Surgery Partners, Inc. is a healthcare services company. The Company operates in three lines of business across the United States: Surgical Facility Services, Ancillary Services and Optical Services. The Company's Surgical Facility Services segment consists of the operation of ambulatory surgery centers (ASCs) and surgical hospitals, which include its anesthesia services. The Company's surgical facilities primarily provide non-emergency surgical procedures across a range of specialties, which include gastrointestinal (GI), general surgery, ophthalmology, orthopedics and pain management. The Company's Ancillary Services segment consists of a diagnostic laboratory, a specialty pharmacy and multi-specialty physician practices. The Company's physician practices include its owned and operated physician practices pursuant to long-term management service agreements. The Company's Optical Services segment consists of an optical laboratory, an optical products group purchasing organization.
Industry, Sector and Symbol:
- Sector: Medical
- Industry: Hospitals, Clinics & Primary Care Services
- Sub-Industry: N/A
- Symbol: NASDAQ:SGRY
- CUSIP: N/A
- Web: www.surgerypartners.com
Capitalization:- Market Cap: $446.62 million
- Outstanding Shares: 48,811,000
Average Prices:- 50 Day Moving Avg: $18.00
- 200 Day Moving Avg: $19.83
- 52 Week Range: $8.95 - $24.05
P/E:- Trailing P/E Ratio: 59.87
- Foreward P/E Ratio: 13.86
- P/E Growth: 1.66
Sales & Book Value:- Annual Revenue: $1.13 billion
- Price / Sales: 0.40
- Book Value: $0.13 per share
- Price / Book: 70.38
Profitability:- EBIDTA: $231.39 million
- Net Margins: 0.63%
- Return on Equity: 6.02%
- Return on Assets: 0.81%
Debt:- Debt-to-Equity Ratio: 5.69%
- Current Ratio: 1.89%
- Quick Ratio: 1.73%
Misc:- Average Volume: 299,514 shs.
- Beta: 1.71
- Short Ratio: 4.03
Frequently Asked Questions for Surgery Partners (NASDAQ:SGRY)
What is Surgery Partners' stock symbol?
Surgery Partners trades on the NASDAQ under the ticker symbol "SGRY."
How were Surgery Partners' earnings last quarter?
Surgery Partners, Inc. (NASDAQ:SGRY) released its quarterly earnings data on Tuesday, August, 9th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.02. The business had revenue of $289.70 million for the quarter, compared to the consensus estimate of $275.99 million. Surgery Partners had a return on equity of 6.02% and a net margin of 0.63%. The company's revenue was up 24.4% on a year-over-year basis. View Surgery Partners' Earnings History.
When will Surgery Partners make its next earnings announcement?
Where is Surgery Partners' stock going? Where will Surgery Partners' stock price be in 2017?
6 equities research analysts have issued twelve-month price targets for Surgery Partners' shares. Their forecasts range from $17.00 to $24.00. On average, they anticipate Surgery Partners' share price to reach $20.40 in the next twelve months. View Analyst Ratings for Surgery Partners.
Who are some of Surgery Partners' key competitors?
Some companies that are related to Surgery Partners include Intersect ENT (XENT), Ascendis Pharma A/S (ASND), Dynavax Technologies Corporation (DVAX), Orthofix International N.V. (OFIX), Cellectis S.A. (CLLS), Sangamo Therapeutics (SGMO), Five Prime Therapeutics (FPRX), Luminex Corporation (LMNX), BeyondSpring (BYSI), Eagle Pharmaceuticals (EGRX), Arena Pharmaceuticals (ARNA), Amarin Corporation PLC (AMRN), Aduro Biotech (ADRO), Community Health Systems (CYH), Keryx Biopharmaceuticals (KERX), Insmed (INSM), Achaogen (AKAO) and PTC Therapeutics (PTCT).
Who are Surgery Partners' key executives?
Surgery Partners' management team includes the folowing people:
- Michael T. Doyle, Chief Executive Officer, Director
- Teresa F. Sparks, Chief Financial Officer, Executive Vice President
- John B. Crysel, Group President of Surgery Partners’ National Group
- Jennifer Boyd Baldock, Senior Vice President, General Counsel, Secretary
- Dennis Dean, Senior Vice President, Corporate Controller
- Teresa DeLuca M.D., Director
- Brent Turner, Director
- Adam Feinstein, Independent Director
Who owns Surgery Partners stock?
