Candle

Million

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>UNH Stock rallied 9.51% in a week but dropped 3.54% YTD. </a> </li> 
 <li> <span>2</span> <a>Experts argue that the current UNH share price is undervalued. </a> </li> 
</ul> 
<p>UnitedHealth Group Inc. (NYSE: UNH) released its Q2 earnings report on July 14, 2023, causing UNH stock to swell 9.97% before dropping slightly. Experts argue that the current stock price of $506.53 is undervalued by nearly 25%. The intrinsic value of the health care insurer could be promoted by taking future cash flow into account and discounting them with present value.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-unitedhealth-group-inc-unh-stock-financial-analysis-strong"><strong>UnitedHealth Group Inc. (UNH Stock): Financial Analysis</strong></h2> 
<p>Aperion RIA LLC increased its stake in the company by 0.8% in Q1 2023; they added 20 shares to its portfolio worth $1.22 Million. Zullo Investment Group Inc. also boosted its position in the healthcare conglomerate by 0.7% in Q2 2023 and it owns 3,001 shares worth $1.44 Million.&nbsp;</p> 
<p>Many institutional investment firms and hedge funds altered their position in UnitedHealth Group Inc.&nbsp;</p> 
<p>In Q2 2023, the company’s medical care ratio was 83.2%, while in Q2 2022, it was 81.5%. Favorable medical reserve development in Q2 is $480 Million, which was $470 Million in Q1 2023 and around $890 Million in Q2 2022.&nbsp;</p> 
<p>Cash flow from operations in Q2 was $11.0 Billion. The company returned around $4.8 Billion to its shareholders in the form of dividends. While in June 2023, its annual dividend rate was 14%.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-unitedhealth-group-inc-nyse-unh-technical-analysis-strong"><strong>UnitedHealth Group Inc. (NYSE: UNH): Technical Analysis</strong></h2> 
<p>At press time, <a href="https://www.thecoinrepublic.com/2023/07/11/is-unitedhealth-group-inc-unh-stock-entered-in-bearish-trend/" target="_blank" rel="noopener noreferrer nofollow">UNH Stock</a> is changing hands at $506.53 with a jump of 0.45%; previous close and open were at $504.24 and $505.05, respectively. The 52-week range is from $445.68 to $558.10 indicating that a strong rally could create new highs.&nbsp;</p> 
<p>With an average volume of 3.69 Million shares, the market cap is $471.596 Billion.&nbsp;</p> 
<p>The trailing twelve-month (TTM) price-to-earnings (P/E) ratio is 22.67, indicating an undervalued stock price. Also, the (TTM) earnings per share (EPS) is $22.34 showing strength. Analysts provided a 3.00 rating for buy and estimated a price target at $583.40 with a 15.2% upside.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/oXwImyOI0LyXk2aLprbSHNqlvYX4mATUTctdesb6fnlgwbnt9T5bY_8cN6Q9qHFjgHcRiXxhgolDTqA0Kevz6ltm7MDSUM2rzB_EBwsSryILekxYfVfkonoZTqk07VcZDt6OJSWK_yBh3V9R2jClMFQ" alt="UnitedHealth Group Inc. (UNH Stock): Share Price Devalued by 25%"> 
  <figcaption class="wp-element-caption"> <strong>Analyst chart; NYSE: UNH; MarketBeat</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>UnitedHealth Group reported its Q2 earnings on July 14, 2023, where the reported revenue of $92.903 Billion surpassed the expected value of $90.968 Billion by 2.13%.&nbsp;</p> 
<p>Compared to the previous quarter, revenue jumped 15.65%. At the same time, the reported earnings of $6.14 per share exceeded the estimated value of $5.991 per share by 2.49%. Compared to Q1, earnings gained 10.23%.&nbsp;</p> 
<p>Operating costs jumped from 14.6% in Q2 2022 to 14.9% in Q2 2023, as the company’s investment to propel and support future opportunities partially offsets productivity improvements. Operating margin (TTM) gained 8.75%, while the year-over-year (YoY) quarterly revenue growth jumped 15.60%.&nbsp;</p> 
<p>The net income gained 7.97% to $5.47 Billion, the net profit margin fell 6.66% to 5.89, and the profit margin swelled by 7.47%. The total cash in hand at the end of the most recent quarter (MRQ) is $46.28 Billion, while the total debt (MRQ) is $65.59 Billion.&nbsp;</p> 
<p>The subsequent earnings will be reported on October 17, 2023, where earnings shall be around $6.349 per share. The revenue will be $91.311 Billion.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-unitedhealth-group-inc-unh-stock-candle-exploration-strong"><strong>UnitedHealth Group Inc. (UNH Stock): Candle Exploration</strong></h2> 
<p>The recent rally surrounding earnings is vital as a high trading volume accompanies it. However, as soon as it crossed the EMA, price action seemed to have slowed down. It could try to enter the selling zone but surpassing the zone is unlikely as of now.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/ezaS0j9QiRyhojZ8QHz_LtLoNao2S_JHKcZQn5KGn3i-gsBMvEdAXmz84mOlnRaoV2WTaxLdt7FdmhVMbXzgVL7mVUAQbDhr0iz00zHi0-H79OYcM_5yi9Iv2Wg6RrT0Rfn3Cj2LW-HiSiNuqHbNH6Q" alt="UnitedHealth Group Inc. (UNH Stock): Share Price Devalued by 25%"> 
  <figcaption class="wp-element-caption"> <strong>NYSE: UNH; Candle Chart; TradingView</strong> 
  </figcaption> 
 </figure> 
</div> 
<p>For some time, the price shall consolidate in the expected range. A drop below S1 at $482.16 is unlikely. Even if it does happen, S2 at $447.63 will act as the last line of defense. A bullish momentum could be seen if the price surpasses the selling zone.&nbsp;</p> 
<h5 class="wp-block-heading"><strong>Disclaimer:&nbsp;</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets and stocks comes with a risk of financial loss.</p>

UnitedHealth Group Inc. (UNH Stock): Share Price Devalued by 25%

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