NASDAQ:SGRY - Surgery Partners Stock Price, Price Target & More

$17.48 +0.33 (+1.92 %)
(As of 04/19/2018 07:24 AM ET)
Previous Close$17.15
Today's Range$17.00 - $17.85
52-Week Range$7.10 - $24.05
Volume306,500 shs
Average Volume356,051 shs
Market Capitalization$833.69 million
P/E Ratio-20.80
Dividend YieldN/A
Beta1.82

About Surgery Partners (NASDAQ:SGRY)

Surgery Partners logoSurgery Partners, Inc. is healthcare services holding company, which engages in the provision of solutions for surgical and related ancillary care in support of its patients and physicians. It operates through the following business segments: Surgical Facility Services; Ancillary Services; and Optical Services. The Surgical Facility Services segment consists of the operation of ambulatory surgery centers and surgical hospitals, and includes the anesthesia services of the company. The Ancillary Services segment operates a diagnostic laboratory and multi-specialty physician practices. The Optical Services segment involves an optical laboratory and an optical products group purchasing organization. The company was founded in 2004 and is headquartered in Nashville, TN.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.59%
Current Ratio1.86%
Quick Ratio1.71%

Price-To-Earnings

Trailing P/E Ratio-20.80
Forward P/E Ratio-124.86
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.34 billion
Price / Sales0.63
Cash Flow$0.3279 per share
Price / Cash53.31
Book Value$27.41 per share
Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)($0.84)
Net Income$-52,980,000.00
Net Margins-4.54%
Return on Equity-0.53%
Return on Assets-0.13%

Miscellaneous

Employees10,600
Outstanding Shares48,610,000

How to Become a New Pot Stock Millionaire

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 declared that its board has authorized a share buyback program on Saturday, December 16th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

How were Surgery Partners' earnings last quarter?

Surgery Partners (NASDAQ:SGRY) released its quarterly earnings results on Thursday, March, 1st. The company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.11. The company had revenue of $460.30 million for the quarter, compared to the consensus estimate of $438.30 million. Surgery Partners had a negative return on equity of 0.53% and a negative net margin of 4.54%. Surgery Partners's revenue for the quarter was up 50.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.35 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 Monday, May, 7th 2018. View Earnings Estimates for Surgery Partners.

What price target have analysts set for SGRY?

8 brokerages have issued 12 month price objectives for Surgery Partners' stock. Their predictions range from $15.00 to $19.00. On average, they anticipate Surgery Partners' share price to reach $17.6667 in the next twelve months. View Analyst Ratings for Surgery Partners.

Who are some of Surgery Partners' key competitors?

Who are Surgery Partners' key executives?

Surgery Partners' management team includes the folowing people:
  • Wayne S. DeVeydt, Chief Executive Officer & Director
  • Benjamin F. Jacobs, Group President & Group Chief Development Officer
  • Bryan S. Fisher, COO-National Group & Executive Vice President
  • Robert David Kretschmer, Chief Financial, Strategy & Transformation Officer
  • Thomas F. Cowhey, CFO & Principal Accounting Officer

Has Surgery Partners been receiving favorable news coverage?

News articles about SGRY stock have trended very positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Surgery Partners earned a daily sentiment score of 0.53 on Accern's scale. They also assigned media stories about the company an impact score of 45.22 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Surgery Partners' major shareholders?

Surgery Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include DOYLE MICHAEL THOMAS (6.10%) and DOYLE MICHAEL THOMAS (6.10%). Company insiders that own Surgery Partners stock include HIG Surgery Centers, Llc and Jennifer Baldock. View Institutional Ownership Trends 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 $17.48.

How big of a company is Surgery Partners?

Surgery Partners has a market capitalization of $833.69 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.

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 (SGRY)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  127 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  283
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.

