Company Update (NYSE:UNH): UnitedHealthcare and Optum Support People Affected by Floods in Illinois

[Business Wire] – UnitedHealthcare and Optum, the health benefits and services companies of UnitedHealth Group , are taking immediate action to help people in Illinois who may be affected by the recent flooding. Read more on this. UnitedHealth Group Incorporated (UNH) , currently valued at $112.12B, opened this morning at $118.64. A quick look at the market, the company’s stock traded between $117.36 and $119.37 and has traded between $95.00 and $126.21 over the past year. UNH shares are currently priced at 18.49x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -5.48x forward p/e ratio. The company pays shareholders $2.00 per share annually in dividends, yielding 1.70%. According to a consensus of 12 analysts, the earnings estimate of $1.37 per share would be $0.18 worse than the year-ago quarter and a $0.23 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $6.43 would be a $0.73 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $43.24 Billion. If realized, that would be a 29.34% increase over the year-ago quarter. Recently, Citigroup Initiated UNH at Buy (Oct 2, 2015). Previously, JP Morgan Initiated UNH at to Overweight. Given all the information above, we should disclose to readers that the average price target is $142.13, which is 19.80% above than it opened this morning. See more in (NYSE:UNH) Similar Articles: Company Update (NYSE:UNH): Injured Veterans to Cycle 460 Miles for the UnitedHealthcare Army/Navy Challenge Company Update (NYSE:UNH): Dermatology Services Now Available via Telehealth Technology to UnitedHealthcare Medicaid Beneficiaries in Hawaii Company Update: UnitedHealth Group Incorporated (NYSE:UNH) – UnitedHealthcare and Optum Continue to Support People Affected by Wildfires in Washington State