Surgery Partners Inc (NASDAQ: SGRY) is -20.27% lower on its value in year-to-date trading and has touched a low of $22.25 and a high of $36.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SGRY stock was last observed hovering at around $29.57 in the last trading session, with the day’s loss setting it -4.07%.
Currently trading at $25.50, the stock is -15.51% and -17.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing -13.75% at the moment leaves the stock -11.37% off its SMA200. SGRY registered -4.48% loss for a year compared to 6-month gain of -5.78%. The firm has a 50-day simple moving average (SMA 50) of $30.9936 and a 200-day simple moving average (SMA200) of $28.80565.
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The stock witnessed a -20.00% loss in the last 1 month and extending the period to 3 months gives it a -14.93%, and is -13.01% down 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 8.35% over the week and 4.57% over the month.
Surgery Partners Inc (SGRY) has around 13500 employees, a market worth around $3.24B and $2.99B in sales. Fwd P/E is 25.23. Profit margin for the company is -2.03%. Distance from 52-week low is 14.63% and -30.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.15%).
The EPS is expected to shrink by -12.47% this year
270.0 institutions hold shares in Surgery Partners Inc (SGRY), with institutional investors hold 116.02% of the company’s shares. The shares outstanding are 126.59M, and float is at 71.06M with Short Float at 14.30%. Institutions hold 114.72% of the Float.
The top institutional shareholder in the company is BAIN CAPITAL INVESTORS LLC with over 49.95 million shares valued at $1.19 billion. The investor’s holdings represent 39.6493 of the SGRY Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 17.76 million shares valued at $422.63 million to account for 14.1023 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 10.46 million shares representing 8.3063 and valued at over $248.93 million, while BLACKROCK INC. holds 6.0623 of the shares totaling 7.64 million with a market value of $181.68 million.
Surgery Partners Inc (SGRY) Insider Activity
Surgery Partners Inc disclosed in a document filed with the SEC on Sep 04 ’24 that Bane Harrison R. (National Group President) sold a total of 6,325 shares of the company’s common stock. The trade occurred on Sep 04 ’24 and was made at $31.11 per share for $0.2 million. Following the transaction, the insider now directly holds 48236.0 shares of the SGRY stock.
Still, SEC filings show that on Sep 04 ’24, Harrison Bane (Officer) Proposed Sale 6,325 shares at an average price of $31.11 for $0.2 million. The insider now directly holds shares of Surgery Partners Inc (SGRY).