Surgery Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (5.29%), TimesSquare Capital Management LLC (3.33%), Vanguard Group Inc. (3.27%), Neuberger Berman Group LLC (3.10%), NN Investment Partners Holdings N.V. (2.50%) and Peregrine Capital Management LLC (1.85%). Company insiders that own Surgery Partners stock include HIG Surgery Centers, Llc, Jennifer Baldock and Michael Thomas Doyle. View Institutional Ownership Trends for Surgery Partners.
Who sold Surgery Partners stock? Who is selling Surgery Partners stock?
Surgery Partners' stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, TimesSquare Capital Management LLC, Jennison Associates LLC, Eagle Asset Management Inc., Marshall Wace North America L.P., Neuberger Berman Group LLC, JPMorgan Chase & Co. and Macquarie Group Ltd.. View Insider Buying and Selling for Surgery Partners.
Who bought Surgery Partners stock? Who is buying Surgery Partners stock?
Surgery Partners' stock was bought by a variety of institutional investors in the last quarter, including Elk Creek Partners LLC, NN Investment Partners Holdings N.V., Dimensional Fund Advisors LP, Royce & Associates LP, AMI Asset Management Corp, Wells Fargo & Company MN, JHL Capital Group LLC and First Trust Advisors LP. View Insider Buying and Selling for Surgery Partners.
How do I buy Surgery Partners stock?
Shares of Surgery Partners can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Surgery Partners' stock price today?
One share of Surgery Partners stock can currently be purchased for approximately $9.15.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Surgery Partners (NASDAQ:SGRY) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 1 Hold Rating, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $20.40 (122.95% upside) |
Analysts' Ratings History for Surgery Partners (NASDAQ:SGRY)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/11/2017 | Citigroup Inc. | Reiterated Rating | Buy | $28.00 -> $17.00 | Low |  |
| 8/9/2017 | Raymond James Financial, Inc. | Reiterated Rating | Strong-Buy -> Market Perform | | High | |
| 8/9/2017 | Stifel Nicolaus | Downgrade | Hold -> Sell | $21.00 -> $17.00 | High | |
| 1/31/2017 | Benchmark Co. | Initiated Coverage | Buy | $24.00 | N/A | |
| 1/17/2017 | Jefferies Group LLC | Set Price Target | Buy | $24.00 | N/A | |
| 1/3/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $20.00 | N/A | |
| 7/13/2016 | Barclays PLC | Initiated Coverage | Equal Weight | $20.00 | N/A | |
| 6/9/2016 | KeyCorp | Initiated Coverage | Overweight | $21.00 | N/A | |
| 5/6/2016 | Morgan Stanley | Reiterated Rating | Hold | | N/A | |
| 3/14/2016 | Goldman Sachs Group, Inc. (The) | Lower Price Target | | $23.00 -> $20.00 | N/A | |
| 10/26/2015 | Bank of America Corporation | Initiated Coverage | Buy | $27.00 | N/A | |
(Data available from 8/22/2015 forward)
Earnings History for Surgery Partners (NASDAQ:SGRY)Earnings History by Quarter for Surgery Partners (NASDAQ SGRY)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/7/2017 | | $0.03 | | | | | N/A | |
| 3/9/2017 | Q4 2016 | $0.20 | $0.19 | $298.16 million | $306.00 million | View | Listen | |
| 11/9/2016 | Q3 2016 | $0.14 | $0.21 | $283.80 million | $282.70 million | View | Listen | |
| 8/9/2016 | Q216 | $0.14 | $0.16 | $275.99 million | $289.70 million | View | Listen | |
| 5/5/2016 | Q116 | $0.03 | ($0.15) | $255.06 million | $267.10 million | View | N/A | |
| 3/10/2016 | Q415 | $0.19 | $0.35 | $246.70 million | $263.00 million | View | Listen | |
| 11/12/2015 | Q315 | $0.01 | $0.04 | $234.58 million | $239.60 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Surgery Partners (NASDAQ:SGRY)2017 EPS Consensus Estimate: $0.71
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.09 | $0.10 | $0.10 |
| Q2 2017 | 2 | $0.20 | $0.20 | $0.20 |
| Q3 2017 | 2 | $0.03 | $0.19 | $0.11 |
| Q4 2017 | 2 | $0.24 | $0.37 | $0.31 |
(Data provided by Zacks Investment Research)
Dividend History for Surgery Partners (NASDAQ:SGRY)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Surgery Partners (NASDAQ:SGRY)Insider Ownership Percentage: 7.50%
Institutional Ownership Percentage: 38.42%
Insider Trades by Quarter for Surgery Partners (NASDAQ:SGRY)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/29/2016 | Jennifer Baldock | VP | Sell | 2,500 | $19.20 | $48,000.00 | |
| 10/21/2015 | H.I.G. Surgery Centers, Llc | Major Shareholder | Sell | 1,324,464 | $19.00 | $25,164,816.00 | |
| 10/21/2015 | Michael Thomas Doyle | CEO | Sell | 152,966 | $19.00 | $2,906,354.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Surgery Partners (NASDAQ:SGRY)
Latest Headlines for Surgery Partners (NASDAQ:SGRY)
| Source: |
|
| Date | Headline |
|---|
 | AAC Holdings (AAC) versus Surgery Partners (SGRY) Head-To-Head Review
www.americanbankingnews.com - August 18 at 10:46 AM |
| Surgery Partners, Inc. (SGRY) Downgraded by Zacks Investment Research to Strong Sell
www.americanbankingnews.com - August 12 at 6:36 AM |
| Surgery Partners, Inc. (SGRY) Price Target Lowered to $17.00 at Citigroup Inc.
