Select Medical Holdings Reaches New 1-Year High at $15.86 (SEM)
Select Medical Holdings (NYSE:SEM)’s share price hit a new 52-week high during mid-day trading on Thursday , AnalystRatings.Net reports. The stock traded as high as $15.86 and last traded at $15.73, with a volume of 277,642 shares changing hands. The stock had previously closed at $15.64.
SEM has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Select Medical Holdings from an “outperform” rating to a “neutral” rating in a research note on Wednesday. They now have a $17.00 price target on the stock. Finally, analysts at Robert W. Baird raised their price target on shares of Select Medical Holdings from $15.00 to $16.00 in a research note on Monday, May 5th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $18.50.
The stock’s 50-day moving average is $15.04 and its 200-day moving average is $12.7. The company has a market cap of $2.057 billion and a P/E ratio of 19.31.
Select Medical Holdings (NYSE:SEM) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.01. The company had revenue of $762.60 million for the quarter, compared to the consensus estimate of $760.50 million. During the same quarter in the previous year, the company posted $0.25 earnings per share. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. Analysts expect that Select Medical Holdings will post $0.93 EPS for the current fiscal year.
Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.