UnitedHealth Group (UNH) Boasts Earnings & Price Momentum: Should You Buy?

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Breaking Down the Zacks Focus List

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When stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

Earnings estimates, or expectations of growth and profitability, come from brokerage analysts who track publicly traded companies; these analysts work together with company management to analyze every aspect that may affect future earnings, like interest rates, the economy, and sector and industry optimism.

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The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.

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Focus List Spotlight: UnitedHealth Group (UNH)

UnitedHealth Group, Inc. provides a wide range of health care products and services, such as health maintenance organizations (HMOs), point of service plans (POS), preferred provider organizations (PPOs), and managed fee-for-service programs.

On June 22, 2015, UNH was added to the Focus List at $120.33 per share. Shares have increased 283.61% to $461.60 since then, and the company is a #3 (Hold) on the Zacks Rank.

For fiscal 2022, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $21.70. UNH boasts an average earnings surprise of 8.4%.

Moreover, analysts are expecting UNH's earnings to grow 14.1% for the current fiscal year.

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