Select Medical Holdings Corporation (NYSE:SEM) Receives $19.20 Average Price Target from Brokerages

Key Points

• Select Medical Holdings Corporation has received a consensus recommendation of "Moderate Buy" from analysts, with one hold rating and four buy ratings.
• The company reported $0.32 EPS for the last quarter, surpassing analysts' expectations, while quarterly revenue was up by 4.5% year-over-year.
• Select Medical declared a quarterly dividend of $0.0625 per share, translating to an annualized dividend yield of 2.0%.

Shares of Select Medical Holdings Corporation (NYSE:SEM - Get Free Report) have received an average recommendation of "Moderate Buy" from the five brokerages that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $19.20.

A number of research firms have commented on SEM. UBS Group reaffirmed a "neutral" rating and set a $14.00 target price (down previously from $15.00) on shares of Select Medical in a report on Monday, August 4th. Bank of America reduced their target price on Select Medical from $18.00 to $15.00 and set a "buy" rating on the stock in a report on Wednesday, September 10th.

Select Medical Stock Performance

NYSE:SEM traded down $0.26 during trading hours on Friday, reaching $12.25. 690,115 shares of the stock were exchanged, compared to its average volume of 828,446. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.92. The firm has a 50 day simple moving average of $13.36 and a 200-day simple moving average of $15.03. Select Medical has a 52 week low of $11.65 and a 52 week high of $40.98. The stock has a market capitalization of $1.52 billion, a P/E ratio of 11.56, a P/E/G ratio of 0.51 and a beta of 1.25.

Select Medical (NYSE:SEM - Get Free Report) last released its earnings results on Thursday, July 31st. The health services provider reported $0.32 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.04. Select Medical had a return on equity of 8.87% and a net margin of 2.37%.The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the business posted $0.60 EPS. Select Medical's quarterly revenue was up 4.5% compared to the same quarter last year. Select Medical has set its FY 2025 guidance at 1.090-1.19 EPS. As a group, sell-side analysts forecast that Select Medical will post 1.17 earnings per share for the current fiscal year.

Select Medical Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Wednesday, August 13th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $0.25 annualized dividend and a dividend yield of 2.0%. Select Medical's dividend payout ratio (DPR) is 23.58%.

Institutional Trading of Select Medical

Several hedge funds have recently made changes to their positions in the stock. Vista Finance LLC boosted its position in Select Medical by 7.0% in the 1st quarter. Vista Finance LLC now owns 10,969 shares of the health services provider's stock valued at $183,000 after buying an additional 716 shares during the last quarter. Advisors Asset Management Inc. boosted its position in Select Medical by 13.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 7,135 shares of the health services provider's stock valued at $108,000 after buying an additional 834 shares during the last quarter. Net Worth Advisory Group boosted its position in Select Medical by 6.4% in the 1st quarter. Net Worth Advisory Group now owns 14,045 shares of the health services provider's stock valued at $235,000 after buying an additional 846 shares during the last quarter. Brucke Financial Inc. boosted its position in Select Medical by 7.0% in the 2nd quarter. Brucke Financial Inc. now owns 13,638 shares of the health services provider's stock valued at $207,000 after buying an additional 898 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in Select Medical by 61.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 2,703 shares of the health services provider's stock valued at $45,000 after buying an additional 1,030 shares during the last quarter. Institutional investors own 89.48% of the company's stock.

About Select Medical

Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.