In the last trading session, 10.21 million shares of the Surgery Partners Inc (NASDAQ:SGRY) were traded, and its beta was 1.94. Most recently the company’s share price was $20.33, and it changed around -$2.84 or -12.26% from the last close, which brings the market valuation of the company to $2.61B. SGRY currently trades at a discount to its 52-week high of $33.97, offering almost -67.09% off that amount. The share price’s 52-week low was $19.50, which indicates that the current value has risen by an impressive 4.08% since then. We note from Surgery Partners Inc’s average daily trading volume that its 10-day average is 1.86 million shares, with the 3-month average coming to 993.03K.
Surgery Partners Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended SGRY as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight.
Surgery Partners Inc (NASDAQ:SGRY) trade information
Instantly SGRY has showed a red trend with a performance of -12.26% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 23.75 on recent trading dayincreased the stock’s daily price by 14.4%. The company’s shares are currently down -3.97% year-to-date, but still down -12.82% over the last five days. On the other hand, Surgery Partners Inc (NASDAQ:SGRY) is -15.08% down in the 30-day period. We can see from the shorts that 9.36 million shares have been sold at a short interest cover period of 8.73 day(s).
The consensus price target as assigned by Wall Street analysts is $38, which translates to bulls needing to increase their stock price by 46.5% from its current value. Analyst projections state that SGRY is forecast to be at a low of $31 and a high of $64.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 10.25%. Surgery Partners Inc earnings are expected to increase by 9.74% in 2025, but the outlook is positive 13.35% per year for the next five years.
SGRY Dividends
Surgery Partners Inc’s next quarterly earnings report is expected to be released on 2025-May-11.
Surgery Partners Inc (NASDAQ:SGRY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.51% of Surgery Partners Inc shares, and 110.89% of them are in the hands of institutional investors. The stock currently has a share float of 112.59%. Surgery Partners Inc stock is held by 292.0 institutions, with BAIN CAPITAL INVESTORS LLC being the largest institutional investor. By 2024-06-30, it held 39.5983% of the shares, which is about 49.95 million shares worth $1.19 billion.
FMR LLC, with 14.0842% or 17.76 million shares worth $422.63 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