www.americanbankingnews.com - August 11 at 6:20 PM |
| Surgery Partners, Inc. Expected to Earn Q3 2017 Earnings of $0.03 Per Share (NASDAQ:SGRY)
www.americanbankingnews.com - August 11 at 11:40 AM |
 | Surgery Partners Stock Plummets After Q2 Results Hint At Integration Challenges
finance.yahoo.com - August 11 at 8:28 AM |
 | Surgery Partners Takes Lumps on Q2 Figures
www.baystreet.ca - August 10 at 7:48 AM |
 | Surgery Partners, Inc. (SGRY) Misses Q2 EPS by 27c, Miss on Revenues; Offers FY17 Revenues
www.streetinsider.com - August 10 at 7:48 AM |
 | Surgery Partners' (SGRY) CEO Brett Roberts on Q2 2017 Results - Earnings Call Transcript
www.msn.com - August 10 at 7:48 AM |
| Edited Transcript of SGRY earnings conference call or presentation 9-Aug-17 12:30pm GMT
finance.yahoo.com - August 10 at 7:48 AM |
| Here's Why Surgery Partners Inc. Is Sinking Today
finance.yahoo.com - August 10 at 7:48 AM |
| Surgery Partners, Inc. (NASDAQ:SGRY) Stock Rating Reaffirmed by Raymond James Financial, Inc.
www.americanbankingnews.com - August 9 at 9:00 AM |
| Surgery Partners, Inc. Announces Second Quarter 2017 Results
finance.yahoo.com - August 9 at 7:26 AM |
| Surgery Partners, Inc. (NASDAQ:SGRY) Expected to Post Quarterly Sales of $317.06 Million
www.americanbankingnews.com - August 8 at 7:44 AM |
| $0.18 EPS Expected for Surgery Partners, Inc. (NASDAQ:SGRY) This Quarter
www.americanbankingnews.com - August 6 at 12:28 PM |
| Surgery Partners, Inc. (NASDAQ:SGRY) Cut to "Strong Sell" at BidaskClub
www.americanbankingnews.com - August 5 at 5:30 PM |
| Critical Contrast: AAC Holdings (AAC) and Surgery Partners (SGRY)
www.americanbankingnews.com - August 3 at 2:44 PM |
| AAC Holdings (AAC) & Surgery Partners (SGRY) Financial Comparison
www.americanbankingnews.com - August 2 at 8:22 PM |
| Surgery Partners, Inc. (NASDAQ:SGRY) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - August 2 at 8:32 AM |
| Surgery Partners, Inc. (SGRY) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - July 31 at 8:30 AM |
| Comparing Surgery Partners (SGRY) and Quorum Health Corporation (QHC)
www.americanbankingnews.com - July 31 at 12:35 AM |
| Surgery Partners, Inc. (NASDAQ:SGRY) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 29 at 7:45 AM |
| BioScrip (BIOS) vs. Surgery Partners (NASDAQ:SGRY) Financial Review
www.americanbankingnews.com - July 27 at 9:36 AM |
| Surgery Partners, Inc. Announces Second Quarter 2017 Earnings Release Date and Conference Call Details
finance.yahoo.com - July 26 at 7:21 AM |
| BidaskClub Lowers Surgery Partners, Inc. (SGRY) to Sell
www.americanbankingnews.com - July 24 at 7:52 PM |
| Comparing Surgery Partners (NASDAQ:SGRY) and AAC Holdings (AAC)
www.americanbankingnews.com - July 21 at 4:36 PM |
| Surgery Partners, Inc. (NASDAQ:SGRY) Expected to Announce Quarterly Sales of $317.06 Million
www.americanbankingnews.com - July 19 at 3:02 PM |
| Surgery Partners Investigation By Block & Leviton LLP
finance.yahoo.com - July 18 at 8:07 AM |
