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In the latest session, Unitedhealth Group Inc (NYSE: UNH) closed at $559.75 up 0.91% from its previous closing price of $554.70. In other words, the price has increased by $0.91 from its previous closing price. On the day, 3.14 million shares were traded. UNH stock price reached its highest trading level at $561.0575 during the session, while it also had its lowest trading level at $553.02.
Ratios:
For a deeper understanding of Unitedhealth Group Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on July 17, 2024, Upgraded its rating to Buy and sets its target price to $647 from $481 previously.
On July 17, 2024, RBC Capital Mkts reiterated its Outperform rating and also lowered its target price recommendation from $555 to $615.
HSBC Securities Upgraded its Hold to Buy on June 05, 2024, while the target price for the stock was maintained at $580.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 18 ’24 when McSweeney Erin sold 1,500 shares for $579.03 per share. The transaction valued at 868,538 led to the insider holds 7,785 shares of the business.
ROOS THOMAS E sold 2,851 shares of UNH for $1,624,734 on Jul 17 ’24. The Chief Accounting Officer now owns 29,501 shares after completing the transaction at $569.88 per share. On Mar 08 ’24, another insider, McSweeney Erin, who serves as the EVP & Chief People Officer of the company, sold 1,236 shares for $483.48 each. As a result, the insider received 597,582 and left with 9,364 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNH now has a Market Capitalization of 515185508352 and an Enterprise Value of 567781031936. As of this moment, Unitedhealth’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.10, and their Forward P/E ratio for the next fiscal year is 17.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 5.94. Its current Enterprise Value per Revenue stands at 1.473 whereas that against EBITDA is 16.307.
Stock Price History:
Over the past 52 weeks, UNH has reached a high of $581.50, while it has fallen to a 52-week low of $436.38. The 50-Day Moving Average of the stock is 10.30%, while the 200-Day Moving Average is calculated to be 9.43%.
Shares Statistics:
For the past three months, UNH has traded an average of 4.08M shares per day and 5407050 over the past ten days. A total of 924.00M shares are outstanding, with a floating share count of 918.59M. Insiders hold about 0.20% of the company’s shares, while institutions hold 90.46% stake in the company. Shares short for UNH as of 1719532800 were 7689132 with a Short Ratio of 1.88, compared to 1717113600 on 7513575. Therefore, it implies a Short% of Shares Outstanding of 7689132 and a Short% of Float of 0.84.
Dividends & Splits
According to the company, the forward annual dividend rate for UNH is 7.74, from 7.74 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013953487The stock’s 5-year Average Dividend Yield is 1.37.