Analyst Ratings

Surgery Partners (NASDAQ:SGRY) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
8 Wall Street analysts have issued ratings and price targets for Surgery Partners in the last 12 months. Their average twelve-month price target is $17.6667, suggesting that the stock has a possible upside of 1.07%. The high price target for SGRY is $19.00 and the low price target for SGRY is $15.00. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldBuy
Consensus Rating Score: 2.382.382.382.50
Ratings Breakdown: 1 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $17.6667$18.00$18.00$18.8333
Price Target Upside: 1.07% upside20.40% upside90.48% upside66.67% upside

Surgery Partners (NASDAQ:SGRY) Consensus Price Target History

Price Target History for Surgery Partners (NASDAQ:SGRY)

Surgery Partners (NASDAQ:SGRY) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/10/2018Stifel NicolausLower Price TargetSell -> Sell$17.00 -> $15.00HighView Rating Details
3/1/2018Jefferies GroupSet Price TargetBuy$18.00HighView Rating Details
1/30/2018BenchmarkSet Price TargetBuy -> Buy$15.00 -> $19.00LowView Rating Details
11/12/2017Royal Bank of CanadaReiterated RatingBuy$18.00N/AView Rating Details
11/1/2017Bank of AmericaDowngradeBuy -> Neutral$19.00N/AView Rating Details
10/31/2017KeyCorpReiterated RatingHoldN/AView Rating Details
8/11/2017CitigroupReiterated RatingBuy$28.00 -> $17.00LowView Rating Details
8/9/2017Raymond JamesReiterated RatingStrong-Buy -> Market PerformHighView Rating Details
7/13/2016BarclaysInitiated CoverageEqual Weight$20.00N/AView Rating Details
5/6/2016Morgan StanleyReiterated RatingHoldN/AView Rating Details
(Data available from 4/19/2016 forward)

Earnings

Surgery Partners (NASDAQ:SGRY) Earnings History and Estimates Chart

Earnings by Quarter for Surgery Partners (NASDAQ:SGRY)

Surgery Partners (NASDAQ:SGRY) Earnings Estimates

Current Year EPS Consensus Estimate: $-0.14 EPS
Next Year EPS Consensus Estimate: $0.3 EPS

Surgery Partners (NASDAQ SGRY) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/7/2018($0.03)N/AView Earnings Details
3/1/2018Q4 2017$0.08($0.03)$438.30 million$460.30 millionViewN/AView Earnings Details
11/8/2017Q3 2017($0.11)($0.04)$314.12 million$306.34 millionViewN/AView Earnings Details
8/8/2017Q2 2017$0.15($0.04)$317.06 million$288.35 millionViewN/AView Earnings Details
5/9/2017Q1 2017$0.07$0.04$293.37 million$286.18 millionViewN/AView Earnings Details
3/9/2017Q4 2016$0.20$0.19$298.16 million$306.00 millionViewListenView Earnings Details
11/9/2016Q3 2016$0.14$0.21$283.80 million$282.70 millionViewListenView Earnings Details
8/9/2016Q216$0.14$0.16$275.99 million$289.70 millionViewListenView Earnings Details
5/5/2016Q116$0.03($0.15)$255.06 million$267.10 millionViewN/AView Earnings Details
3/10/2016Q415$0.19$0.35$246.70 million$263.00 millionViewListenView Earnings Details
11/12/2015Q315$0.01$0.04$234.58 million$239.60 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Surgery Partners (NASDAQ:SGRY) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Surgery Partners (NASDAQ SGRY) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 7.60%
Insider Trading History for Surgery Partners (NASDAQ:SGRY)
Insider Trading History for Surgery Partners (NASDAQ:SGRY)

Surgery Partners (NASDAQ SGRY) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/31/2017H.I.G. Surgery Centers, LlcMajor ShareholderSell26,455,651$19.00$502,657,369.00View SEC Filing  
8/29/2016Jennifer BaldockVPSell2,500$19.20$48,000.0066,983View SEC Filing  
10/21/2015H.I.G. Surgery Centers, LlcMajor ShareholderSell1,324,464$19.00$25,164,816.00View SEC Filing  
10/21/2015Michael Thomas DoyleCEOSell152,966$19.00$2,906,354.002,920,487View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Surgery Partners (NASDAQ SGRY) News Headlines

