The stock of Unitedhealth Group Inc (NYSE:UNH) last traded at $605.45, up 1.47% from the previous session.
UNH stock price is now 4.14% away from the 50-day moving average and 14.45% away from the 200-day moving average. The market capitalization of the company currently stands at $557.19B.
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On October 11, 2024, KeyBanc Capital Markets recently initiated its ‘Overweight’ rating on the stock quoting a target price of $675, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, ROOS THOMAS E, Chief Accounting Officer sold 2,851 shares of the company’s stock on Jul 17 ’24. The stock was sold for $1,624,734 at an average price of $569.88. Upon completion of the transaction, the Chief Accounting Officer now directly owns 29,501 shares in the company, valued at $17.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 18 ’24, EVP & Chief People Officer McSweeney Erin sold 1,500 shares of the business’s stock. A total of $868,538 was realized by selling the stock at an average price of $579.03. This leaves the insider owning 7,785 shares of the company worth $4.71 million. A total of 0.19% of the company’s stock is owned by insiders.
During the past 12 months, Unitedhealth Group Inc has had a low of $436.38 and a high of $608.63. According to the stock market information, the enterprise value for the company is $607982125056, which is based on a 39.33 price-to-earnings ratio, a 3.34 price-to-earnings-growth ratio, and a beta of 0.58. The fifty day moving average price for UNH is $581.0558 and a two-hundred day moving average price translates $528.5679 for the stock.
The latest earnings results from Unitedhealth Group Inc (NYSE: UNH) was released for 2024-09-30. The net profit margin was 3.65% and return on equity was 15.99% for UNH. The company reported revenue of $100.82 billion for the quarter, compared to $92.36 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.16 percent.
