On Monday, Surgery Partners Inc (NASDAQ: SGRY) was -3.45% drop from the session before settling in for the closing price of $33.02. A 52-week range for SGRY has been $22.05 – $36.92.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 9.35%. When this article was written, the company’s average yearly earnings per share was at 3.19%. With a float of $70.88 million, this company’s outstanding shares have now reached $126.59 million.
Let’s determine the extent of company efficiency that accounts for 13500 employees. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Surgery Partners Inc stocks. The insider ownership of Surgery Partners Inc is 44.25%, while institutional ownership is 68.85%. 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
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.19 earnings per share (EPS) during the time that was better than consensus figure (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 3.19% 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
You can see what Surgery Partners Inc (SGRY) is doing with its current performance indicators. In the most recent 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 1.40. Likewise, its price to free cash flow for the trailing twelve months is 19.86.
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)
Looking closely at Surgery Partners Inc (NASDAQ: SGRY), its last 5-days average volume was 0.58 million, which is a drop from its year-to-date volume of 0.95 million. As of the previous 9 days, the stock’s Stochastic %D was 84.01%. Additionally, its Average True Range was 1.11.
During the past 100 days, Surgery Partners Inc’s (SGRY) raw stochastic average was set at 82.17%, which indicates a significant increase from 63.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.41% in the past 14 days, which was lower than the 51.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.10, while its 200-day Moving Average is $28.97. However, in the short run, Surgery Partners Inc’s stock first resistance to watch stands at $32.77. Second resistance stands at $33.67. The third major resistance level sits at $34.12. If the price goes on to break the first support level at $31.43, it is likely to go to the next support level at $30.98. Should the price break the second support level, the third support level stands at $30.08.
Surgery Partners Inc (NASDAQ: SGRY) Key Stats
There are 127,094K outstanding shares of the company, which has a market capitalization of 4.05 billion. As of now, sales total 2,743 M while income totals -11,900 K. Its latest quarter income was 762,100 K while its last quarter net income were -15,500 K.
