UNH can break $600 provided it maintains >20x PE multiple.
At $511, UNH shares trade at 21.72x TTM Earnings Per Share of $23.53 for the twelve months ending in June 2023.
The company is expected to report $24.87 in EPS for the current fiscal year, $27.94 in the next fiscal year, and $31.37 in the year after.
The 200D EMA PE Ratio for UNH was 23.20x.
Placing a 21.7x and 23.2x multiple implies a 6% and 13% rally by the end of the current fiscal year. Placing a 21.7x and 23.2x multiple for the subsequent fiscal year's EPS of $27.94 implies a rally of 19% and 27%. Placing a 21.7x and 23.2x multiple for the $31.37, the company is expected to earn in two fiscal years implies shares can rally 33% and 43%, respectively.
The company is expected to report $24.87 in EPS for the current fiscal year, $27.94 in the next fiscal year, and $31.37 in the year after.
The 200D EMA PE Ratio for UNH was 23.20x.
Placing a 21.7x and 23.2x multiple implies a 6% and 13% rally by the end of the current fiscal year. Placing a 21.7x and 23.2x multiple for the subsequent fiscal year's EPS of $27.94 implies a rally of 19% and 27%. Placing a 21.7x and 23.2x multiple for the $31.37, the company is expected to earn in two fiscal years implies shares can rally 33% and 43%, respectively.