Surging Earnings Estimates Signal Good News for UnitedHealth Group (UNH)

UNH

UnitedHealth Group Incorporated (UNH - Free Report) operates as a diversified health and well-being company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on UNH’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that UnitedHealth Group could be a solid choice for investors.

Current Quarter Estimates for UNH

In the past 30 days, six estimates have gone higher for UnitedHealth Group while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from $2.51 a share 30 days ago, to $2.87 today, a move of 14.3%.

Current Year Estimates for UNH

Meanwhile, UnitedHealth Group’s current year figures are also looking quite promising, with ten estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $10.81 per share 30 days ago to $12.34 per share today, an increase of 14.2%.

UnitedHealth Group Incorporated Price and Consensus

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