Select Medical Holdings Corporation (SEM) Given Coverage Optimism Rating of 0.17
News headlines about Select Medical Holdings Corporation (NYSE:SEM) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Select Medical Holdings Corporation earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the health services provider an impact score of 47.0441510580346 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
SEM has been the topic of several recent analyst reports. Zacks Investment Research cut shares of Select Medical Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. BidaskClub raised shares of Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, June 29th. JMP Securities lifted their target price on shares of Select Medical Holdings Corporation from $10.00 to $12.00 and gave the stock a “market underperform” rating in a research report on Monday, August 7th. Deutsche Bank AG lifted their target price on shares of Select Medical Holdings Corporation from $20.00 to $22.00 and gave the stock a “hold” rating in a research report on Monday, August 7th. Finally, Robert W. Baird raised shares of Select Medical Holdings Corporation from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $15.00 to $21.00 in a research report on Monday, August 7th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Select Medical Holdings Corporation presently has a consensus rating of “Hold” and a consensus target price of $17.29.
Shares of Select Medical Holdings Corporation (SEM) opened at 16.50 on Thursday. Select Medical Holdings Corporation has a 12-month low of $10.20 and a 12-month high of $18.80. The company has a 50 day moving average of $16.46 and a 200-day moving average of $14.37. The company has a market cap of $2.19 billion, a PE ratio of 26.15 and a beta of 1.45.
Select Medical Holdings Corporation (NYSE:SEM) last announced its quarterly earnings data on Thursday, August 3rd. The health services provider reported $0.32 EPS for the quarter, beating the consensus estimate of $0.25 by $0.07. Select Medical Holdings Corporation had a net margin of 1.95% and a return on equity of 9.61%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same period in the previous year, the business posted $0.23 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. Equities research analysts anticipate that Select Medical Holdings Corporation will post $0.90 earnings per share for the current year.
In other Select Medical Holdings Corporation news, insider Scott A. Romberger sold 3,127 shares of Select Medical Holdings Corporation stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $14.37, for a total transaction of $44,934.99. Following the completion of the sale, the insider now directly owns 159,084 shares in the company, valued at approximately $2,286,037.08. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Michael E. Tarvin sold 4,500 shares of Select Medical Holdings Corporation stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of $15.25, for a total transaction of $68,625.00. Following the sale, the executive vice president now owns 324,137 shares of the company’s stock, valued at $4,943,089.25. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 50,575 shares of company stock valued at $768,517. Company insiders own 19.93% of the company’s stock.
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About Select Medical Holdings Corporation
Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.
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