At the time of writing, Unitedhealth Group Inc [UNH] stock is trading at $614.67, down -1.69%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The UNH shares have gain 8.40% over the last week, with a monthly amount glided 1.53%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Unitedhealth Group Inc [NYSE: UNH] stock has seen the most recent analyst activity on October 17, 2024, when HSBC Securities downgraded its rating to a Hold. Previously, KeyBanc Capital Markets started tracking the stock with Overweight rating on October 11, 2024, and set its price target to $675. On July 17, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $647 on the stock. RBC Capital Mkts reiterated its Outperform rating and increased its price target to $615 on July 17, 2024. HSBC Securities upgraded its rating to a Buy but $580 remained the price target by the analyst firm on June 05, 2024. Robert W. Baird started tracking with a Outperform rating for this stock on May 30, 2024, and assigned it a price target of $597. In a note dated April 04, 2024, HSBC Securities upgraded an Hold rating on this stock but restated the target price of $460.
For the past year, the stock price of Unitedhealth Group Inc fluctuated between $436.38 and $630.73. Currently, Wall Street analysts expect the stock to reach $577 within the next 12 months. Unitedhealth Group Inc [NYSE: UNH] shares were valued at $614.67 at the most recent close of the market. An investor can expect a potential drop of -6.13% based on the average UNH price forecast.
Analyzing the UNH fundamentals
According to Unitedhealth Group Inc [NYSE:UNH], the company’s sales were 392.72B for trailing twelve months, which represents an 10.35% jump. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 610.80 points at the first support level, and at 606.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 621.51, and for the 2nd resistance point, it is at 628.35.
Ratios To Look Out For
It is important to note that Unitedhealth Group Inc [NYSE:UNH] has a current ratio of 0.91. Considering the valuation of this stock, the price to sales ratio is 1.44, the price to book ratio is 6.00 and price to earnings (TTM) ratio is 39.93.
Transactions by insiders
Recent insider trading involved McSweeney Erin, Officer, that happened on Nov 11 ’24 when 701.0 shares were purchased. Chief Accounting Officer, ROOS THOMAS E completed a deal on Jul 17 ’24 to sell 2851.0 shares. Meanwhile, EVP & Chief People Officer McSweeney Erin sold 1500.0 shares on Jul 18 ’24.
