Market Update: UnitedHealth Group Incorporated (NYSE:UNH) – WebMD denies UnitedHealth merger talks

[at American City Business Journals] – WebMD Health Corp. threw water on a report that it was talking about a potential sale to Minnetonka-based UnitedHealth Group Inc. (NYSE: UNH) and other potential suitors. New York-based WebMD (Nasdaq: … Read more on this. UnitedHealth Group Incorporated (UNH) , valued at $104.15B, opened at $109.08. Looking at today’s market, UNH one day range is $107.79 to $110.65 with a one year range of $95.00 to $126.21. UNH shares are currently priced at 17.20x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -3.14x earnings multiple. And for those looking to make a return holding the stock, the company pays shareholders $2.00 per share annually in dividends, yielding 1.82%. Consensus earnings for the current quarter by the 14 sell-side analysts covering the stock is an estimate of $1.38 per share, which would be $0.17 worse than the year-ago quarter and a $0.19 sequential decrease. The full-year EPS estimate is $6.44, which would be a $0.74 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $43.26 Billion. If reported, that would be a 29.40% increase over the year-ago quarter. In terms of ratings, Citigroup Initiated UNH at Buy (Oct 2, 2015). Previously, JP Morgan Initiated UNH at to Overweight. When considering if the stock is under or overvalued, the average price target is $142.57, which is 30.70% above where the stock opened this morning. See more in (NYSE:UNH) Similar Articles: Market Update: UnitedHealth Group Incorporated (NYSE:UNH) – UnitedHealth Group’s Real Appeal Launches an Interactive Personalized Weight-Loss Program that Uses Celebrities and Technology to Motivate Participants Company Update: UnitedHealth Group Incorporated (NYSE:UNH) – UnitedHealth Group Named to Dow Jones Sustainability North America and World Indices for 17th Consecutive Year Company Update: UnitedHealth Group Incorporated (NYSE:UNH) – UnitedHealth serves up second quarter growth, but no deal