Source:
DateHeadline
 Analysts Anticipate Surgery Partners (SGRY) Will Announce Quarterly Sales of $415.99 Million Analysts Anticipate Surgery Partners (SGRY) Will Announce Quarterly Sales of $415.99 Million
www.americanbankingnews.com - April 14 at 1:49 AM
Surgery Partners (SGRY) Downgraded by Zacks Investment ResearchSurgery Partners (SGRY) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 13 at 8:53 PM
 Analysts Expect Surgery Partners (SGRY) Will Post Earnings of -$0.20 Per Share Analysts Expect Surgery Partners (SGRY) Will Post Earnings of -$0.20 Per Share
www.americanbankingnews.com - April 12 at 9:12 PM
Surgery Partners (SGRY) Upgraded at Zacks Investment ResearchSurgery Partners (SGRY) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 12 at 11:07 AM
Surgery Partners (SGRY) Rating Lowered to Buy at BidaskClubSurgery Partners (SGRY) Rating Lowered to Buy at BidaskClub
www.americanbankingnews.com - April 12 at 10:46 AM
Surgery Partners (SGRY) Rating Lowered to Sell at Stifel NicolausSurgery Partners (SGRY) Rating Lowered to Sell at Stifel Nicolaus
www.americanbankingnews.com - April 11 at 11:52 PM
Surgery Partners down 7% as Stifel trims price targetSurgery Partners down 7% as Stifel trims price target
seekingalpha.com - April 11 at 4:36 PM
Surgery Partners (SGRY) PT Set at $15.00 by Stifel NicolausSurgery Partners (SGRY) PT Set at $15.00 by Stifel Nicolaus
www.americanbankingnews.com - April 11 at 7:35 AM
Contrasting Surgery Partners (SGRY) & Tenet Healthcare (THC)Contrasting Surgery Partners (SGRY) & Tenet Healthcare (THC)
www.americanbankingnews.com - April 10 at 5:32 AM
Surgery Partners (SGRY) Given Average Rating of "Hold" by AnalystsSurgery Partners (SGRY) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - April 5 at 3:23 AM
Analyzing Surgery Partners (SGRY) and Hospital Co. of America (HCA)Analyzing Surgery Partners (SGRY) and Hospital Co. of America (HCA)
www.americanbankingnews.com - April 5 at 3:08 AM
Surgery Partners (SGRY) Upgraded to "Strong-Buy" at BidaskClubSurgery Partners (SGRY) Upgraded to "Strong-Buy" at BidaskClub
www.americanbankingnews.com - April 4 at 12:53 PM
Surgery Partners (SGRY) Rating Lowered to Neutral at Bank of AmericaSurgery Partners (SGRY) Rating Lowered to Neutral at Bank of America
www.americanbankingnews.com - April 2 at 2:04 PM
Surgery Partners (SGRY) Price Target Cut to $13.00 by Analysts at Jefferies GroupSurgery Partners (SGRY) Price Target Cut to $13.00 by Analysts at Jefferies Group
www.americanbankingnews.com - April 2 at 11:16 AM
Surgery Partners (SGRY) Lowered to Sell at ValuEngineSurgery Partners (SGRY) Lowered to Sell at ValuEngine
www.americanbankingnews.com - April 1 at 12:08 AM
Head-To-Head Review: Surgery Partners (SGRY) versus Community Health Systems (CYH)Head-To-Head Review: Surgery Partners (SGRY) versus Community Health Systems (CYH)
www.americanbankingnews.com - March 31 at 7:32 PM
 Analysts Expect Surgery Partners Inc (SGRY) Will Announce Quarterly Sales of $423.52 Million Analysts Expect Surgery Partners Inc (SGRY) Will Announce Quarterly Sales of $423.52 Million
www.americanbankingnews.com - March 28 at 1:02 AM
 Analysts Expect Surgery Partners Inc (SGRY) to Post -$0.20 EPS Analysts Expect Surgery Partners Inc (SGRY) to Post -$0.20 EPS
www.americanbankingnews.com - March 26 at 11:08 PM
