Universal Health Services is a holding company. Co.'s principal business is owning and operating, through its subsidiaries, acute care hospitals and outpatient facilities and behavioral health care facilities. Services provided by Co.'s hospitals include general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services and/or behavioral health services. Co. provides capital resources as well as a variety of management services to its facilities, including central purchasing, information services, finance and control systems, facilities planning and physician recruitment services. We show 56 historical shares outstanding datapoints in our UHS shares outstanding history coverage, used to compute UHS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Universal Health Services market cap history over the course of time is important for investors
interested in comparing Universal Health Services's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Universal Health Services versus a peer is one thing; comparing
Universal Health Services market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Universal Health Services can fluctuate over the course of history.
With this page we aim to empower investors researching Universal Health Services by allowing them to research the Universal Health Services market cap history. |
Free UHS Email Alerts:
Video: The Importance of Market Cap
