Upward Trajectory: Surgery Partners Inc (SGRY) Posts a Gaine, Closing at 31.24

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The closing price of Surgery Partners Inc (NASDAQ: SGRY) was $31.24 for the day, up 0.42% from the previous closing price of $31.11. In other words, the price has increased by $0.42 from its previous closing price. On the day, 1.58 million shares were traded. SGRY stock price reached its highest trading level at $31.56 during the session, while it also had its lowest trading level at $30.81.

Ratios:

Our analysis of SGRY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.75. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 3970416640 and an Enterprise Value of 8330298880. As of this moment, Surgery’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10413.33, and their Forward P/E ratio for the next fiscal year is 24.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 226.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 2.02. Its current Enterprise Value per Revenue stands at 2.981 whereas that against EBITDA is 15.029.

Stock Price History:

Over the past 52 weeks, SGRY has reached a high of $39.64, while it has fallen to a 52-week low of $22.05. The 50-Day Moving Average of the stock is 20.31%, while the 200-Day Moving Average is calculated to be 9.68%.

Shares Statistics:

SGRY traded an average of 1.11M shares per day over the past three months and 1726290 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 66.22% stake in the company. Shares short for SGRY as of 1721001600 were 12266288 with a Short Ratio of 11.04, compared to 1718323200 on 11105436. Therefore, it implies a Short% of Shares Outstanding of 12266288 and a Short% of Float of 21.25.

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