Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate UnitedHealth Group Inc before investing.

In this article, we go over a few key elements for understanding UnitedHealth Group Inc’s stock price such as:

• UnitedHealth Group Inc’s current stock price and volume
• Why UnitedHealth Group Inc’s stock price changed recently
• Upgrades and downgrades for UNH from analysts
• UNH’s stock price momentum as measured by its relative strength

About UnitedHealth Group Inc (UNH)

Before we jump into UnitedHealth Group Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

UnitedHealth Group Incorporated is a healthcare company. The Company has two businesses, Optum and UnitedHealthcare. Optum serves the health care marketplace, including patients and consumers, payers, care providers, employers, governments and life sciences companies. UnitedHealthcare offers a full range of health benefits designed to simplify the health care experience and make it more affordable for consumers to access care. UnitedHealthcare Employer & Individual serves consumers and employers, ranging from sole proprietorships to large, multi-site and national employers and public sector employers. UnitedHealthcare Medicare & Retirement delivers health and well-being benefits to seniors and other Medicare eligible consumers. The Company’s segments include Optum Health, Optum Insight, Optum Rx and UnitedHealthcare. UnitedHealthcare segment includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement and UnitedHealthcare Community & State.

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UnitedHealth Group Inc’s Stock Price as of Market Close

As of July 17, 2024, 4:00 PM, CST, UnitedHealth Group Inc’s stock price was $573.28.

UnitedHealth Group Inc is up 4.45% from its previous closing price of $548.87.

During the last market session, UnitedHealth Group Inc’s stock traded between $527.13 and $549.92. Currently, there are 922.00 million shares of UnitedHealth Group Inc stock available for purchase.

UnitedHealth Group Inc’s price-earnings (P/E) ratio is currently at 33.5, which is high compared to the Managed Health care industry median of 22.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

UnitedHealth Group Inc Stock Price History

UnitedHealth Group Inc’s (UNH) price is currently up 12.57% so far this month.

During the month of July, UnitedHealth Group Inc’s stock price has reached a high of $573.61 and a low of $484.50.

Over the last year, UnitedHealth Group Inc has hit prices as high as $554.70 and as low as $436.38. Year to date, UnitedHealth Group Inc’s stock is up 8.13%.

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What Caused UnitedHealth Group Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 16, 2024, there were 6 analysts who downgraded UnitedHealth Group Inc’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate UnitedHealth Group Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on UnitedHealth Group Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

UnitedHealth Group Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about UnitedHealth Group Inc (UNH) by visiting AAII Stock Evaluator.

Relative Price Strength of UnitedHealth Group Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 16, 2024, UnitedHealth Group Inc has a weighted four-quarter relative price strength of -0.46%, which translates to a Momentum Score of 65 and is considered to be Strong.

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UnitedHealth Group Inc Stock Price: Bottom Line

As of July 17, 2024, UnitedHealth Group Inc’s stock price is $573.28, which is up 4.45% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like UnitedHealth Group Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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