UNIVERSAL HEALTH SERVICES, INC. ANNOUNCES 2024 THIRD QUARTER FINANCIAL RESULTS
| UHT Stock | USD 39.69 0.67 1.72% |
Slightly above 53% of Universal Health's private investors are presently thinking to get in. The analysis of overall sentiment of trading Universal Health Realty stock suggests that some investors are interested at this time. Universal Health's investing sentiment can be driven by a variety of factors including economic data, Universal Health's earnings reports, geopolitical events, and overall market trends.
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Universal Health Services, Inc. announced today that its reported net income attributable to UHS was 258.7 million, or 3.80 per diluted share, during the third quarter of 2024, as compared to 167.0 million, or 2.40 per diluted share, during the third quarter of 2023. Net revenues increased by 11.2 percent to 3.963 billion during the third quarter of 2024, as compared to 3.563 billion during the third quarter of 2023.
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Universal Health Fundamental Analysis
We analyze Universal Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Universal Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Universal Health based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Liabilities
Current Liabilities Comparative Analysis
Universal Health is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Universal Health Realty Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Universal Health stock to make a market-neutral strategy. Peer analysis of Universal Health could also be used in its relative valuation, which is a method of valuing Universal Health by comparing valuation metrics with similar companies.
Peers
Universal Health Related Equities
| SBRA | Sabra Healthcare | 3.40 | ||||
| DOC | Healthpeak Properties | 1.92 | ||||
| NHI | National Health | 0.83 | ||||
| HR | Healthcare Realty | 0.24 | ||||
| VTR | Ventas | 0.19 | ||||
| CTRE | CareTrust REIT | 0.04 | ||||
| GMRE | Global Medical | 0.24 | ||||
| CHCT | Community Healthcare | 0.92 |
Additional Tools for Universal Stock Analysis
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