Buy the Stock?

UHS' Q3 results are likely to be driven by rising admissions in acute care hospitals and higher revenue per adjusted patient day in behavioral health hospitals.

https://www.zacks.com/stock/news/2354290/analyzing-universal-health-pre-q3-earnings-time-to-buy-the-stock

Curious about Universal Health Services ( UHS ) Q3 Performance? Explore Wall Street Estimates for Key Metrics

Evaluate the expected performance of Universal Health Services (UHS) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

https://www.zacks.com/stock/news/2353803/curious-about-universal-health-services-uhs-q3-performance-explore-wall-street-estimates-for-key-metrics

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Universal Health Services Inc. Price History

30.08.2024 - UHS Stock was up 1.1%

• Despite Axonics receiving regulatory approval for its SNM device in Australia, UHS experienced a bullish movement as investors showed confidence in the overall healthcare industry.
• The strong earnings estimate revisions for hospital stocks like UHS indicate positive market sentiment towards the healthcare sector, contributing to UHS's bullish movement.
• The partnership between MultiPlan and NRHA aimed at improving rural healthcare did not directly impact UHS, allowing the stock to maintain its bullish trend.
• Encompass Health's expansion in South Carolina reflects the overall growth in rehabilitative services, which could indirectly benefit UHS by enhancing the healthcare ecosystem and driving more demand for medical facilities.

09.08.2024 - UHS Stock was down 2.1%

• UHS stock experienced a bearish movement today, possibly influenced by the overall negative sentiment in the healthcare sector.
• Competitors like McKesson and AngioDynamics also faced stock declines, indicating a broader trend impacting healthcare stocks.
• Acquisitions and FDA clearances in the healthcare industry may have shifted investor focus away from UHS, leading to the bearish market movement.
• The market might be reacting to the acquisitions and advancements made by other healthcare companies, causing investors to reallocate their investments away from UHS.

06.08.2024 - UHS Stock was down 2.7%

• UHS stock might have experienced a bearish movement due to concerns about the overall healthcare sector's performance and potential regulatory changes impacting hospital revenues.
• The acquisition news from competitors expanding their healthcare operations could have shifted investor focus away from UHS, leading to a sell-off.
• Despite positive developments in medical technology from certain companies, investors may have chosen to reallocate their funds to these growth opportunities, causing UHS stock to decline.
• The rise in shares following regulatory approvals could have also diverted investor attention away from UHS, contributing to the bearish movement in the stock.

25.05.2024 - UHS Stock was down 3.3%

• Despite reaching a 52-week high recently, the stock of Universal Health Services, Inc. (UHS) had a strong bearish movement today.
• Investors may be cashing out due to concerns about the company's future growth prospects, despite its commendable financial position and growth factors like increasing patient volumes and acquisitions.
• The bearish movement could be attributed to profit-taking by investors who are uncertain about the sustainability of the recent gains and are looking to secure their profits.
• The market sentiment towards UHS may have shifted due to external factors or broader market conditions impacting the healthcare sector, leading to the downward movement in the stock price.

27.08.2024 - UHS Stock was down 5.7%

• Despite the favorable market sentiment towards healthcare stocks, UHS stock faced significant bearish movement.
• The recent peak in UHS stock price and uncertainty regarding further growth potential might have prompted investors to take profits, leading to a downward trend.
• Without any notable positive developments or catalysts mentioned, the lack of specific information in the latest updates could have contributed to the decline in UHS stock.
• Investors may be exercising caution amid comparisons with peers who have announced significant partnerships, acquisitions, or positive trial outcomes, raising concerns about UHS's future prospects.

15.09.2024 - UHS Stock was up 5.2%

• Universal Health Services (UHS) has a low P/E ratio that might be attractive for potential investors.
• Factors such as increased patient volumes and a vast treatment network are driving the company's positive market performance.
• The market is responding favorably to UHS's effective patient care, evident in the bullish movement of the stock.

25.09.2024 - UHS Stock was down 8.9%

• UHS stock experienced a bearish movement today.
• The company reported Q3 earnings below expectations, with a negative surprise in earnings and a slight beat in revenue.
• Despite potential positive drivers like rising admissions in acute care hospitals, the market may have reacted negatively to the overall performance.
• Investors might be concerned about the company's ability to meet future earnings estimates, leading to the bearish movement in the stock.

18.03.2024 - UHS Stock was down 5.1%

• UHS experienced a bearish movement possibly due to a recent stock target cut by an industry analyst, indicating a lack of confidence in the company's performance.
• Despite expectations of earnings growth, the negative sentiment from this stock target cut may have overshadowed the positive outlook.
• The opening of a new mental health facility by competitor Acadia Healthcare (ACHC) could have also played a role in the bearish trend for UHS, signaling potential competition in the mental health services sector.
• Investors may be exercising caution regarding UHS's future performance following these recent developments, contributing to the bearish market movement.

28.05.2024 - UHS Stock was down 1.9%

• A partnership announcement by Ekso Bionics (EKSO) may have shifted investor focus to the healthcare technology sector, away from traditional healthcare management companies like UHS.
• Despite being considered a bargain stock, the swift momentum in UHS could have led investors to take profits, resulting in a decline in the stock price.
• Positive sentiment towards UHS as a strong growth stock may have driven expectations too high, triggering a correction in the stock price.
• The rise in UHS to a 52-week high might have attracted short-term traders aiming to capitalize on profits, contributing to the bearish movement through profit-taking.

26.06.2024 - UHS Stock was up 5.1%

• The CEO shared positive insights on the company's Q2 earnings and the health care sector as a whole.
• An upgrade of UHS stock by Cantor Fitzgerald included a positive forecast for acute care, hinting at a bright future for the company.
• Strong Q2 earnings by UHS surpassed expectations, particularly in the Acute Care Unit, influencing the stock's upward movement.
• The company's favorable earnings and the promising outlook for acute care likely boosted investor confidence in Universal Health Services, driving the bullish market movement.

25.06.2024 - UHS Stock was up 7.3%

• UHS reported impressive Q2 2024 earnings with an EPS of $4.26, surpassing estimates and demonstrating strong financial performance.
• The company's revenue of $3.908 billion also exceeded expectations, indicating robust growth in its operations.
• The market responded positively to UHS's earnings beat and optimistic guidance, leading to a strong bullish movement in the stock price.
• The announcement of a $1 billion increase to the stock repurchase program authorization further boosted investor confidence in UHS's future prospects, contributing to the bullish market movement.

25.06.2024 - UHS Stock was up 9.0%

• UHS stock saw a bullish trend post their second-quarter earnings release.
• The company surpassed earnings expectations, reporting an EPS of $4.26 and revenue of $3.908 billion, mainly due to the Acute Care Unit's performance.
• Although the Behavioral Health segment saw a decrease in admissions, UHS outperformed predictions, leading to a positive market reaction.
• Investors responded well to the earnings beat and optimistic guidance from Universal Health Services, reflecting trust in the company's future outlook.