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NASDAQ:SGRYSurgery Partners Stock Price, Forecast & News

$14.52
+1.43 (+10.93 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$13.41
Now: $14.52
$15.14
50-Day Range
$6.51
MA: $11.38
$14.97
52-Week Range
$4.00
Now: $14.52
$19.74
Volume1.05 million shs
Average Volume823,722 shs
Market Capitalization$733.27 million
P/E RatioN/A
Dividend YieldN/A
Beta3.45
Surgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and related services 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 December 31, 2018, the company owned or operated a portfolio of 123 surgical facilities, including 108 ambulatory surgical centers and 15 surgical hospitals in 31 states. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.17 out of 5 stars


Industry, Sector and Symbol

Industry General medical & surgical hospitals
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:SGRY
CUSIPN/A
Phone615-234-5900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.83 billion
Cash Flow$0.54 per share
Book Value$19.67 per share

Profitability

Net Income$-74,800,000.00

Miscellaneous

Employees9,600
Market Cap$733.27 million
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Surgery Partners (NASDAQ:SGRY) Frequently Asked Questions

How has Surgery Partners' stock been impacted by COVID-19 (Coronavirus)?

Surgery Partners' stock was trading at $8.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SGRY shares have increased by 63.8% and is now trading at $14.5150. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Surgery Partners?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surgery Partners in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Surgery Partners.

When is Surgery Partners' next earnings date?

Surgery Partners is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Surgery Partners.

How were Surgery Partners' earnings last quarter?

Surgery Partners Inc (NASDAQ:SGRY) posted its quarterly earnings results on Monday, May, 11th. The company reported ($0.34) earnings per share for the quarter, beating the consensus estimate of ($0.62) by $0.28. The firm earned $441 million during the quarter, compared to the consensus estimate of $377.50 million. Surgery Partners had a negative net margin of 4.38% and a negative return on equity of 2.21%. View Surgery Partners' earnings history.

What price target have analysts set for SGRY?

4 Wall Street analysts have issued 12-month price objectives for Surgery Partners' shares. Their forecasts range from $14.00 to $19.00. On average, they expect Surgery Partners' stock price to reach $15.50 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View analysts' price targets for Surgery Partners.

Has Surgery Partners been receiving favorable news coverage?

Media headlines about SGRY stock have been trending negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Surgery Partners earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutSurgery Partners.

Are investors shorting Surgery Partners?

Surgery Partners saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,960,000 shares, an increase of 6.9% from the April 30th total of 2,770,000 shares. Based on an average daily trading volume, of 981,200 shares, the short-interest ratio is presently 3.0 days. Currently, 12.9% of the company's stock are short sold. View Surgery Partners' Current Options Chain.

Who are some of Surgery Partners' key competitors?

What other stocks do shareholders of Surgery Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Surgery Partners investors own include Verizon Communications (VZ), Allena Pharmaceuticals (ALNA), Bank of America (BAC), Netflix (NFLX), NVIDIA (NVDA), Ring Energy (REI), Ring Energy (REI), Advanced Micro Devices (AMD), Alteryx (AYX) and Carnival (CCL).

Who are Surgery Partners' key executives?

Surgery Partners' management team includes the following people:
  • Mr. Wayne Scott DeVeydt, CEO & Director (Age 49)
  • Mr. Thomas Francis Cowhey, Exec. VP, CFO & Principal Accounting Officer (Age 47)
  • Ms. Jennifer B. Baldock, Exec. VP & Chief Legal Officer (Age 48)
  • Dr. Angela Justice Ph.D., Exec. VP & Chief HR Officer (Age 46)
  • Mr. George M. Goodwin, Pres of American Group (Age 58)

What is Surgery Partners' stock symbol?

Surgery Partners trades on the NASDAQ under the ticker symbol "SGRY."

Who are Surgery Partners' major shareholders?

Surgery Partners' stock is owned by a variety of institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (6.98%), BlackRock Inc. (3.29%), Centerbridge Partners L.P. (2.05%), JPMorgan Chase & Co. (1.62%), State Street Corp (0.92%) and Nuveen Asset Management LLC (0.46%). Company insiders that own Surgery Partners stock include Adam T Feinstein, Brandan Lingle, Jason Eric Evans and Teresa Deluca. 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 Pictet Asset Management Ltd., BlackRock Inc., Invesco Ltd., Clearbridge Investments LLC, Eaton Vance Management, State Street Corp, UBS Group AG, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Surgery Partners.

Which major investors are buying Surgery Partners stock?

SGRY stock was acquired by a variety of institutional investors in the last quarter, including Centerbridge Partners L.P., JPMorgan Chase & Co., Assenagon Asset Management S.A., Voce Capital Management LLC, Nuveen Asset Management LLC, Two Sigma Investments LP, Victory Capital Management Inc., and Victory Capital Management Inc.. Company insiders that have bought Surgery Partners stock in the last two years include Jason Eric Evans, and Teresa Deluca. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Surgery Partners' stock price today?

One share of SGRY stock can currently be purchased for approximately $14.52.

How big of a company is Surgery Partners?

Surgery Partners has a market capitalization of $733.27 million and generates $1.83 billion in revenue each year. The company earns $-74,800,000.00 in net income (profit) each year or ($1.10) on an earnings per share basis. Surgery Partners employs 9,600 workers across the globe.

What is Surgery Partners' official website?

The official website for Surgery Partners is 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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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