That’s why I Feel Comfortable With Surgery Partners Inc’s (SGRY) Future

A share price of Surgery Partners Inc [SGRY] is currently trading at $33.02, down -0.03%. An important factor to consider is whether the stock is rising or falling in short-term value. The SGRY shares have gain 8.40% over the last week, with a monthly amount drifted -0.33%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Surgery Partners Inc [NASDAQ: SGRY] stock has seen the most recent analyst activity on October 14, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $38. On June 28, 2024, Macquarie initiated with a Outperform rating and assigned a price target of $31 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $35 on March 06, 2024. TD Cowen upgraded its rating to a Outperform and reduced its price target to $35 on November 14, 2023. BofA Securities upgraded its rating to Buy for this stock on June 02, 2023, and upped its price target to $45. In a note dated May 12, 2023, Mizuho initiated an Buy rating and provided a target price of $48 on this stock.

Surgery Partners Inc experienced fluctuations in its stock price throughout the past year between $22.05 and $36.92. Currently, Wall Street analysts expect the stock to reach $44.33 within the next 12 months. Surgery Partners Inc [NASDAQ: SGRY] shares were valued at $33.02 at the most recent close of the market. An investor can expect a potential return of 34.25% based on the average SGRY price forecast.

Analyzing the SGRY fundamentals

Trailing Twelve Months sales for Surgery Partners Inc [NASDAQ:SGRY] were 2.89B which represents 14.16% growth. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.26.

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 32.64 points at the first support level, and at 32.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.38, and for the 2nd resistance point, it is at 33.75.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Surgery Partners Inc [NASDAQ:SGRY] is 1.83. On the other hand, the Quick Ratio is 1.69, and the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 1.45, the price to book ratio is 2.15.

Transactions by insiders

Recent insider trading involved Bradley Owens, Officer, that happened on Sep 05 ’24 when 9241.0 shares were purchased. National Group President, Bane Harrison R. completed a deal on Sep 04 ’24 to sell 6325.0 shares. Meanwhile, Officer Harrison Bane bought 6325.0 shares on Sep 04 ’24.

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