Stock Update (NYSE:UNH): March of Dimes, UnitedHealth Group Launch Group Prenatal Care Program to Help Improve Health Outcomes for Mothers and Babies, and Reduce Health Care Costs

[Business Wire] – March of Dimes and UnitedHealth Group are launching a new group prenatal care program designed to help improve mothers’ and babies’ health during pregnancy, birth and infancy. Read more on this. UnitedHealth Group Incorporated (UNH) , with a current market cap of $131.92B, started the session at $139.35. Today, shares have traded between $138.36 and $139.98 per share with a trailing 52-week range being $95.00 to $140.89. Priced at 17.48x this year’s forecasted earnings, UNH shares are relatively expensive compared to the industry’s 8.54x forward p/e ratio. The company pays shareholders $2.50 per share annually in dividends, yielding 1.80%. According to a consensus of 23 analysts, the earnings estimate of $1.89 per share would be $0.16 better than the year-ago quarter and a $0.03 sequential decrease. Investors should also note that the full-year EPS estimate of $7.89 is a $1.44 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $45.06 Billion. If realized, that would be a 24.27% increase over the year-ago quarter. More recently, Bernstein Initiated UNH at Outperform (Jun 16, 2016). Previously, Citigroup Initiated UNH at to Buy. With the above information in mind, readers should note that the average price target is $150.86, which is 8.26% above where the stock opened this morning. See more in (NYSE:UNH) Similar Articles: Stock Update: UnitedHealth Group Incorporated (NYSE:UNH) – UnitedHealth Group Schedules Second Quarter Earnings Release and Conference Call for July 19, 2016 Market Update: UnitedHealth Group Incorporated (NYSE:UNH) – Integra and UnitedHealthcare to Improve Medicaid Patients’ Health and Health Care in Rhode Island Market Update: UnitedHealth Group Incorporated (NYSE:UNH) – Technical Snapshot on Health Care Plans Stocks — Express Scripts Holding, CVS Health, UnitedHealth Group, and Aetna