Media coverage about Select Medical Holdings Corporation (NYSE:SEM) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Select Medical Holdings Corporation earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the health services provider an impact score of 46.6129986782708 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Select Medical Holdings Corporation (NYSE:SEM) opened at 16.75 on Friday. The company has a market cap of $2.23 billion, a P/E ratio of 26.55 and a beta of 1.45. Select Medical Holdings Corporation has a 12-month low of $10.20 and a 12-month high of $18.80. The firm’s 50-day moving average price is $16.39 and its 200-day moving average price is $14.26.
Select Medical Holdings Corporation (NYSE:SEM) last issued its quarterly earnings results on Thursday, August 3rd. The health services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.07. Select Medical Holdings Corporation had a return on equity of 9.61% and a net margin of 1.95%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Analysts expect that Select Medical Holdings Corporation will post $0.90 EPS for the current year.
A number of research firms have recently issued reports on SEM. Deutsche Bank AG increased their target price on Select Medical Holdings Corporation from $20.00 to $22.00 and gave the company a “hold” rating in a research note on Monday, August 7th. Zacks Investment Research lowered Select Medical Holdings Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, May 10th. BidaskClub upgraded Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, June 29th. JMP Securities raised their price objective on Select Medical Holdings Corporation from $10.00 to $12.00 and gave the company a “market underperform” rating in a research note on Monday, August 7th. Finally, Robert W. Baird upgraded Select Medical Holdings Corporation from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $15.00 to $21.00 in a research note on Monday, August 7th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. Select Medical Holdings Corporation currently has an average rating of “Hold” and a consensus target price of $17.29.
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In other news, insider Scott A. Romberger sold 3,127 shares of the company’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $14.37, for a total value of $44,934.99. Following the sale, the insider now directly owns 159,084 shares in the company, valued at approximately $2,286,037.08. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael E. Tarvin sold 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of $15.25, for a total value of $533,750.00. Following the completion of the sale, the insider now owns 324,137 shares in the company, valued at $4,943,089.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 50,575 shares of company stock worth $768,517. Corporate insiders own 19.93% of the company’s stock.
Select Medical Holdings Corporation Company Profile
Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.
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