Should Weakness in Universal Health Services, Inc.’s (NYSE:UHS) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
With its stock down 18% over the past three months, it is easy to disregard Universal Health Services (NYSE:UHS). However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Specifically, we decided to study Universal Health Services’ ROE in this article.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
See our latest analysis for Universal Health Services
How To Calculate Return On Equity?
ROE can be calculated by using the formula:
Return on Equity =…
