Select Medical Holdings Corporation (SEM) stock forecast: Can it reach its 52-week high of $40.20

Select Medical Holdings Corporation [SEM] stock prices are up 1.04% to $39.76 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SEM shares have gain 3.03% over the last week, with a monthly amount glided 13.41%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Select Medical Holdings Corporation [NYSE: SEM] stock has seen the most recent analyst activity on May 13, 2021, when The Benchmark Company reiterated its Buy rating and also boosted its price target to $44 from $40. Previously, BofA Securities upgraded its rating to Buy on February 26, 2021, and elevated its price target to $36. On June 16, 2020, downgrade downgraded it’s rating to Underperform and revised its price target to $15 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $22 on September 17, 2019. JMP Securities upgraded its rating to a Mkt Outperform but $18 remained the price target by the analyst firm on May 17, 2019. In a note dated October 16, 2018, Credit Suisse initiated an Neutral rating and provided a target price of $18 on this stock.

The stock price of Select Medical Holdings Corporation [SEM] has been fluctuating between $21.28 and $40.20 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Select Medical Holdings Corporation [NYSE: SEM] shares were valued at $39.76 at the most recent close of the market. An investor can expect a potential return of 0.6% based on the average SEM price forecast.

Analyzing the SEM fundamentals

The Select Medical Holdings Corporation [NYSE:SEM] reported sales of 6.79B for trailing twelve months, representing a surge of 7.44%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.2 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.99.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.32 points at the first support level, and at 38.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.20, and for the 2nd resistance point, it is at 40.65.

Ratios To Look Out For

It’s worth pointing out that Select Medical Holdings Corporation [NYSE:SEM]’s Current Ratio is 1.22. Further, the Quick Ratio stands at 1.22, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 3.73 and price to earnings (TTM) ratio is 18.87.

Transactions by insiders

Recent insider trading involved ORTENZIO ROBERT A, EXECUTIVE CHAIRMAN, that happened on Apr 08 ’24 when 50000.0 shares were sold. EXECUTIVE CHAIRMAN, ORTENZIO ROBERT A completed a deal on Mar 08 ’24 to sell 50000.0 shares. Meanwhile, EXECUTIVE CHAIRMAN ORTENZIO ROBERT A sold 50000.0 shares on Feb 08 ’24.

Related Posts