Select Medical Holdings Corporation (NYSE: SEM) is 41.36% higher on its value in year-to-date trading and has touched a low of $21.28 and a high of $40.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SEM stock was last observed hovering at around $32.00 in the last trading session, with the day’s gains setting it 1.22%.
Currently trading at $33.22, the stock is -8.07% and -6.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing 3.81% at the moment leaves the stock 13.79% off its SMA200. SEM registered 16.93% gain for a year compared to 6-month gain of 23.91%.
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The stock witnessed a -15.34% loss in the last 1 month and extending the period to 3 months gives it a -4.87%, and is 1.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.73% over the week and 3.27% over the month.
Select Medical Holdings Corporation (SEM) has around 54600 employees, a market worth around $4.32B and $6.87B in sales. Current P/E ratio is 15.89 and Fwd P/E is 18.12. Profit margin for the company is 3.77%. Distance from 52-week low is 56.11% and -17.98% from its 52-week high. The company has generated returns on investments over the last 12 months (4.24%).
Select Medical Holdings Corporation quarterly earnings per share for the current quarter are estimated at 0.43 with sales reaching $1.74B over the same period.The EPS is expected to grow by 2.80% this year, but quarterly earnings will post 5.30% year-over-year.
362.0 institutions hold shares in Select Medical Holdings Corporation (SEM), with institutional investors hold 94.06% of the company’s shares. The shares outstanding are 128.37M, and float is at 102.56M with Short Float at 2.51%. Institutions hold 77.89% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 17.2 million shares valued at $$518.65 million. The investor’s holdings represent 13.8933 of the SEM Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 16.49 million shares valued at $$497.08 million to account for 13.3154 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 13.0 million shares representing 10.4977 and valued at over $$391.89 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 4.5739 of the shares totaling 5.66 million with a market value of $$170.75 million.
Select Medical Holdings Corporation (SEM) Insider Activity
The most recent transaction is an insider sale by ORTENZIO ROBERT A, the company’s EXECUTIVE CHAIRMAN. SEC filings show that ORTENZIO ROBERT A sold 50,000 shares of the company’s common stock on Apr 08 ’24 at a price of $29.90 per share for a total of $1.5 million. Following the sale, the insider now owns 6.69 million shares.
Select Medical Holdings Corporation disclosed in a document filed with the SEC on Mar 08 ’24 that ORTENZIO ROBERT A (EXECUTIVE CHAIRMAN) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Mar 08 ’24 and was made at $28.30 per share for $1.42 million. Following the transaction, the insider now directly holds 6.74 million shares of the SEM stock.
Still, SEC filings show that on Feb 08 ’24, ORTENZIO ROBERT A (EXECUTIVE CHAIRMAN) disposed off 50,000 shares at an average price of $26.00 for $1.3 million. The insider now directly holds 6,789,668 shares of Select Medical Holdings Corporation (SEM).
