Select Medical Holdings (SEM) Receives $20.57 Average PT from Analysts
Shares of Select Medical Holdings (NYSE:SEM) have been given an average recommendation of “Buy” by the eleven research firms that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $20.57.
A number of research firms have commented on SEM. Zacks Investment Research upgraded Select Medical from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Tuesday, March 13th. Robert W. Baird restated a “buy” rating and set a $26.00 price objective on shares of Select Medical in a research note on Friday, February 23rd. JMP Securities upgraded Select Medical from an “underperform” rating to a “market perform” rating and set a $12.00 price objective on the stock in a research note on Tuesday, February 27th. TheStreet upgraded Select Medical from a “c+” rating to a “b-” rating in a research note on Thursday, March 1st. Finally, ValuEngine lowered Select Medical from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 7th.
In other news, insider Scott A. Romberger sold 5,000 shares of Select Medical stock in a transaction on Monday, February 26th. The stock was sold at an average price of $18.46, for a total value of $92,300.00. Following the transaction, the insider now owns 167,811 shares in the company, valued at approximately $3,097,791.06. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 19.86% of the company’s stock.
Select Medical stock opened at $18.15 on Wednesday. Select Medical has a one year low of $13.05 and a one year high of $19.77. The company has a debt-to-equity ratio of 2.87, a quick ratio of 1.52 and a current ratio of 1.52. The firm has a market cap of $2,474.22, a price-to-earnings ratio of 18.83, a P/E/G ratio of 1.23 and a beta of 1.29.
Select Medical (NYSE:SEM) last posted its quarterly earnings data on Wednesday, February 21st. The health services provider reported $0.31 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.12. Select Medical had a return on equity of 14.27% and a net margin of 3.99%. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the company earned $0.12 EPS. The company’s revenue was up 6.5% on a year-over-year basis. equities research analysts expect that Select Medical will post 1.07 earnings per share for the current fiscal year.
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Select Medical Company Profile
Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates acute care hospitals (LTCHs), inpatient rehabilitation facilities (IRFs), outpatient rehabilitation clinics, and occupational medicine centers in the United States. The company operates through four segments: Long Term Acute Care, Inpatient Rehabilitation, Outpatient Rehabilitation, and Concentra.
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