Universal Health Services Earnings prediction Increased

Universal Health Services Earnings prediction Increased- Universal Health Services Earnings prediction 2011 : Equities research analysts at UBS AG (NYSE: UBS) raised their earnings per share estimates on shares of Universal Health Services (NYSE: UHS) in a research note to investors on Monday. The analysts currently have a "buy" rating and a $65.00 price target on the stock.

Separately, analysts at Zacks Investment Research downgraded shares of Universal Health Services from an "outperform" rating to a "neutral" rating in a research note to investors on Monday, June 27th. Also, analysts at Leerink upgraded shares of Universal Health Services from a "market perform" rating to an "outperform" rating in a research note to investors on Monday, June 13rd.

Shares of Universal Health Services traded down 2.07% during mid-day trading on Tuesday, hitting $52.89. Universal Health Services has a 52 week low of $30.51 and a 52 week high of $56.46. The stock's 50-day moving average is $51.82 and its 200-day moving average is $46.03. The company has a market cap of $5.166 billion and a price-to-earnings ratio of 19.54.

Universal Health Services last announced its quarterly results on Tuesday, April 26th. The company reported $1.15 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.94 EPS by $0.21. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 41.80% on a year-over-year basis. On average, analysts predict that Universal Health Services will post $0.86 EPS next quarter.

About Universal Health Services, Inc
Universal Health Services, Inc., through its subsidiaries, owns and operates acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers. As of February 25, 2010, the Company owned and/or operated or had under construction, 25 acute care hospitals (excluding one new replacement facility being constructed) and 102 behavioral health centers located in 32 states, Washington, D.C. and Puerto Rico. As part of the ambulatory treatment centers division, the Company manages and/or owns outright or in partnerships with physicians, seven surgical hospitals and surgery and radiation oncology centers located in five states and Puerto Rico. During the year ended December 31, 2009, net revenues from the acute care hospitals, surgical hospitals, surgery centers and radiation oncology centers accounted for 74% of the consolidated net revenues of the Company.