Surgery Partners, Inc., through its subsidiaries, operates surgical facilities in the United States. The company operates through three segments: Surgical Facility Services, Ancillary Services, and Optical Services. Its surgical facilities comprise ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including gastroenterology, general surgery, ophthalmology, orthopedics, and pain management. The company's surgical hospitals also provide ancillary services, such as diagnostic imaging, pharmacy, laboratory, obstetrics, oncology, physical therapy, and wound care; and a suite of ancillary services, which consist of a diagnostic laboratory, multi-specialty physician practices, urgent care facilities, anesthesia services, and optical services. It also operates optical laboratory that manufactures eyewear. As of March 12, 2018, the company operated approximately 180 locations in 32 states, including ambulatory surgery centers, surgical hospitals, a diagnostic laboratory, multi-specialty physician practices, and urgent care facilities. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry General medical & surgical hospitals
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:SGRY
Previous Symbol
CUSIPN/A
Phone615-234-5900
Debt
Debt-to-Equity Ratio1.72
Current Ratio1.57
Quick Ratio1.42
Price-To-Earnings
Trailing P/E Ratio-15.93
Forward P/E Ratio-17.84
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.34 billion
Price / Sales0.49
Cash Flow$0.3316 per share
Price / Cash Flow40.35
Book Value$27.41 per share
Price / Book0.49
Profitability
EPS (Most Recent Fiscal Year)($0.84)
Net Income$-52,980,000.00
Net Margins-5.55%
Return on Equity-1.68%
Return on Assets-0.47%
Miscellaneous
Employees10,600
Outstanding Shares48,890,000
Market Cap$634.61 million
OptionableOptionable
Surgery Partners (NASDAQ:SGRY) Frequently Asked Questions
What is Surgery Partners' stock symbol?
Surgery Partners trades on the NASDAQ under the ticker symbol "SGRY."
How will Surgery Partners' stock buyback program work?
Surgery Partners announced that its Board of Directors has approved a stock repurchase plan on Saturday, December 16th 2017, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is undervalued.
How were Surgery Partners' earnings last quarter?
Surgery Partners Inc (NASDAQ:SGRY) issued its quarterly earnings results on Wednesday, November, 7th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.18) by $0.01. The company had revenue of $443.90 million for the quarter, compared to analysts' expectations of $440.38 million. Surgery Partners had a negative net margin of 5.55% and a negative return on equity of 1.68%. The firm's revenue for the quarter was up 44.9% on a year-over-year basis. During the same period last year, the company posted ($0.02) earnings per share. View Surgery Partners' Earnings History.
When is Surgery Partners' next earnings date?
What guidance has Surgery Partners issued on next quarter's earnings?
Surgery Partners updated its FY 2018 earnings guidance on Wednesday, November, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.75-1.8 billion, compared to the consensus revenue estimate of $1.78 billion.
What price target have analysts set for SGRY?
7 brokerages have issued 12 month price targets for Surgery Partners' stock. Their forecasts range from $15.00 to $25.00. On average, they expect Surgery Partners' share price to reach $18.6667 in the next year. This suggests a possible upside of 39.5% from the stock's current price. View Analyst Price Targets for Surgery Partners.
What is the consensus analysts' recommendation for Surgery Partners?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surgery Partners in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Surgery Partners.
Has Surgery Partners been receiving favorable news coverage?
Headlines about SGRY stock have been trending very positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Surgery Partners earned a media sentiment score of 3.6 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Surgery Partners' key competitors?
Who are Surgery Partners' key executives?
Surgery Partners' management team includes the folowing people:
- Ms. Jennifer B. Baldock, Exec. VP & Chief Legal Officer (Age 47)
- Mr. Dennis Dean, Exec. Officer (Age 46)
- Mr. Clifford G. Adlerz, Consultant & Director (Age 64)
- Mr. Wayne Scott DeVeydt, CEO & Director (Age 48)
- Mr. Thomas Francis Cowhey, Exec. VP, CFO & Principal Accounting Officer (Age 46)
Who are Surgery Partners' major shareholders?
Surgery Partners' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include NN Investment Partners Holdings N.V. (11.45%), Clearbridge Investments LLC (6.65%), Vanguard Group Inc. (3.20%), BlackRock Inc. (2.54%), Elk Creek Partners LLC (2.26%) and AMI Asset Management Corp (1.56%). Company insiders that own Surgery Partners stock include Brandan Lingle and HIG Surgery Centers, Llc. View Institutional Ownership Trends for Surgery Partners.
Which major investors are selling Surgery Partners stock?
SGRY stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Bank of New York Mellon Corp, Dimensional Fund Advisors LP, Strs Ohio and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Surgery Partners.
Which major investors are buying Surgery Partners stock?
SGRY stock was bought by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Renaissance Technologies LLC, Clearbridge Investments LLC, Highland Capital Management LP, Citadel Advisors LLC, AMI Asset Management Corp, NN Investment Partners Holdings N.V. and GSA Capital Partners LLP. View Insider Buying and Selling for Surgery Partners.
How do I buy shares of Surgery Partners?
Shares of SGRY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Surgery Partners' stock price today?
One share of SGRY stock can currently be purchased for approximately $13.38.
How big of a company is Surgery Partners?
Surgery Partners has a market capitalization of $634.61 million and generates $1.34 billion in revenue each year. The company earns $-52,980,000.00 in net income (profit) each year or ($0.84) on an earnings per share basis. Surgery Partners employs 10,600 workers across the globe.
What is Surgery Partners' official website?
How can I contact Surgery Partners?
Surgery Partners' mailing address is 310 Seven Springs Way Suite 500, Brentwood TN, 37027. The company can be reached via phone at 615-234-5900 or via email at [email protected]
MarketBeat Community Rating for Surgery Partners (NASDAQ SGRY)
MarketBeat's community ratings are surveys of what our community members think about Surgery Partners and other stocks. Vote "Outperform" if you believe SGRY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SGRY will underperform the S&P 500 over the long term. You may vote once every thirty days.
