Several brokerages have updated their recommendations and price targets on shares of Select Medical Holdings Corporation (NYSE: SEM) in the last few weeks:

  • 11/7/2017 – Select Medical Holdings Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Select Medical Holdings Corporation, through its subsidiaries, operates specialty hospitals and outpatient rehabilitation clinics. The company’s Specialty Hospital segment offers long-term acute care hospital services and inpatient acute rehabilitative hospital care services. Its Outpatient Rehabilitation segment operates clinics and provides physical, occupational, and speech rehabilitation services. The company also provides medical rehabilitation services on a contract basis to nursing homes, hospitals, assisted living and senior care centers, schools, and work sites. The Mission of Select Medical Corporation is to ensure high-quality health care and cost-effective outcomes by providing specialty inpatient long-term acute care and rehabilitation, and outpatient rehabilitation services. The company is headquartered in Mechanicsburg, Pennsylvania. “
  • 11/6/2017 – Select Medical Holdings Corporation had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $22.00 price target on the stock.
  • 10/27/2017 – Select Medical Holdings Corporation was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Select Medical Holdings Corporation, through its subsidiaries, operates specialty hospitals and outpatient rehabilitation clinics. The company’s Specialty Hospital segment offers long-term acute care hospital services and inpatient acute rehabilitative hospital care services. Its Outpatient Rehabilitation segment operates clinics and provides physical, occupational, and speech rehabilitation services. The company also provides medical rehabilitation services on a contract basis to nursing homes, hospitals, assisted living and senior care centers, schools, and work sites. The Mission of Select Medical Corporation is to ensure high-quality health care and cost-effective outcomes by providing specialty inpatient long-term acute care and rehabilitation, and outpatient rehabilitation services. The company is headquartered in Mechanicsburg, Pennsylvania. “
  • 10/23/2017 – Select Medical Holdings Corporation was given a new $25.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 10/17/2017 – Select Medical Holdings Corporation had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $21.00 price target on the stock.
  • 10/13/2017 – Select Medical Holdings Corporation had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $19.00 price target on the stock.
  • 10/10/2017 – Select Medical Holdings Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Select Medical Holdings Corporation, through its subsidiaries, operates specialty hospitals and outpatient rehabilitation clinics. The company’s Specialty Hospital segment offers long-term acute care hospital services and inpatient acute rehabilitative hospital care services. Its Outpatient Rehabilitation segment operates clinics and provides physical, occupational, and speech rehabilitation services. The company also provides medical rehabilitation services on a contract basis to nursing homes, hospitals, assisted living and senior care centers, schools, and work sites. The Mission of Select Medical Corporation is to ensure high-quality health care and cost-effective outcomes by providing specialty inpatient long-term acute care and rehabilitation, and outpatient rehabilitation services. The company is headquartered in Mechanicsburg, Pennsylvania. “
  • 10/2/2017 – Select Medical Holdings Corporation was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.

Shares of Select Medical Holdings Corporation (NYSE SEM) traded down $0.05 during trading on Monday, reaching $16.95. 640,300 shares of the company’s stock were exchanged, compared to its average volume of 1,530,478. The company has a market cap of $2,268.33, a price-to-earnings ratio of 21.46, a PEG ratio of 1.32 and a beta of 1.40. Select Medical Holdings Corporation has a 1-year low of $11.40 and a 1-year high of $19.77. The company has a debt-to-equity ratio of 3.36, a quick ratio of 1.51 and a current ratio of 1.51.

Select Medical Holdings Corporation (NYSE:SEM) last announced its quarterly earnings results on Thursday, November 2nd. The health services provider reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.10 billion. Select Medical Holdings Corporation had a return on equity of 11.44% and a net margin of 2.21%. Select Medical Holdings Corporation’s revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $0.06 EPS. sell-side analysts expect that Select Medical Holdings Corporation will post 0.86 earnings per share for the current year.

In other news, insider David S. Chernow sold 133,025 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were sold at an average price of $17.85, for a total value of $2,374,496.25. Following the completion of the sale, the insider now directly owns 729,815 shares of the company’s stock, valued at approximately $13,027,197.75. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael E. Tarvin sold 18,500 shares of the firm’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $18.97, for a total transaction of $350,945.00. Following the completion of the sale, the insider now directly owns 340,044 shares of the company’s stock, valued at $6,450,634.68. The disclosure for this sale can be found here. 19.93% of the stock is owned by company insiders.

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.

Receive News & Ratings for Select Medical Holdings Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Select Medical Holdings Corporation and related companies with MarketBeat.com's FREE daily email newsletter.