On Friday, Surgery Partners Inc (NASDAQ: SGRY) opened higher 3.47% from the last session, before settling in for the closing price of $29.96. Price fluctuations for SGRY have ranged from $22.05 to $36.92 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 9.35%. Company’s average yearly earnings per share was noted 2.68% at the time writing. With a float of $70.88 million, this company’s outstanding shares have now reached $126.59 million.
Considering the fact that the conglomerate employs 13500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 20.57%, operating margin of 14.42%, and the pretax margin is 5.11%.
Surgery Partners Inc (SGRY) Insider Activity
A key investor’s attitude towards the stock of the Medical Care Facilities industry is another important factor to consider. The insider ownership of Surgery Partners Inc is 44.25%, while institutional ownership is 68.84%. The most recent insider transaction that took place on Sep 05 ’24, was worth 283,652. Before that another transaction happened on Sep 04 ’24, when Company’s National Group President sold 6,325 for $31.11, making the entire transaction worth $196,742. This insider now owns 48,236 shares in total.
Surgery Partners Inc (SGRY) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.19 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.16) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.10% during the next five years compared to 54.69% growth over the previous five years of trading.
Surgery Partners Inc (NASDAQ: SGRY) Trading Performance Indicators
Check out the current performance indicators for Surgery Partners Inc (SGRY). In the past quarter, the stock posted a quick ratio of 1.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 19.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.27 in one year’s time.
Technical Analysis of Surgery Partners Inc (SGRY)
Compared to the last year’s volume of 0.99 million, its volume of 0.67 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.43%. Additionally, its Average True Range was 1.28.
During the past 100 days, Surgery Partners Inc’s (SGRY) raw stochastic average was set at 74.66%, which indicates a significant increase from 37.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.53% in the past 14 days, which was lower than the 54.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.29, while its 200-day Moving Average is $29.08. Nevertheless, the first resistance level for the watch stands at $31.44 in the near term. At $31.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.51. If the price goes on to break the first support level at $30.37, it is likely to go to the next support level at $29.73. Should the price break the second support level, the third support level stands at $29.30.
Surgery Partners Inc (NASDAQ: SGRY) Key Stats
There are currently 127,094K shares outstanding in the company with a market cap of 3.94 billion. Presently, the company’s annual sales total 2,743 M according to its annual income of -11,900 K. Last quarter, the company’s sales amounted to 762,100 K and its income totaled -15,500 K.
