Universal Health Services (UHS) Is Up 18.18% in One Week: What You Should Know

Momentum Investing Overview - Momentum investing focuses on following a stock's recent trend, aiming to buy high and sell even higher [1] - The strategy relies on identifying stocks that are likely to continue moving in their current direction [1] Universal Health Services (UHS) Performance - UHS shares have risen 18.18% over the past week, outperforming the Zacks Medical - Hospital industry's 10.13% gain [2] - Over the past month, UHS shares have increased by 15.55%, compared to the industry's 10.43% performance [2] - UHS has seen a 27.42% rise over the past quarter and a 54.02% increase over the last year, significantly outperforming the S&P 500's 7.48% and 21.12% gains, respectively [8] Trading Volume and Momentum Indicators - UHS has an average 20-day trading volume of 816,389 shares, which is a useful indicator for establishing price-to-volume baselines [3] - A rising stock with above-average volume is generally considered a bullish sign [3] Earnings Estimate Revisions - Over the past two months, 3 earnings estimates for UHS have moved higher compared to 1 lower for the full year, boosting the consensus estimate from $13.64 to$14.19 [13] - For the next fiscal year, 3 estimates have moved upwards with no downward revisions in the same period [13] Zacks Rank and Momentum Style Score - UHS currently holds a Zacks Rank of 2 (Buy) and a Momentum Style Score of A, indicating strong potential for outperformance [6][14] - Stocks with Zacks Rank 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B tend to outperform the market over the following one-month period [6] Industry Comparison and Momentum Metrics - Comparing a stock's short-term price activity to its industry can help identify top companies in a particular sector [7] - Longer-term price metrics, such as performance over the last three months or year, are also advantageous for evaluating momentum [8]