UnitedHealth at 19.09X P/E: Worth the Price or Time to Take Profits?

UnitedHealth Group Incorporated (UNH) is currently viewed as expensive, with the stock trading at a 19.09X forward 12-month Price/Earnings (P/E), which is at a premium compared with the Zacks Medical – HMOs industry average of 16.67X.A premium valuation generally reflects the market’s strong confidence in the company's future prospects. UnitedHealth has a Value Score of B now. However, it is important to closely evaluate whether this elevated price is justified based on its growth prospects, fundamentals an ...