Universal Health Shares Outstanding vs. Net Income
| 0LJL Stock | 205.00 1.72 0.85% |
For Universal Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Universal Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Universal Health Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Universal Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Universal Health Services over time as well as its relative position and ranking within its peers.
Universal |
Universal Health Services Net Income vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Universal Health's current stock value. Our valuation model uses many indicators to compare Universal Health value to that of its competitors to determine the firm's financial worth. Universal Health Services is rated below average in shares outstanding category among its peers. It is number one stock in net income category among its peers making up about 7.76 of Net Income per Shares Outstanding. At this time, Universal Health's Net Income is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Universal Health's earnings, one of the primary drivers of an investment's value.Universal Net Income vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Universal Health |
| = | 92.51 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Universal Health |
| = | 717.49 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Universal Net Income Comparison
Universal Health is currently under evaluation in net income category among its peers.
Universal Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Universal Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Universal Health will eventually generate negative long term returns. The profitability progress is the general direction of Universal Health's change in net profit over the period of time. It can combine multiple indicators of Universal Health, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 9.3 M | 9.8 M | |
| Operating Income | 1.2 B | 1.2 B | |
| Income Before Tax | 940.4 M | 484.2 M | |
| Total Other Income Expense Net | -235 M | -223.2 M | |
| Net Income | 717.5 M | 374.6 M | |
| Income Tax Expense | 221.1 M | 150.7 M | |
| Net Income Applicable To Common Shares | 776.1 M | 907.3 M | |
| Change To Netincome | 143.6 M | 124.8 M |
Universal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Universal Health. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Universal Health position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Universal Health's important profitability drivers and their relationship over time.
Use Universal Health in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Universal Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Universal Health will appreciate offsetting losses from the drop in the long position's value.Universal Health Pair Trading
Universal Health Services Pair Trading Analysis
The ability to find closely correlated positions to Universal Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Universal Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Universal Health Services to buy it.
The correlation of Universal Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Universal Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Health Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Universal Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Universal Health position
In addition to having Universal Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Hotels
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hotels Theme or any other thematic opportunities.
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Additional Tools for Universal Stock Analysis
When running Universal Health's price analysis, check to measure Universal Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Health is operating at the current time. Most of Universal Health's value examination focuses on studying past and present price action to predict the probability of Universal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Health's price. Additionally, you may evaluate how the addition of Universal Health to your portfolios can decrease your overall portfolio volatility.