Surgery Partners Inc (NASDAQ: SGRY) is 18.33% higher on its value in year-to-date trading and has touched a low of $19.50 and a high of $34.10 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 SGRY stock was last observed hovering at around $25.44 in the last trading session, with the day’s loss setting it -0.39%.
Currently trading at $25.05, the stock is -2.12% and 10.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -1.53% at the moment leaves the stock -6.01% off its SMA200. SGRY registered -24.18% loss for a year compared to 6-month loss of -25.65%.
The stock witnessed a 17.88% gain in the last 1 month and extending the period to 3 months gives it a 7.28%, and is -2.98% 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 1.84% over the week and 2.23% over the month.
Surgery Partners Inc (SGRY) has around 13500 employees, a market worth around $3.18B and $2.99B in sales. Fwd P/E is 26.08. Profit margin for the company is -2.03%. Distance from 52-week low is 28.46% and -26.55% 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 -14.88% this year
The shares outstanding are 127.13M, and float is at 75.55M with Short Float at 12.51%.
The top institutional shareholder in the company is BAIN CAPITAL INVESTORS LLC with over 49.95 million shares valued at $$1.19 billion. The investor’s holdings represent 39.5983 of the SGRY Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 17.76 million shares valued at $$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
The most recent transaction is an insider sale by Bane Harrison R., the company’s National Group President. SEC filings show that Bane Harrison R. sold 56,315 shares of the company’s common stock on Feb 07 ’25 at a price of $25.64 per share for a total of $1.44 million. Following the sale, the insider now owns 0.11 million shares.
Surgery Partners Inc disclosed in a document filed with the SEC on Feb 07 ’25 that Doherty David T (Chief Financial Officer) sold a total of 13,641 shares of the company’s common stock. The trade occurred on Feb 07 ’25 and was made at $25.61 per share for $0.35 million. Following the transaction, the insider now directly holds 0.11 million shares of the SGRY stock.
Still, SEC filings show that on Feb 07 ’25, Brittenham Marissa (Chief Strategy Officer) disposed off 14,700 shares at an average price of $25.61 for $0.38 million. The insider now directly holds 50,178 shares of Surgery Partners Inc (SGRY).