Benchmark Analysts Give Surgery Partners (SGRY) a $19.00 Price TargetBenchmark Analysts Give Surgery Partners (SGRY) a $19.00 Price Target
www.americanbankingnews.com - March 26 at 1:27 PM
Surgery Partners (SGRY) Cut to "Sell" at Zacks Investment ResearchSurgery Partners (SGRY) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - March 14 at 5:24 PM
Surgery Partners, Inc. (SGRY) Names Thomas F. Cowhey as New CFOSurgery Partners, Inc. (SGRY) Names Thomas F. Cowhey as New CFO
www.streetinsider.com - March 12 at 11:15 AM
Surgery Partners Announces Appointment of Thomas F. Cowhey as Chief Financial OfficerSurgery Partners Announces Appointment of Thomas F. Cowhey as Chief Financial Officer
finance.yahoo.com - March 12 at 11:15 AM
Surgery Partners Inc (SGRY) Given Consensus Rating of "Hold" by BrokeragesSurgery Partners Inc (SGRY) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 11 at 5:33 AM
Surgery Partners Inc (SGRY) Expected to Announce Quarterly Sales of $422.34 MillionSurgery Partners Inc (SGRY) Expected to Announce Quarterly Sales of $422.34 Million
www.americanbankingnews.com - March 11 at 4:50 AM
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Surgery Partners, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of DirectorsSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Surgery Partners, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - March 7 at 9:26 AM
Surgery Partners (SGRY) Posts Quarterly  Earnings Results, Misses Expectations By $0.11 EPSSurgery Partners (SGRY) Posts Quarterly Earnings Results, Misses Expectations By $0.11 EPS
www.americanbankingnews.com - March 3 at 10:38 AM
Jefferies Group Analysts Give Surgery Partners (SGRY) a $18.00 Price TargetJefferies Group Analysts Give Surgery Partners (SGRY) a $18.00 Price Target
www.americanbankingnews.com - March 2 at 12:28 PM
Surgery Partners reports 4Q lossSurgery Partners reports 4Q loss
finance.yahoo.com - March 2 at 9:12 AM
What Investors Should Know About Surgery Partners Inc’s (NASDAQ:SGRY) Financial StrengthWhat Investors Should Know About Surgery Partners Inc’s (NASDAQ:SGRY) Financial Strength
finance.yahoo.com - March 1 at 9:04 AM
Surgery Partners (SGRY) to Release Earnings on WednesdaySurgery Partners (SGRY) to Release Earnings on Wednesday
www.americanbankingnews.com - February 28 at 1:58 AM
Surgery Partners Inc (SGRY) Shares Bought by Royce & Associates LPSurgery Partners Inc (SGRY) Shares Bought by Royce & Associates LP
www.americanbankingnews.com - February 25 at 10:06 AM
Surgery Partners, Inc. Announces Fourth Quarter and Full Year 2017 Earnings Release Date and Conference CallSurgery Partners, Inc. Announces Fourth Quarter and Full Year 2017 Earnings Release Date and Conference Call
finance.yahoo.com - February 22 at 9:09 AM
Surgery Partners Inc (SGRY) Expected to Announce Quarterly Sales of $417.81 MillionSurgery Partners Inc (SGRY) Expected to Announce Quarterly Sales of $417.81 Million
www.americanbankingnews.com - February 22 at 1:44 AM
Surgery Partners (SGRY) Stock Rating Upgraded by BidaskClubSurgery Partners (SGRY) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - February 21 at 7:42 PM
$0.03 EPS Expected for Surgery Partners Inc (SGRY) This Quarter$0.03 EPS Expected for Surgery Partners Inc (SGRY) This Quarter
www.americanbankingnews.com - February 20 at 11:14 PM
