This Healthcare Stock Just Gave Investors 100 Billion Reasons to Buy It
It's still early days in this latest earnings season, but it seems we can already tag one winner in the healthcare sector -- take a bow, UnitedHealth Group (NYSE: UNH).
As the season lurched into action, the sprawling healthcare insurer and services provider published its first-quarter results. These not only showed very encouraging growth dynamics in key fundamentals, they topped analyst expectations. Read on for a digest on UnitedHealth's healthy quarter.
You know you're dealing with a large and important company when you see a quarterly revenue figure that hovers just under $100 billion (yes, that's billion with a "b"). UnitedHealth's Q1 top line was $99.8 billion, which was a robust 9% higher on a year-over-year basis. It also accounts for a concentrated cyberattack on the company. Factoring out that incident results in an adjusted revenue figure of just over $100 billion.
Source Fool.com
UnitedHealth Group Inc. Stock
With 33 Buy predictions and 1 Sell predictions UnitedHealth Group Inc. is one of the favorites of our community.
With a target price of 543 € there is a slightly positive potential of 14.53% for UnitedHealth Group Inc. compared to the current price of 474.1 €.
