UnitedHealth Group (UNH) closed the most recent trading day at $523.17, moving +1.49% from the previous trading session. This change lagged the S&P 500's 3.06% gain on the day. At the same time, the Dow added 2.8%, and the tech-heavy Nasdaq gained 0.18%.

Heading into today, shares of the largest U.S. health insurer had lost 0.16% over the past month, outpacing the Medical sector's loss of 2.73% and the S&P 500's loss of 6.15% in that time.

Wall Street will be looking for positivity from UnitedHealth Group as it approaches its next earnings report date. This is expected to be October 14, 2022. In that report, analysts expect UnitedHealth Group to post earnings of $5.45 per share. This would mark year-over-year growth of 20.58%. Meanwhile, our latest consensus estimate is calling for revenue of $80.72 billion, up 11.59% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $21.86 per share and revenue of $322.21 billion, which would represent changes of +14.93% and +12.04%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for UnitedHealth Group. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.07% lower. UnitedHealth Group is currently sporting a Zacks Rank of #3 (Hold).

In terms of valuation, UnitedHealth Group is currently trading at a Forward P/E ratio of 23.58. This valuation marks a premium compared to its industry's average Forward P/E of 19.22.

We can also see that UNH currently has a PEG ratio of 1.62. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Medical - HMOs was holding an average PEG ratio of 1.15 at yesterday's closing price.

The Medical - HMOs industry is part of the Medical sector. This group has a Zacks Industry Rank of 61, putting it in the top 25% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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