Zacks Investment Research Downgrades Surgery Partners (SGRY) to SellZacks Investment Research Downgrades Surgery Partners (SGRY) to Sell
www.americanbankingnews.com - February 20 at 3:42 PM
Surgery Partners Inc (SGRY) Receives Consensus Recommendation of "Hold" from AnalystsSurgery Partners Inc (SGRY) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - February 14 at 3:36 AM
Zacks Investment Research Lowers Surgery Partners (SGRY) to SellZacks Investment Research Lowers Surgery Partners (SGRY) to Sell
www.americanbankingnews.com - February 6 at 1:56 PM
Zacks: Brokerages Anticipate Surgery Partners Inc (SGRY) Will Post Quarterly Sales of $424.94 MillionZacks: Brokerages Anticipate Surgery Partners Inc (SGRY) Will Post Quarterly Sales of $424.94 Million
www.americanbankingnews.com - February 5 at 3:46 AM
ValuEngine Lowers Surgery Partners (SGRY) to SellValuEngine Lowers Surgery Partners (SGRY) to Sell
www.americanbankingnews.com - February 4 at 1:48 PM
Surgery Partners Announces Executive Leadership TransitionsSurgery Partners Announces Executive Leadership Transitions
finance.yahoo.com - January 30 at 9:43 AM
Surgery Partners Inc (SGRY) Expected to Post Quarterly Sales of $436.63 MillionSurgery Partners Inc (SGRY) Expected to Post Quarterly Sales of $436.63 Million
www.americanbankingnews.com - January 20 at 6:28 PM
Surgery Partners Inc (SGRY) Given Average Recommendation of "Hold" by BrokeragesSurgery Partners Inc (SGRY) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - January 20 at 3:38 AM
$0.06 EPS Expected for Surgery Partners Inc (SGRY) This Quarter$0.06 EPS Expected for Surgery Partners Inc (SGRY) This Quarter
www.americanbankingnews.com - January 18 at 1:42 AM
Scott+Scott, Attorneys at Law, LLP Reminds Investors of Investigation into Surgery Partners, Inc. (SGRY)Scott+Scott, Attorneys at Law, LLP Reminds Investors of Investigation into Surgery Partners, Inc. (SGRY)
finance.yahoo.com - January 16 at 3:47 PM
Surgery Partners Announces Appointment of Wayne S. DeVeydt as Chief Executive OfficerSurgery Partners Announces Appointment of Wayne S. DeVeydt as Chief Executive Officer
finance.yahoo.com - January 16 at 11:10 AM
Surgery Partners (SGRY) Upgraded to Hold by Zacks Investment ResearchSurgery Partners (SGRY) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - January 13 at 8:02 AM
ETFs with exposure to Surgery Partners, Inc. : January 1, 2018ETFs with exposure to Surgery Partners, Inc. : January 1, 2018
finance.yahoo.com - January 1 at 3:49 PM
Surgery Partners (SGRY) Cut to "Sell" at ValuEngineSurgery Partners (SGRY) Cut to "Sell" at ValuEngine
www.americanbankingnews.com - January 1 at 10:38 AM
Surgery Partners (SGRY) Rating Increased to Hold at BidaskClubSurgery Partners (SGRY) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - December 27 at 9:53 AM

SEC Filings

Surgery Partners (NASDAQ:SGRY) SEC Filings

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Social Media

Financials

Surgery Partners (NASDAQ:SGRY) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Surgery Partners (NASDAQ SGRY) Stock Chart for Thursday, April, 19, 2018

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This page was last updated on 4/19/2018 by MarketBeat.com Staff

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