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

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$12.66 -0.95 (-6.98 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$12.66
Today's Range$12.62 - $13.47
52-Week Range$9.45 - $19.95
Volume417,070 shs
Average Volume291,581 shs
Market Capitalization$617.81 million
P/E Ratio-5.17
Dividend YieldN/A
Beta2.59
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

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$1.77 billion
Book Value$27.41 per share

Profitability

Net Income$-205,710,000.00

Miscellaneous

Employees10,600
Market Cap$617.81 million
Next Earnings Date5/8/2019 (Estimated)
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 authorized a stock repurchase plan on Saturday, December 16th 2017, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

How were Surgery Partners' earnings last quarter?

Surgery Partners Inc (NASDAQ:SGRY) released its quarterly earnings results on Wednesday, March, 13th. The company reported ($0.74) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.75. The business had revenue of $491.20 million for the quarter, compared to the consensus estimate of $485.35 million. Surgery Partners had a negative return on equity of 3.90% and a negative net margin of 11.45%. Surgery Partners's revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.03) 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 Wednesday, May 8th 2019. View Earnings Estimates for Surgery Partners.

What guidance has Surgery Partners issued on next quarter's earnings?

Surgery Partners issued an update on its FY 2018 earnings guidance on Monday, January, 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 $1.79 billion.

What price target have analysts set for SGRY?

5 Wall Street analysts have issued 12-month price targets for Surgery Partners' stock. Their forecasts range from $15.00 to $25.00. On average, they anticipate Surgery Partners' share price to reach $18.75 in the next year. This suggests a possible upside of 48.1% from the stock's current price. View Analyst Price Targets for Surgery Partners.

What is the consensus analysts' recommendation for Surgery Partners?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surgery Partners in the last year. There are currently 2 hold ratings and 3 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 stories about SGRY stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of 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 -1.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

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 Mazor Robotics (MZOR), General Electric (GE), Transocean (RIG), SM Energy (SM), Micron Technology (MU), Rigel Pharmaceuticals (RIGL), American Airlines Group (AAL), RTI Surgical (RTIX), Sunrun (RUN) and SunPower (SPWR).

Who are Surgery Partners' key executives?

Surgery Partners' management team includes the folowing people:
  • Ms. Jennifer B. Baldock, Exec. VP & Chief Legal Officer (Age 48)
  • Mr. Dennis Dean, Exec. Officer (Age 47)
  • Mr. Clifford G. Adlerz, Consultant & Director (Age 65)
  • Mr. Wayne Scott DeVeydt, CEO & Director (Age 49)
  • Mr. Thomas Francis Cowhey, Exec. VP, CFO & Principal Accounting Officer (Age 47)

Who are Surgery Partners' major shareholders?

Surgery Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.97%), Elk Creek Partners LLC (2.67%), Royce & Associates LP (2.14%), AMI Asset Management Corp (1.58%), Dimensional Fund Advisors LP (1.16%) 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 institutional investors are selling Surgery Partners stock?

SGRY stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, MetLife Investment Advisors LLC, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. View Insider Buying and Selling for Surgery Partners.

Which institutional investors are buying Surgery Partners stock?

SGRY stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Elk Creek Partners LLC, Millennium Management LLC, Royce & Associates LP, Eaton Vance Management, Squarepoint Ops LLC, Geode Capital Management LLC and Geode Capital Management LLC. 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 $12.66.

How big of a company is Surgery Partners?

Surgery Partners has a market capitalization of $617.81 million and generates $1.77 billion in revenue each year. The company earns $-205,710,000.00 in net income (profit) each year or ($2.45) 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:  182 (Vote Outperform)
Underperform Votes:  232 (Vote Underperform)
Total Votes:  414
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 3/23/2019 by MarketBeat.com Staff

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