Surgery Partners Inc (SGRY)’s latest performance is not what we had anticipated

Surgery Partners Inc (NASDAQ: SGRY) kicked off on Friday, up 0.54% from the previous trading day, before settling in for the closing price of $20.25. Over the past 52 weeks, SGRY has traded in a range of $20.23-$36.92.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 9.35%. While this was happening, its average annual earnings per share was recorded -15.54%. With a float of $73.97 million, this company’s outstanding shares have now reached $127.13 million.

The extent of productivity of a business whose workforce counts for 13500 workers is very important to gauge. 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 Updates

Our next focus will be how large-scale investors are participating in this stock of the Medical Care Facilities Industry. The insider ownership of Surgery Partners Inc is 41.80%, while institutional ownership is 68.04%. 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) Performance Highlights and Predictions

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 -15.54% 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

Take a look at Surgery Partners Inc’s (SGRY) current performance indicators. Last quarter, stock had a quick ratio of 1.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 15.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 0.95 in one year’s time.

Technical Analysis of Surgery Partners Inc (SGRY)

The latest stats from [Surgery Partners Inc, SGRY] show that its last 5-days average volume of 1.33 million was superior to 0.99 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 4.82%. Additionally, its Average True Range was 1.16.

During the past 100 days, Surgery Partners Inc’s (SGRY) raw stochastic average was set at 3.27%, which indicates a significant decrease from 9.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.95% in the past 14 days, which was lower than the 52.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $27.08, while its 200-day Moving Average is $27.71. Now, the first resistance to watch is $20.60. This is followed by the second major resistance level at $20.85. The third major resistance level sits at $21.20. If the price goes on to break the first support level at $20.01, it is likely to go to the next support level at $19.66. Assuming the price breaks the second support level, the third support level stands at $19.41.

Surgery Partners Inc (NASDAQ: SGRY) Key Stats

The company with the Market Capitalisation of 2.60 billion has total of 127,114K Shares Outstanding. Its annual sales at the moment are 2,743 M in contrast with the sum of -11,900 K annual income. Company’s last quarter sales were recorded 770,400 K and last quarter income was -31,700 K.