NASDAQ:SGRY - Surgery Partners Stock Price, News, & Analysis

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$13.11 -0.52 (-3.82 %)
(As of 11/19/2018 06:24 AM ET)
Previous Close$13.63
Today's Range$12.97 - $13.94
52-Week Range$7.55 - $19.95
Volume253,953 shs
Average Volume362,919 shs
Market Capitalization$640.97 million
P/E Ratio-15.61
Dividend YieldN/A
Beta2.02
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.

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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 Ratio1.44

Price-To-Earnings

Trailing P/E Ratio-15.61
Forward P/E Ratio-17.48
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.34 billion
Price / Sales0.48
Cash Flow$0.3217 per share
Price / Cash40.75
Book Value$25.13 per share
Price / Book0.52

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$640.97 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 has initiated a share buyback program 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. Shares buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Surgery Partners' earnings last quarter?

Surgery Partners Inc (NASDAQ:SGRY) released its earnings results on Wednesday, November, 7th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.18) by $0.01. The firm earned $443.90 million during the quarter, compared to analyst estimates of $440.38 million. Surgery Partners had a negative return on equity of 1.68% and a negative net margin of 5.55%. The company's revenue was up 44.9% on a year-over-year basis. During the same quarter last year, the company posted ($0.02) earnings per share. View Surgery Partners' Earnings History.

When is Surgery Partners' next earnings date?

Surgery Partners is scheduled to release their next quarterly earnings announcement on Thursday, March 7th 2019. View Earnings Estimates for Surgery Partners.

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 (EPS) 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 1-year price objectives for Surgery Partners' stock. Their predictions range from $15.00 to $25.00. On average, they expect Surgery Partners' stock price to reach $18.6667 in the next year. This suggests a possible upside of 42.4% 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?

News headlines about SGRY stock have trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Surgery Partners earned a coverage optimism score of 2.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the near term.

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 variety of of retail and institutional investors. Top institutional shareholders include NN Investment Partners Holdings N.V. (11.45%), BlackRock Inc. (2.54%), Elk Creek Partners LLC (2.26%), AMI Asset Management Corp (1.56%), Redmile Group LLC (1.30%) and Dimensional Fund Advisors LP (1.16%). 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, Highland Capital Management LP, Citadel Advisors LLC, AMI Asset Management Corp, NN Investment Partners Holdings N.V., GSA Capital Partners LLP and Eaton Vance Management. 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 $13.11.

How big of a company is Surgery Partners?

Surgery Partners has a market capitalization of $640.97 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?

The official website for Surgery Partners is http://www.surgerypartners.com.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  172 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  384
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.
This page was last updated on 11/19/2018 by MarketBeat.com Staff

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