Select Medical (NYSE:SEM) Coverage Initiated at Mizuho

Equities researchers at Mizuho assumed coverage on shares of Select Medical (NYSE:SEM) in a report issued on Wednesday, MarketBeat.com reports. The firm set an “outperform” rating and a $25.00 price target on the health services provider’s stock. Mizuho’s price objective would suggest a potential upside of 52.95% from the stock’s previous close.

Several other research firms have also commented on SEM. StockNews.com raised Select Medical from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Royal Bank of Canada dropped their price objective on shares of Select Medical from $47.00 to $23.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. Benchmark upgraded shares of Select Medical from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Monday, February 24th. Finally, UBS Group dropped their price target on shares of Select Medical from $40.00 to $21.00 and set a “neutral” rating on the stock in a research report on Friday, January 3rd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $26.80.

Select Medical Price Performance

Shares of SEM opened at $16.35 on Wednesday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.13 and a current ratio of 1.13. The company has a 50 day moving average price of $17.32 and a 200-day moving average price of $23.10. Select Medical has a fifty-two week low of $14.99 and a fifty-two week high of $40.98. The stock has a market capitalization of $2.11 billion, a PE ratio of 9.91, a PEG ratio of 0.64 and a beta of 1.38.

Select Medical (NYSE:SEM) last released its quarterly earnings results on Thursday, February 20th. The health services provider reported $0.18 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.11). Select Medical had a return on equity of 14.04% and a net margin of 3.23%. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.50 billion. Equities analysts predict that Select Medical will post 1.17 earnings per share for the current fiscal year.

Institutional Trading of Select Medical

Several institutional investors have recently modified their holdings of the stock. LPL Financial LLC boosted its holdings in Select Medical by 2.0% in the 4th quarter. LPL Financial LLC now owns 31,441 shares of the health services provider’s stock worth $593,000 after buying an additional 619 shares during the last quarter. Vista Finance LLC lifted its position in shares of Select Medical by 7.0% in the first quarter. Vista Finance LLC now owns 10,969 shares of the health services provider’s stock valued at $183,000 after acquiring an additional 716 shares in the last quarter. Net Worth Advisory Group boosted its stake in shares of Select Medical by 6.4% in the first quarter. Net Worth Advisory Group now owns 14,045 shares of the health services provider’s stock worth $235,000 after acquiring an additional 846 shares during the last quarter. Bank of Montreal Can increased its position in shares of Select Medical by 4.5% during the fourth quarter. Bank of Montreal Can now owns 20,030 shares of the health services provider’s stock worth $378,000 after purchasing an additional 867 shares in the last quarter. Finally, Sippican Capital Advisors raised its stake in Select Medical by 7.3% in the 4th quarter. Sippican Capital Advisors now owns 13,354 shares of the health services provider’s stock valued at $252,000 after purchasing an additional 912 shares during the last quarter. Institutional investors and hedge funds own 89.48% of the company’s stock.

Select Medical Company Profile

Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.