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

Sign in or create an account to add this stock to your watchlist.
$13.60 +0.49 (+3.74 %)
(As of 02/18/2019 04:00 PM ET)
Previous Close$13.11
Today's Range$13.12 - $13.66
52-Week Range$9.45 - $19.95
Volume113,250 shs
Average Volume202,950 shs
Market Capitalization$664.93 million
P/E Ratio-16.19
Dividend YieldN/A
Beta2.66
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.

Receive SGRY News and Ratings via Email

Sign-up to receive the latest news and ratings for SGRY and its competitors with MarketBeat's FREE daily newsletter.

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$1.34 billion
Cash Flow$0.3334 per share
Book Value$27.41 per share

Profitability

Net Income$-52,980,000.00

Miscellaneous

Employees10,600
Market Cap$664.93 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 declared that its Board of Directors has authorized a stock 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 repurchase shares of its stock through open market purchases. Shares buyback programs are generally an indication 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 earnings results on Thursday, August, 9th. The company reported ($0.18) EPS for the quarter, topping the Zacks' consensus estimate of ($0.25) by $0.07. The company had revenue of $444.78 million for the quarter, compared to analyst estimates of $428.50 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 54.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.09) EPS. 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 issued an update on its FY 2018 earnings guidance on Monday, January, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.75-1.8 billion, compared to the consensus revenue estimate of $1.79 billion.

What price target have analysts set for SGRY?

6 brokerages have issued 1 year target prices for Surgery Partners' stock. Their predictions range from $15.00 to $25.00. On average, they anticipate Surgery Partners' share price to reach $18.60 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price. View Analyst Price Targets for Surgery Partners.

What is the consensus analysts' recommendation for Surgery Partners?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surgery Partners in the last year. There are currently 2 hold ratings and 4 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?

Media stories about SGRY stock have trended positive recently, InfoTrie reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 2.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days.

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 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 many different of institutional and retail investors. Top institutional shareholders 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 Geode Capital Management LLC (0.45%). 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 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 Gotham Asset 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 $13.60.

How big of a company is Surgery Partners?

Surgery Partners has a market capitalization of $664.93 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:  178 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  403
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 2/18/2019 by MarketBeat.com Staff

Featured Article: What are no-load funds?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel