Shares of Select Medical Holdings Corporation (NYSE:SEM) have earned a consensus recommendation of “Hold” from the ten analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $19.60.

Several analysts have issued reports on SEM shares. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $19.00 price objective on shares of Select Medical Holdings Corporation in a research report on Wednesday, September 13th. ValuEngine raised shares of Select Medical Holdings Corporation from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of Select Medical Holdings Corporation from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research report on Tuesday, August 8th. Benchmark Co. increased their price objective on shares of Select Medical Holdings Corporation from $17.00 to $20.00 and gave the company a “buy” rating in a research report on Monday, August 7th. Finally, Robert W. Baird set a $25.00 price objective on shares of Select Medical Holdings Corporation and gave the company a “buy” rating in a research report on Monday, October 23rd.

Shares of Select Medical Holdings Corporation (NYSE:SEM) traded up $0.20 during trading hours on Friday, reaching $17.30. 835,600 shares of the company’s stock traded hands, compared to its average volume of 895,359. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.51 and a quick ratio of 1.51. Select Medical Holdings Corporation has a one year low of $12.00 and a one year high of $19.77. The firm has a market capitalization of $2,288.40, a P/E ratio of 21.65, a price-to-earnings-growth ratio of 1.33 and a beta of 1.40.

Select Medical Holdings Corporation (NYSE:SEM) last issued its quarterly earnings data on Thursday, November 2nd. The health services provider reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.02). Select Medical Holdings Corporation had a net margin of 2.21% and a return on equity of 11.44%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the business earned $0.06 EPS. The firm’s revenue was up 4.1% compared to the same quarter last year. equities research analysts anticipate that Select Medical Holdings Corporation will post 0.86 EPS for the current year.

In other news, insider David S. Chernow sold 133,025 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $17.85, for a total transaction of $2,374,496.25. Following the completion of the sale, the insider now owns 729,815 shares of the company’s stock, valued at $13,027,197.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael E. Tarvin sold 18,500 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $18.97, for a total transaction of $350,945.00. Following the sale, the insider now directly owns 340,044 shares of the company’s stock, valued at approximately $6,450,634.68. The disclosure for this sale can be found here. 19.93% of the stock is currently owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in SEM. Teachers Advisors LLC grew its position in shares of Select Medical Holdings Corporation by 4.9% during the first quarter. Teachers Advisors LLC now owns 198,689 shares of the health services provider’s stock worth $2,652,000 after buying an additional 9,213 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Select Medical Holdings Corporation by 0.8% during the first quarter. PNC Financial Services Group Inc. now owns 8,313 shares of the health services provider’s stock worth $111,000 after buying an additional 70 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Select Medical Holdings Corporation by 5.9% during the first quarter. Vanguard Group Inc. now owns 9,560,777 shares of the health services provider’s stock worth $127,637,000 after buying an additional 528,762 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Select Medical Holdings Corporation by 12.8% during the first quarter. Geode Capital Management LLC now owns 1,004,610 shares of the health services provider’s stock worth $13,410,000 after buying an additional 113,638 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in shares of Select Medical Holdings Corporation by 9.6% during the first quarter. Schwab Charles Investment Management Inc. now owns 881,145 shares of the health services provider’s stock worth $11,764,000 after buying an additional 77,264 shares in the last quarter. 78.78% of the stock is owned by institutional investors and hedge funds.

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Select Medical Holdings Corporation Company Profile

Select Medical Holdings Corporation is an operator of specialty hospitals, outpatient rehabilitation clinics and occupational medicine centers in the United States. The Company’s segments include specialty hospitals, outpatient rehabilitation, Concentra and Other. The specialty hospitals segment consists of hospitals designed to serve the needs of long term acute patients and hospitals designed to serve patients that require intensive medical rehabilitation care.

Analyst Recommendations for Select Medical Holdings Corporation (NYSE:SEM)

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