Surgery Partners Inc (NASDAQ: SGRY) on Friday, soared 1.84% from the previous trading day, before settling in for the closing price of $23.41. Within the past 52 weeks, SGRY’s price has moved between $21.36 and $36.92.
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Annual sales at Healthcare sector company grew by 9.35% over the past five years. The company achieved an average annual earnings per share of -13.75%. With a float of $73.98 million, this company’s outstanding shares have now reached $126.59 million.
Let’s look at the performance matrix of the company that is accounted for 13500 employees. In terms of profitability, gross margin is 21.47%, operating margin of 12.58%, and the pretax margin is 4.21%.
Surgery Partners Inc (SGRY) Insider and Institutional Ownership
Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of Surgery Partners Inc is 41.80%, while institutional ownership is 68.02%. 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) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.44 earnings per share (EPS) for the period topping the consensus outlook (set at 0.38) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.75% 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
Surgery Partners Inc (SGRY) is currently performing well based on its current performance indicators. A quick ratio of 1.66 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03. Likewise, its price to free cash flow for the trailing twelve months is 18.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.00 in one year’s time.
Technical Analysis of Surgery Partners Inc (SGRY)
Surgery Partners Inc (NASDAQ: SGRY) saw its 5-day average volume 1.11 million, a positive change from its year-to-date volume of 0.97 million. As of the previous 9 days, the stock’s Stochastic %D was 66.23%. Additionally, its Average True Range was 1.38.
During the past 100 days, Surgery Partners Inc’s (SGRY) raw stochastic average was set at 19.67%, which indicates a significant decrease from 23.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.58% in the past 14 days, which was higher than the 57.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.16, while its 200-day Moving Average is $28.24. Nevertheless, the first resistance level for the watch stands at $24.23 in the near term. At $24.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.14. If the price goes on to break the first support level at $23.32, it is likely to go to the next support level at $22.80. The third support level lies at $22.41 if the price breaches the second support level.
Surgery Partners Inc (NASDAQ: SGRY) Key Stats
Market capitalization of the company is 3.09 billion based on 127,114K outstanding shares. Right now, sales total 2,743 M and income totals -11,900 K. The company made 770,400 K in profit during its latest quarter, and -31,700 K in sales during its previous quarter.
