Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
Trade-Ideas LLC identified
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Universal Health Services as such a stock due to the following factors:
- UHS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $65.2 million.
- UHS has traded 1.2 million shares today.
- UHS is trading at a new lifetime high.
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More details on UHS:
Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The stock currently has a dividend yield of 0.2%. UHS has a PE ratio of 15.2. Currently there are 10 analysts that rate Universal Health Services a buy, no analysts rate it a sell, and 3 rate it a hold.
The average volume for Universal Health Services has been 610,300 shares per day over the past 30 days. Universal Health Services has a market cap of $7.3 billion and is part of the health care sector and health services industry. The stock has a beta of 1.88 and a short float of 1.6% with 1.83 days to cover. Shares are up 65% year to date as of the close of trading on Friday.
rates Universal Health Services as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
Highlights from the ratings report include:
- Powered by its strong earnings growth of 57.53% and other important driving factors, this stock has surged by 83.44% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the stock's future course, although almost any stock can fall in a broad market decline, UHS should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
- UNIVERSAL HEALTH SVCS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, UNIVERSAL HEALTH SVCS INC increased its bottom line by earning $4.53 versus $4.03 in the prior year. This year, the market expects an improvement in earnings ($4.56 versus $4.53).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Health Care Providers & Services industry. The net income increased by 59.5% when compared to the same quarter one year prior, rising from $71.82 million to $114.59 million.
- Despite its growing revenue, the company underperformed as compared with the industry average of 9.7%. Since the same quarter one year prior, revenues slightly increased by 8.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Health Care Providers & Services industry and the overall market, UNIVERSAL HEALTH SVCS INC's return on equity exceeds that of both the industry average and the S&P 500.
- You can view the full Universal Health Services Ratings Report.