TD Cowen analyst Ryan Langston maintains $UnitedHealth (UNH.US)$ with a buy rating, and maintains the target price at $609.
According to TipRanks data, the analyst has a success rate of 63.6% and a total average return of 5.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $UnitedHealth (UNH.US)$'s main analysts recently are as follows:
The early signal from UnitedHealth regarding its fiscal year 2025 earnings per share, suggesting approximately $30 at the upper end, represents a more cautious stance compared to previous tendencies and has evidently impacted the stock. Nonetheless, it is perceived as a 'low bar' that the company should be able to surpass with relative ease, according to an analyst in a post-earnings briefing.
The recent sell-off in UnitedHealth's stock following guidance for 2025 that didn't meet expectations has drawn attention to its comparative advantages over competitors, with anticipated benefits arising from market share growth. Despite pressures on rates and reimbursements within the Medicare Advantage industry, UnitedHealth is considered well-equipped to handle these challenges due to the profitability of its MA segment. Post the company's Q3 report, earnings per share forecasts have been modestly reduced, alongside a decrease in the multiple applied to these revised estimates.
The firm has updated its model post the third-quarter results, and is now focusing on the upcoming Investor Day on December 4th for a clearer perspective on the 2025 EPS forecast, Medicare Advantage enrollment trends, and further insights into the Medicaid rate environment.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
