Select Medical Holdings Corporation (NYSE:SEM) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Select Medical Holdings Corporation (NYSE:SEM) have been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $17.80.

Several brokerages recently issued reports on SEM. Weiss Ratings restated a “sell (d+)” rating on shares of Select Medical in a research report on Wednesday, October 8th. Royal Bank Of Canada lifted their price target on shares of Select Medical from $16.00 to $20.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 8th. Bank of America reduced their price objective on Select Medical from $18.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, September 10th. Wall Street Zen upgraded Select Medical from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Mizuho set a $17.00 price target on Select Medical in a research report on Monday, November 3rd.

Hedge Funds Weigh In On Select Medical

A number of hedge funds have recently modified their holdings of SEM. Russell Investments Group Ltd. raised its position in shares of Select Medical by 143.8% during the 1st quarter. Russell Investments Group Ltd. now owns 111,796 shares of the health services provider’s stock valued at $1,867,000 after purchasing an additional 65,946 shares during the period. American Century Companies Inc. increased its stake in Select Medical by 32.0% in the 1st quarter. American Century Companies Inc. now owns 181,102 shares of the health services provider’s stock worth $3,024,000 after buying an additional 43,933 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Select Medical in the first quarter valued at about $489,000. Hsbc Holdings PLC boosted its stake in shares of Select Medical by 1.9% in the first quarter. Hsbc Holdings PLC now owns 94,084 shares of the health services provider’s stock worth $1,578,000 after acquiring an additional 1,779 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Select Medical during the first quarter worth about $60,000. 89.48% of the stock is currently owned by institutional investors.

Select Medical Stock Down 0.3%

Select Medical stock opened at $14.99 on Monday. Select Medical has a one year low of $11.65 and a one year high of $20.83. The stock has a fifty day moving average of $14.20 and a 200 day moving average of $13.87. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market cap of $1.86 billion, a PE ratio of 17.43, a price-to-earnings-growth ratio of 0.55 and a beta of 1.28.

Select Medical (NYSE:SEM) last announced its earnings results on Thursday, October 30th. The health services provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.05. Select Medical had a return on equity of 7.41% and a net margin of 2.05%.The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same period last year, the firm posted $0.43 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Select Medical has set its FY 2025 guidance at 1.140-1.240 EPS. As a group, sell-side analysts predict that Select Medical will post 1.17 EPS for the current year.

Select Medical Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Wednesday, November 12th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, November 12th. Select Medical’s dividend payout ratio is currently 29.07%.

About Select Medical

Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.

Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.