All research in Hospital Operations — 1 reports.
Universal Health Services is the second-largest private hospital operator in the United States, with a high-quality behavioral health segment and a discounted valuation. The core thesis is that its cash flows are real and its PE of about 6.1x is low, but the company is heavily exposed to government reimbursement and litigation risk. Research rating Cautious Buy: a durable but imperfect value opportunity, best bought with discipline around the $125 to $140 fair buy range.
