Universal Health Services Inc. ($UHS) Stock Forecast: Down 2.1% Today

What is Universal Health Services Inc.?

Universal Health Services (UHS) is a leading healthcare management company that operates hospitals and healthcare facilities across the United States.

Why is Universal Health Services Inc. going down?

UHS stock is down 2.1% on Sep 9, 2024 14:36

• 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.

UHS Price Chart

UHS News

McKesson Shares Fall Following Sale of Rexall, Well.ca to Birch Hill

MCK announces the sale of its Canada-based Rexall and Well.ca businesses to Birch Hill Equity Partners, aligning with its strategy to grow oncology and biopharma services.

https://www.zacks.com/stock/news/2332789/mckesson-shares-fall-following-sale-of-rexall-wellca-to-birch-hill

BD Stock Falls After Acquisition of Edwards' Critical Care Group

BDX expands its smart care portfolio by acquiring Edwards Lifesciences' Critical Care group, now BD Advanced Patient Monitoring, strengthening AI-driven health solutions.

https://www.zacks.com/stock/news/2332177/bd-stock-falls-after-acquisition-of-edwards-critical-care-group

AngioDynamics Stock Falls Despite CE Mark for Auryon System

ANGO's Auryon Atherectomy System earns CE Mark, which expands its European market reach and enhances PAD treatment with advanced laser technology.

https://www.zacks.com/stock/news/2331516/angiodynamics-stock-falls-despite-ce-mark-for-auryon-system

Ensign Adds 8 Facilities in Kansas & Colorado to Expand Footprint

The acquisition deals increase ENSG's portfolio to encompass 323 healthcare operations spanning 14 states.

https://www.zacks.com/stock/news/2331595/ensign-adds-8-facilities-in-kansas-colorado-to-expand-footprint

Embecta Stock Gains on FDA Clearance for Type 2 Diabetes Insulin Pump

EMBC's shares close higher following FDA clearance for its disposable patch pump for insulin delivery, expanding the target market with its availability for type 2 diabetes.

https://www.zacks.com/stock/news/2331255/embecta-stock-gains-on-fda-clearance-for-type-2-diabetes-insulin-pump

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Universal Health Services Inc. Price History

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.

29.01.2024 - UHS Stock was down 5.4%

• UHS outperformed quarterly profit expectations and displayed robust year-over-year revenue growth projections.
• Despite this positive financial performance, the stock faced a downward trend.
• Other market dynamics like overall sentiment, sector shifts, and profit collection by investors may have contributed to this negative reaction.
• External market conditions and broader macroeconomic influences on the healthcare sector could also have impacted the bearish movement.

28.01.2024 - UHS Stock was up 5.1%

• UHS stock demonstrated a bullish trend throughout the day.
• The company surpassed quarterly profit predictions and revealed an uptick in hospital admissions, reflecting solid financial results.
• The favorable earnings release and rise in patient admissions are potential factors behind the market's upward movement.
• Investors possibly responded favorably to the company's ability to outperform expectations and display growth in crucial operational indicators.

01.03.2024 - UHS Stock was down 1.0%

• UHS stock experienced a strong bearish movement today.
• The acquisition news of UnitedHealth's (UNH) unit Optum buying Steward Health's physician group may have caused some investors to shift their focus towards UnitedHealth instead of UHS.
• The mixed sentiment around UHS, with some analysts highlighting its potential momentum as a top stock pick while others questioning its post-earnings performance, could have contributed to the bearish movement as investors reevaluated their positions.
• Overall, the market movement of UHS today may have been influenced by a combination of sector rotation, acquisition news in the healthcare industry, and investor sentiment regarding the company's future prospects.

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.