Select Medical Holdings Corporation (NYSE:SEM) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Select Medical Holdings Corporation (NYSE:SEM) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $17.80.

SEM has been the subject of several research reports. Royal Bank Of Canada increased their target price on shares of Select Medical from $16.00 to $20.00 and gave the company an “outperform” rating in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Select Medical in a research report on Wednesday, October 8th. Mizuho set a $17.00 price objective on Select Medical in a report on Monday, November 3rd. Benchmark reaffirmed a “buy” rating on shares of Select Medical in a research report on Monday, October 27th. Finally, Wall Street Zen raised shares of Select Medical from a “hold” rating to a “buy” rating in a report on Saturday, November 8th.

Select Medical Stock Up 2.4%

SEM opened at $15.45 on Friday. The business has a 50 day moving average of $14.68 and a 200-day moving average of $13.88. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 17.96, a P/E/G ratio of 0.53 and a beta of 1.26. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.87. Select Medical has a 1-year low of $11.65 and a 1-year high of $20.83.

Select Medical (NYSE:SEM) last released its earnings results 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. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Select Medical had a net margin of 2.05% and a return on equity of 7.41%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.43 EPS. Select Medical has set its FY 2025 guidance at 1.140-1.240 EPS. As a group, sell-side analysts anticipate that Select Medical will post 1.17 earnings per share for the current year.

Select Medical Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Wednesday, November 12th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, November 12th. Select Medical’s dividend payout ratio is 29.07%.

Hedge Funds Weigh In On Select Medical

A number of hedge funds have recently modified their holdings of the stock. Quantbot Technologies LP acquired a new stake in Select Medical in the 3rd quarter valued at $27,000. MAI Capital Management lifted its holdings in shares of Select Medical by 48,000.0% during the second quarter. MAI Capital Management now owns 2,405 shares of the health services provider’s stock valued at $37,000 after acquiring an additional 2,400 shares during the period. Cornerstone Planning Group LLC boosted its stake in shares of Select Medical by 6,868.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 3,972 shares of the health services provider’s stock valued at $51,000 after purchasing an additional 3,915 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Select Medical by 147.9% in the 4th quarter. GAMMA Investing LLC now owns 4,713 shares of the health services provider’s stock worth $70,000 after purchasing an additional 2,812 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB increased its position in shares of Select Medical by 20.9% during 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 owned by institutional investors and hedge funds.

About Select Medical

Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.

Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.