| $0.17 EPS Expected for Surgery Partners, Inc. (NASDAQ:SGRY) This Quarter
www.americanbankingnews.com - July 17 at 11:29 AM |
| Critical Comparison: Healthways (TVTY) versus Surgery Partners (NASDAQ:SGRY)
www.americanbankingnews.com - July 16 at 12:26 PM |
| Surgery Partners, Inc. – Value Analysis (NASDAQ:SGRY) : July 10, 2017
finance.yahoo.com - July 11 at 7:36 AM |
| Surgery Partners, Inc. breached its 50 day moving average in a Bearish Manner : SGRY-US : July 7, 2017
finance.yahoo.com - July 7 at 11:14 AM |
| Surgery Partners, Inc. (NASDAQ:SGRY) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - July 4 at 11:29 AM |
| Zacks: Brokerages Expect Surgery Partners, Inc. (SGRY) Will Post Quarterly Sales of $317.06 Million
www.americanbankingnews.com - June 23 at 5:52 PM |
| Surgery Partners, Inc. (SGRY) Raised to "Buy" at BidaskClub
www.americanbankingnews.com - June 21 at 3:40 PM |
| Brokerages Expect Surgery Partners, Inc. (SGRY) Will Announce Earnings of $0.18 Per Share
www.americanbankingnews.com - June 21 at 7:34 AM |
| ETFs with exposure to Surgery Partners, Inc. : June 20, 2017
finance.yahoo.com - June 21 at 5:18 AM |
| Surgery Partners, Inc. Announces Pricing of $370 Million Senior Note Offering
finance.yahoo.com - June 20 at 7:30 AM |
 | Commit To Purchase Surgery Partners At $20, Earn 13% Annualized Using Options
www.nasdaq.com - June 16 at 2:51 AM |
| Surgery Partners Inc (SGRY) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - June 9 at 11:22 AM |
| ETFs with exposure to Surgery Partners, Inc. : June 8, 2017
finance.yahoo.com - June 8 at 10:05 PM |
| Surgery Center Holdings, Inc. -- Moody's assigns B1 rating to Surgery Center Holdings' senior secured bank debt; outlook stable
finance.yahoo.com - June 8 at 2:27 AM |
| Surgery Partners, Inc. :SGRY-US: Earnings Analysis: Q1, 2017 By the Numbers : June 6, 2017
finance.yahoo.com - June 6 at 10:24 PM |
| $317.06 Million in Sales Expected for Surgery Partners Inc (SGRY) This Quarter
www.americanbankingnews.com - May 28 at 10:46 AM |
| Surgery Partners Inc (SGRY) Expected to Announce Earnings of $0.18 Per Share
www.americanbankingnews.com - May 26 at 10:11 AM |
| Surgery Partners, Inc. Announces Receipt of Requisite Consents and Expiration of its Consent Solicitation Relating to its Senior Notes
finance.yahoo.com - May 26 at 6:57 AM |
 | Surgery Partners (SGRY) announces acquisition of National Surgical Healthcare - Slideshow
seekingalpha.com - May 23 at 7:11 PM |
| Surgery Partners, Inc. Announces Consent Solicitation Relating to its Senior Notes
finance.yahoo.com - May 18 at 1:10 PM |
| KeyCorp Brokers Cut Earnings Estimates for Surgery Partners Inc (SGRY)
www.americanbankingnews.com - May 17 at 7:42 AM |
| National Surgical Hospitals, Inc. -- Moody's reviews National Surgical Hospitals for downgrade
finance.yahoo.com - May 15 at 7:00 PM |
| Surgery Partners Inc (SGRY) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 15 at 11:24 AM |
Surgery Partners (SGRY) Chart for Tuesday, August, 22, 2017
