Analysts predict Unitedhealth Group Inc (UNH) stock to reach $618.75 in the next 12 months

Unitedhealth Group Inc [UNH] stock is trading at $506.34, up 1.24%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The UNH shares have gain 1.57% over the last week, with a monthly amount drifted -15.26%, and not 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.

Unitedhealth Group Inc [UNH] stock has fluctuated between $436.38 and $630.73 over the past year. Currently, Wall Street analysts expect the stock to reach $618.75 within the next 12 months. Unitedhealth Group Inc [NYSE: UNH] shares were valued at $506.34 at the most recent close of the market. An investor can expect a potential return of 22.2% based on the average UNH price forecast.

Analyzing the UNH fundamentals

Unitedhealth Group Inc [NYSE:UNH] reported sales of 392.72B for the trailing twelve months, which represents a growth of 10.35%. Gross Profit Margin for this corporation currently stands at 0.22% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.78.

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 500.67 points at the first support level, and at 494.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 510.40, and for the 2nd resistance point, it is at 514.45.

Ratios To Look Out For

For context, Unitedhealth Group Inc’s Current Ratio is 0.91. Considering the valuation of this stock, the price to sales ratio is 1.21, the price to book ratio is 4.94 and price to earnings (TTM) ratio is 32.89.

Transactions by insiders

Recent insider trading involved McSweeney Erin, EVP & Chief People Officer, that happened on Nov 11 ’24 when 701.0 shares were sold. Officer, McSweeney Erin completed a deal on Nov 11 ’24 to buy 701.0 shares. Meanwhile, Chief Accounting Officer ROOS THOMAS E sold 2851.0 shares on Jul 17 ’24.

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