Select Medical (NYSE:SEM) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Select Medical Holdings Corporation (NYSE:SEM) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.88 and traded as high as $15.30. Select Medical shares last traded at $15.1670, with a volume of 495,325 shares traded.

Analysts Set New Price Targets

SEM has been the subject of a number of analyst reports. Benchmark reiterated a “buy” rating on shares of Select Medical in a research note on Monday, October 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Select Medical in a research report on Wednesday. Wall Street Zen raised Select Medical from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Mizuho set a $17.00 price target on Select Medical in a research note on Monday, November 3rd. Finally, Royal Bank Of Canada lifted their price objective 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. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $17.80.

Select Medical Stock Performance

The stock has a market capitalization of $1.88 billion, a PE ratio of 17.64, a price-to-earnings-growth ratio of 0.53 and a beta of 1.26. The business’s fifty day moving average is $14.91 and its two-hundred day moving average is $13.88. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.87.

Select Medical (NYSE:SEM) last released its quarterly earnings results on Thursday, October 30th. The health services provider reported $0.23 EPS for the quarter, topping the consensus estimate of $0.18 by $0.05. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.33 billion. Select Medical had a return on equity of 7.41% and a net margin of 2.05%.The firm’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the business posted $0.43 earnings per share. Select Medical has set its FY 2025 guidance at 1.140-1.240 EPS. As a group, research analysts anticipate that Select Medical Holdings Corporation will post 1.17 EPS for the current fiscal year.

Select Medical Announces Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. State of Alaska Department of Revenue lifted its stake in shares of Select Medical by 1.5% during the 4th quarter. State of Alaska Department of Revenue now owns 63,370 shares of the health services provider’s stock worth $940,000 after acquiring an additional 935 shares during the last quarter. Sivik Global Healthcare LLC boosted its stake in shares of Select Medical by 8.6% during the fourth quarter. Sivik Global Healthcare LLC now owns 190,000 shares of the health services provider’s stock valued at $2,822,000 after purchasing an additional 15,000 shares during the period. Linden Thomas Advisory Services LLC grew its holdings in shares of Select Medical by 3.7% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 60,911 shares of the health services provider’s stock worth $905,000 after purchasing an additional 2,145 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Select Medical by 10.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 25,472 shares of the health services provider’s stock worth $377,000 after buying an additional 2,319 shares during the period. Finally, Net Worth Advisory Group lifted its holdings in Select Medical by 13.4% during the 4th quarter. Net Worth Advisory Group now owns 16,920 shares of the health services provider’s stock valued at $251,000 after buying an additional 1,997 shares in the last quarter. Institutional investors own 89.48% of the company’s stock.

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.