UnitedHealth (UNH) shares clocked seven straight sessions of losses on Thursday, as the stock was 1.5% lower at $322.96.
The managed care giant lost nearly 8% in the preceding six sessions. Overall, the stock has fallen 34.7% so far this year, compared to the 15.5% rise in the broader S&P 500 Index (SP500).
UNH is down 12% over the past one month.
In the third quarter, UnitedHealth (UNH) beat Wall Street expectations and raised its full-year earnings outlook.
Looking at Seeking Alpha’s Quant Rating, UNH has a Hold rating with a score of 3.2 out of 5. The company received A+ in the prospect of profitability, while it received F in the growth factor.
Seeking Alpha analysts are positive and see the stock as a Buy.
Turing to the Wall Street, 18 analysts have given the stock a Buy or above rating. Seven gave the stock hold recommendation, while two gave Strong Sell rating to UNH.
“UNH’s strategy to absorb cost pressures instead of passing them to members preserves membership and drives double-digit revenue growth despite sector headwinds,” pointed out a recent Seeking Alpha analysis.