Select Medical Holdings Corporation (SEM) stock hits $35.95: Is it a good time to buy or wait for a dip?

Select Medical Holdings Corporation [SEM] stock prices are up 12.06% to $35.95 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SEM shares have gain 13.26% over the last week, with a monthly amount glided 7.41%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, The Benchmark Company reaffirmed its Buy rating on May 13, 2021, and elevated its price target to $44. On February 26, 2021, upgrade upgraded it’s rating to Buy and revised its price target to $36 on the stock. BofA/Merrill downgraded its rating to a Underperform and decreased its price target to $15 on June 16, 2020. Deutsche Bank initiated its recommendation with a Buy and recommended $22 as its price target on September 17, 2019. JMP Securities upgraded its rating to Mkt Outperform for this stock on May 17, 2019, but kept the price target unchanged to $18. In a note dated December 14, 2018, Barclays initiated an Equal Weight rating.

The stock price of Select Medical Holdings Corporation [SEM] has been fluctuating between $21.28 and $40.50 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 $35.95 at the most recent close of the market. An investor can expect a potential return of 11.27% based on the average SEM price forecast.

Analyzing the SEM fundamentals

The Select Medical Holdings Corporation [NYSE:SEM] reported sales of 6.97B for trailing twelve months, representing a surge of 5.73%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, 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 0.18 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 2.38.

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 34.47 points at the first support level, and at 33.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.23, and for the 2nd resistance point, it is at 38.52.

Ratios To Look Out For

It’s worth pointing out that Select Medical Holdings Corporation [NYSE:SEM]’s Current Ratio is 1.13. Also, the Quick Ratio is 1.13, while the Cash Ratio stands at 0.15. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 2.43 and price to earnings (TTM) ratio is 16.77.

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.

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