Select Medical Holdings Corporation (NYSE:SEM) received a $25.00 target price from stock analysts at Robert W. Baird in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the health services provider’s stock. Robert W. Baird’s price target points to a potential upside of 31.10% from the company’s previous close.

Several other research analysts have also weighed in on the company. ValuEngine raised Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $19.00 price target on shares of Select Medical Holdings Corporation in a research report on Wednesday, September 13th. Zacks Investment Research lowered Select Medical Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. BidaskClub raised Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, June 29th. Finally, JMP Securities boosted their price target on 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. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $18.14.

Shares of Select Medical Holdings Corporation (NYSE:SEM) traded up 3.64% during midday trading on Monday, reaching $19.07. The company’s stock had a trading volume of 2,230,115 shares. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 30.22 and a beta of 1.42. Select Medical Holdings Corporation has a 12 month low of $10.20 and a 12 month high of $19.60. The company has a 50-day moving average price of $18.36 and a 200-day moving average price of $15.94.

Select Medical Holdings Corporation (NYSE:SEM) last posted its quarterly earnings results on Thursday, August 3rd. The health services provider reported $0.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.25 by $0.07. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. Select Medical Holdings Corporation had a return on equity of 9.61% and a net margin of 1.95%. The business’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.23 EPS. Equities analysts expect that Select Medical Holdings Corporation will post $0.89 earnings per share for the current year.

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In other news, insider David S. Chernow sold 133,025 shares of Select Medical Holdings Corporation stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $17.85, for a total transaction of $2,374,496.25. Following the completion of the transaction, the insider now directly owns 729,815 shares in the company, valued at approximately $13,027,197.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 19.93% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Pacad Investment Ltd. boosted its stake in shares of Select Medical Holdings Corporation by 58.7% during the 2nd quarter. Pacad Investment Ltd. now owns 7,300 shares of the health services provider’s stock worth $112,000 after acquiring an additional 2,700 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Select Medical Holdings Corporation by 0.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,313 shares of the health services provider’s stock worth $111,000 after acquiring an additional 70 shares during the period. Riverhead Capital Management LLC boosted its stake in shares of Select Medical Holdings Corporation by 78.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,722 shares of the health services provider’s stock worth $134,000 after acquiring an additional 3,822 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Select Medical Holdings Corporation by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,317 shares of the health services provider’s stock worth $125,000 after acquiring an additional 107 shares during the period. Finally, Flinton Capital Management LLC boosted its stake in shares of Select Medical Holdings Corporation by 75.8% during the 2nd quarter. Flinton Capital Management LLC now owns 9,744 shares of the health services provider’s stock worth $150,000 after acquiring an additional 4,200 shares during the period. Institutional investors own 78.98% of the company’s stock.

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.

Analyst Recommendations for Select Medical Holdings Corporation (NYSE:SEM)

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