The stock of Unitedhealth Group Inc (UNH) has gone down by -1.32% for the week, with a -5.65% drop in the past month and a -1.86% drop in the past quarter. The volatility ratio for the week is 1.56%, and the volatility levels for the past 30 days are 1.86% for UNH. The simple moving average for the last 20 days is -2.56% for UNH’s stock, with a simple moving average of 5.66% for the last 200 days.
Is It Worth Investing in Unitedhealth Group Inc (NYSE: UNH) Right Now?
Unitedhealth Group Inc (NYSE: UNH) has a higher price-to-earnings ratio of 36.23x compared to its average ratio. UNH has 36-month beta value of 0.58. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 11 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for UNH is 921.63M, and currently, short sellers hold a 0.84% ratio of that float. The average trading volume of UNH on November 05, 2024 was 2.99M shares.
UNH) stock’s latest price update
The stock price of Unitedhealth Group Inc (NYSE: UNH) has dropped by -1.72 compared to previous close of 567.56. Despite this, the company has seen a fall of -1.32% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-03 that The SPDR S&P 500 ETF Trust posted a loss of 0.89% in October, putting a pause on its strong run in 2024. The Top 15 dividend growth stocks for November 2024 offer an average dividend yield of 1.24% and appear to be about 23% undervalued based on dividend yield theory. Since its inception in September 2020, the watch list has achieved an 11.33% compound annual growth rate.
Analysts’ Opinion of UNH
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see UNH reach a price target of $675. The rating they have provided for UNH stocks is “Overweight” according to the report published on October 11th, 2024.
Jefferies gave a rating of “Buy” to UNH, setting the target price at $647 in the report published on July 17th of the current year.
UNH Trading at -4.04% from the 50-Day Moving Average
After a stumble in the market that brought UNH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.36% of loss for the given period.
Volatility was left at 1.86%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares sank -4.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.57% lower at present.
During the last 5 trading sessions, UNH fell by -1.32%, which changed the moving average for the period of 200-days by +10.77% in comparison to the 20-day moving average, which settled at $572.44. In addition, Unitedhealth Group Inc saw 5.95% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UNH starting from ROOS THOMAS E, who sale 2,851 shares at the price of $569.88 back on Jul 17 ’24. After this action, ROOS THOMAS E now owns 29,501 shares of Unitedhealth Group Inc, valued at $1,624,734 using the latest closing price.
McSweeney Erin, the EVP & Chief People Officer of Unitedhealth Group Inc, sale 1,500 shares at $579.03 during a trade that took place back on Jul 18 ’24, which means that McSweeney Erin is holding 7,785 shares at $868,538 based on the most recent closing price.
Stock Fundamentals for UNH
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.23 for the gross margin
The net margin for Unitedhealth Group Inc stands at 0.04. The total capital return value is set at 0.16. Equity return is now at value 16.43, with 4.93 for asset returns.
Based on Unitedhealth Group Inc (UNH), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.78. The interest coverage ratio of the stock is -15.53.
Currently, EBITDA for the company is 32.24 billion with net debt to EBITDA at 1.53. When we switch over and look at the enterprise to sales, we see a ratio of 1.42. The receivables turnover for the company is 19.61for trailing twelve months and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.
Conclusion
To put it simply, Unitedhealth Group Inc (UNH) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
