Select Medical (NYSE:SEM) Upgraded by Wall Street Zen to “Buy” Rating

Select Medical (NYSE:SEM) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research firms also recently weighed in on SEM. Benchmark reiterated a “buy” rating on shares of Select Medical in a research note on Monday, October 27th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Select Medical in a report on Wednesday, October 8th. UBS Group reiterated a “neutral” rating and issued a $14.00 target price (down previously from $15.00) on shares of Select Medical in a research note on Monday, August 4th. Royal Bank Of Canada boosted their price target on shares of Select Medical from $16.00 to $20.00 and gave the company an “outperform” rating in a research report on Wednesday, October 8th. Finally, Bank of America cut their price target on Select Medical from $18.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, September 10th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Select Medical currently has an average rating of “Moderate Buy” and a consensus target price of $17.80.

Select Medical Stock Down 0.1%

Select Medical stock opened at $13.30 on Friday. The firm has a 50 day moving average price of $13.20 and a 200-day moving average price of $14.11. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.92. Select Medical has a twelve month low of $11.65 and a twelve month high of $40.98. The company has a market capitalization of $1.65 billion, a P/E ratio of 12.55, a P/E/G ratio of 0.57 and a beta of 1.30.

Select Medical (NYSE:SEM) last posted its quarterly earnings data on Thursday, October 30th. The health services provider reported $0.23 EPS for the quarter, beating the consensus estimate of $0.18 by $0.05. Select Medical had a return on equity of 8.87% and a net margin of 2.37%.The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. Select Medical’s revenue for the quarter was up 7.2% on a year-over-year basis. Select Medical has set its FY 2025 guidance at 1.140-1.240 EPS. As a group, equities analysts predict that Select Medical will post 1.17 EPS for the current year.

Institutional Investors Weigh In On Select Medical

A number of hedge funds have recently made changes to their positions in the stock. MAI Capital Management raised its stake in shares of Select Medical by 48,000.0% during the 2nd quarter. MAI Capital Management now owns 2,405 shares of the health services provider’s stock valued at $37,000 after buying an additional 2,400 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Select Medical by 61.6% during the first quarter. Caitong International Asset Management Co. Ltd now owns 2,703 shares of the health services provider’s stock worth $45,000 after acquiring an additional 1,030 shares during the period. Cornerstone Planning Group LLC raised its position in Select Medical by 6,868.4% during the third quarter. Cornerstone Planning Group LLC now owns 3,972 shares of the health services provider’s stock valued at $51,000 after acquiring an additional 3,915 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Select Medical in the first quarter valued at approximately $60,000. Finally, Wilmington Savings Fund Society FSB boosted its position in Select Medical by 20.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 5,784 shares of the health services provider’s stock worth $74,000 after purchasing an additional 999 shares in the last quarter. 89.48% of the stock is currently owned by hedge funds and other institutional investors.

Select Medical Company Profile

Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.