Market Watch: Surgery Partners Inc (SGRY)’s Noteworthy Gain, Closing at 28.34

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As of close of business last night, Surgery Partners Inc’s stock clocked out at $28.34, up 0.57% from its previous closing price of $28.18. In other words, the price has increased by $0.57 from its previous closing price. On the day, 1.34 million shares were traded. SGRY stock price reached its highest trading level at $28.88 during the session, while it also had its lowest trading level at $27.44.

Ratios:

To gain a deeper understanding of SGRY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.64. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 1.61 whereas as Long-Term Debt/Eq ratio is at 1.55.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Macquarie on June 28, 2024, initiated with a Outperform rating and assigned the stock a target price of $31.

On March 06, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $35.

TD Cowen Upgraded its Market Perform to Outperform on November 14, 2023, whereas the target price for the stock was revised from $39 to $35.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 12 ’24 when Burkhalter Danielle sold 6,000 shares for $26.39 per share. The transaction valued at 158,310 led to the insider holds 30,354 shares of the business.

Owens Bradley R. sold 6,000 shares of SGRY for $165,900 on May 31 ’24. The National Group President now owns 72,338 shares after completing the transaction at $27.65 per share. On Mar 14 ’24, another insider, Doherty David T, who serves as the Chief Financial Officer of the company, sold 721 shares for $28.59 each. As a result, the insider received 20,613 and left with 95,719 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGRY now has a Market Capitalization of 3601843968 and an Enterprise Value of 7963844608. As of this moment, Surgery’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9446.67, and their Forward P/E ratio for the next fiscal year is 22.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 205.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 2.85 whereas that against EBITDA is 14.367.

Stock Price History:

The Beta on a monthly basis for SGRY is 2.79, which has changed by -0.27814567 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, SGRY has reached a high of $40.31, while it has fallen to a 52-week low of $22.05. The 50-Day Moving Average of the stock is 10.70%, while the 200-Day Moving Average is calculated to be -0.25%.

Shares Statistics:

It appears that SGRY traded 1.06M shares on average per day over the past three months and 1570770 shares per day over the past ten days. A total of 126.59M shares are outstanding, with a floating share count of 72.42M. Insiders hold about 43.02% of the company’s shares, while institutions hold 66.14% stake in the company. Shares short for SGRY as of 1719532800 were 11812682 with a Short Ratio of 11.14, compared to 1717113600 on 10865422. Therefore, it implies a Short% of Shares Outstanding of 11812682 and a Short% of Float of 20.459999.

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