Select Medical Holdings Corporation (NYSE:SEM) is scheduled to be announcing its earnings results after the market closes on Thursday, November 2nd. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Select Medical Holdings Corporation has set its FY17 guidance at $0.78-0.96 EPS.
Select Medical Holdings Corporation (NYSE:SEM) last announced its quarterly earnings results on Thursday, August 3rd. The health services provider reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.07. Select Medical Holdings Corporation had a net margin of 1.95% and a return on equity of 9.61%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period in the previous year, the firm posted $0.23 EPS. The firm’s revenue was up 2.1% on a year-over-year basis. On average, analysts expect Select Medical Holdings Corporation to post $0.88 EPS for the current fiscal year and $1.1 EPS for the next fiscal year.
Shares of Select Medical Holdings Corporation (SEM) opened at 19.05 on Tuesday. Select Medical Holdings Corporation has a 52-week low of $10.20 and a 52-week high of $19.77. The company’s 50-day moving average is $18.50 and its 200 day moving average is $16.15. The firm has a market capitalization of $2.53 billion, a P/E ratio of 30.19 and a beta of 1.42.
In other Select Medical Holdings Corporation news, insider David S. Chernow sold 133,025 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $17.85, for a total transaction of $2,374,496.25. Following the transaction, the insider now directly owns 729,815 shares in the company, valued at $13,027,197.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 19.93% of the stock is owned by company insiders.
SEM has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Select Medical Holdings Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. BidaskClub cut shares of Select Medical Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Robert W. Baird upgraded shares of Select Medical Holdings Corporation from a “neutral” rating to an “outperform” rating and increased their price target for the company from $15.00 to $21.00 in a research report on Monday, August 7th. Benchmark Co. increased their price target on shares of Select Medical Holdings Corporation from $17.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, August 7th. Finally, Deutsche Bank AG increased their price target on shares of Select Medical Holdings Corporation from $20.00 to $22.00 and gave the company a “hold” rating in a research report on Monday, August 7th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. Select Medical Holdings Corporation currently has an average rating of “Hold” and a consensus price target of $18.14.
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Select Medical Holdings Corporation Company Profile
Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.
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