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Surgery Partners Inc (SGRY)
NASDAQ:SGRY
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SGRY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$22.05 - $36.92
Previous Close$31.92
Volume1.07M
Average Volume (3M)1.04M
Market Cap
$4.06B
Enterprise Value$8.90B
Total Cash (Recent Filing)$213.50M
Total Debt (Recent Filing)$3.39B
Price to Earnings (P/E)―
Beta1.86
Next Earnings
Nov 05, 2024EPS Estimate
$0.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.27
Shares Outstanding127,123,940
10 Day Avg. Volume783,014
30 Day Avg. Volume1,040,306
Standard Deviation0.23
R-Squared0.40
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.08
Price to Sales (P/S)1.40
Price to Cash Flow (P/CF)12.30
P/FCF Ratio18.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.08
Enterprise Value/Gross Profit13.75
Enterprise Value/Ebitda45.90
Forecast
1Y Price Target
$39.83Price Target Upside24.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Surgery Partners News
Bulls Say, Bears Say
Bulls Say
Earnings And MarginsAdjusted EBITDA margin expanded +50bps y/y to 15.5%, driven by lower supply costs and procurement and revenue cycle initiatives.
Revenue GrowthStrong s-s case growth trends were the highlight of the quarter, coupled with stable pricing growth that supported solid ~+10% s-s revenue growth.
Strategic InitiativesThe company continues to execute on its strategy of targeting higher-acuity procedures, as illustrated by its deployment of $220mm on musculoskeletal facility acquisitions in the quarter.
Bears Say
Cash FlowSGRY has delivered $22 mn free cash flow year-to-date, representing about 15% of the 2024 target of $150 mn and implying a steep ramp in the back half that likely weighed on the stock.
Stock PerformancePersistent underperformance in the stock since Bain's mid-Dec 2023 equity deal.
ValuationSGRY's valuation is nearly 2x THC's and probably not in sync with its meaningful deleveraging progress.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
SGRY FAQ
What was Surgery Partners Inc’s price range in the past 12 months?
Surgery Partners Inc lowest stock price was $22.05 and its highest was $36.91 in the past 12 months.
What is Surgery Partners Inc’s market cap?
Currently, no data Available
When is Surgery Partners Inc’s upcoming earnings report date?
Surgery Partners Inc’s upcoming earnings report date is Nov 05, 2024 which is in 14 days.
How were Surgery Partners Inc’s earnings last quarter?
Surgery Partners Inc released its earnings results on Aug 06, 2024. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.2 by $0.01.
Is Surgery Partners Inc overvalued?
According to Wall Street analysts Surgery Partners Inc’s price is currently Undervalued.
Does Surgery Partners Inc pay dividends?
Surgery Partners Inc does not currently pay dividends.
What is Surgery Partners Inc’s EPS estimate?
Surgery Partners Inc’s EPS estimate is $0.25.
How many shares outstanding does Surgery Partners Inc have?
Surgery Partners Inc has 127,123,940 shares outstanding.
What happened to Surgery Partners Inc’s price movement after its last earnings report?
Surgery Partners Inc reported an EPS of $0.21 in its last earnings report, beating expectations of $0.2. Following the earnings report the stock price went up 3.203%.
Which hedge fund is a major shareholder of Surgery Partners Inc?
Among the largest hedge funds holding Surgery Partners Inc’s share is Deerfield Management Company, LP. It holds Surgery Partners Inc’s shares valued at 112M.
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Surgery Partners Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$39.83 (24.78% Upside)
$39.83 (24.78% Upside)
Blogger Sentiment
Bullish
SGRY Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $196.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.79%
12-Months-Change
Fundamentals
Return on Equity
-1.70%
Trailing 12-Months
Asset Growth
13.11%
Trailing 12-Months
Company Description
Surgery Partners Inc
Surgery Partners, Inc. is healthcare services holding company, which engages in the provision of solutions for surgical and related ancillary care in support of its patients and physicians. It operates through the following business segments: Surgical Facility Services, Ancillary Services, and Optical Services. The Surgical Facility Services segment consists of the operation of ambulatory surgery centers and surgical hospitals, including anesthesia services of the company. The Ancillary Services segment operates a diagnostic laboratory and multi-specialty physician practices. The Optical Services segment involves an optical laboratory and an optical products group purchasing organization. The company was founded in 2004 and is headquartered in Brentwood, TN.
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SGRY Earnings Call
Q2 2024
0:00 / 0:00
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SGRY Stock 12 Month Forecast
Average Price Target
$39.83
▲(24.78% Upside)
Technical Analysis
Best Analysts Covering SGRY
1 Year
1 Year Success Rate
12/23 ratings generated profit
1 Year Average Return
+18.88%
reiterated a buy rating 8 months ago
Copying Brian Tanquilut's trades and holding each position for 1 Year would result in 52.17% of your transactions generating a profit, with an average return of +18.88% per trade.
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