|Bid||260.49 x 900|
|Ask||260.69 x 800|
|Day's Range||260.13 - 261.74|
|52 Week Range||208.48 - 287.94|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||20.42|
|Earnings Date||Apr 15, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||3.60 (1.47%)|
|1y Target Est||305.61|
NEW YORK, Jan. 17, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Bank of America Merrill Lynch analyst Kevin Fischbeck reiterated a Buy rating on UnitedHealth with a $320 price target. UnitedHealth reported balanced earnings upside across UnitedHealthcare and Optum, BofA's Fischbeck said in a Wednesday note.
posted stronger-than-expected fourth quarter earnings Tuesday, and held its 2019 outlook in place, as Optum revenues topped $100 billion for the first time on record last year. UnitedHealth said adjusted earnings for the three months ending in December came in at $3.28 per share, up 26.6% from the same period last year and well ahead of the Street consensus of $3.21. "The 300,000 dedicated women and men of UnitedHealth Group are positively impacting society by restlessly pursuing a mission to help people live healthier lives and to improve health system performance," said CEO David Wichmann.
UnitedHealth Group Inc. said its sales rose in the fourth quarter as the company continued to post diversified growth from health-care-plan membership, premiums and a network of health services. Revenue at the UnitedHealthcare segment rose 11% to $46.2 billion, while sales at the Optum segment increased 13% to 27.6 billion. On an adjusted basis, UnitedHealth reported profit of $3.28 a share, compared with analysts’ estimates of $3.21 a share.
Stocks that moved substantially or traded heavily Tuesday: Netflix Inc., up $21.70 to $354.64 The video streaming company said it will raise prices for its U.S. subscribers. Microsoft Corp., up $2.96 to ...
U.S. stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc's plans to raise fees for U.S. subscribers and hopes of more stimulus for China's slowing economy fostered a risk-on mood among investors. Netflix shares jumped 6.5 percent after the video streaming company said it was raising prices for its U.S. subscribers.
UnitedHealth Group, the nation's largest insurer, reported earnings before the open on Tuesday that exceeded Wall Street expectations. UnitedHealth stock rose in early trade, giving a lift to Dow Jones futures.
The Dow Jones Industrial Average rose Tuesday despite an earnings miss from JPMorgan Chase & Co. JPMorgan Chase earned $1.98 a share in the fourth quarter, missing analysts' estimates of $2.20 by a wide margin. Delta was up slightly.
U.S. stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc's plans to raise fees for U.S. subscribers and hopes of more stimulus for China's slowing economy fostered a risk-on mood among investors. Netflix shares jumped 6.3 percent after the video streaming company said it was raising prices for its U.S. subscribers. Other internet stocks, including shares of Alphabet Inc , Amazon.com Inc and Apple Inc, also rose following the announcement.
Leerink’s Ana Gupte reiterated an Outperform rating on the stock and a $335 price target following the report. She writes that UnitedHealth turned in a “solid top- and bottom-line beat.”
U.S. stocks rose on Tuesday as Netflix spurred a rally in technology and internet stocks and UnitedHealth posted strong results, while hopes of more stimulus for China's slowing economy encouraged buying in risky assets. Netflix Inc shares jumped 7 percent after the video streaming pioneer said it was raising prices for its U.S. subscribers. The communication services sector, which includes Netflix and Facebook, rose 1.64 percent, while technology stocks jumped 1.53 percent.
Ryan McQueeney recaps Netflix's subscription price hike and earnings results from Delta, UnitedHealth, Wells Fargo, and JPMorgan. Later, he chats with Dave Bartosiak about bank earnings and how investors can profit throughout the Q4 report season.
UnitedHealth maintained its previous profit forecast for 2019 adjusted earnings of $14.40 to $14.70 per share, and said higher than expected medical costs in the fourth quarter were limited to states for which it manages their Medicaid benefits, the government program for low income Americans. The company is the first to report earnings for the sector. UnitedHealth shares rose 2.8 percent, or $6.91, to $254.97.
UnitedHealth maintained its previous profit forecast for 2019 adjusted earnings of $14.40 to $14.70 per share, and said higher than expected medical costs in the fourth quarter were limited to states for which it manages their Medicaid benefits, the government program for low income Americans. UnitedHealth shares rose 2.8 percent, or $6.91, to $254.97. Anthem Inc (ANTM.N) gained 2 percent to $260.16 and Cigna Corp (CI.N) rose 1.6 percent to $195.14.
One issue I'm focusing on is the potential for a market pop if we have a solution to the government shutdown. (JP Morgan and UnitedHealth are holdings in Jim Cramer's Action Alerts PLUS member club.
UnitedHealth's fourth-quarter earnings slid 16 percent from last year, when a federal tax overhaul helped the nation's largest health insurer, but the performance still came in well above analyst expectations. Optum runs a large pharmacy benefit management business and a growing number of clinics and urgent care and surgery centers. UnitedHealth's insurance side, which generates more revenue but thinner profits, had flat operating earnings of $1.8 billion.
Currently, Q4 earnings season is heating up in earnest, with two top Wall Street banks and two other sector leaders bringing results ahead of the opening bell.
The tech-heavy Nasdaq composite led the way early Tuesday. Dow Jones stocks JPMorgan and UnitedHealth reported earnings results.