Select Medical Holdings Corp (NYSE:SEM) Stock Price Down as Sentiment Crashes

May 17, 2018 - By Duane Lopez

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Sentiment for Select Medical Holdings Corp (NYSE:SEM)

Select Medical Holdings Corp (NYSE:SEM) institutional sentiment decreased to 1.1 in 2017 Q4. Its down -0.17, from 1.27 in 2017Q3. The ratio has dropped, as 78 hedge funds started new or increased positions, while 71 cut down and sold holdings in Select Medical Holdings Corp. The hedge funds in our partner’s database now possess: 100.69 million shares, down from 103.97 million shares in 2017Q3. Also, the number of hedge funds holding Select Medical Holdings Corp in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 17 Reduced: 54 Increased: 55 New Position: 23.

Select Medical Holdings Corporation, through its subsidiary, Select Medical Corporation, operates specialty hospitals, outpatient rehabilitation clinics, and occupational medicine centers in the United States. The company has market cap of $2.48 billion. The companyÂ’s Specialty Hospitals segment operates long term acute care hospitals and inpatient acute rehabilitative hospitals. It has a 13.92 P/E ratio. This segment offers various medical services for the treatment of respiratory failure, neuromuscular disorders, traumatic brain and spinal cord injuries, strokes, non-healing wounds, cardiac disorders, renal disorders, and cancer.

The stock increased 0.27% or $0.05 during the last trading session, reaching $18.5. About 291,573 shares traded. Select Medical Holdings Corporation (NYSE:SEM) has risen 34.62% since May 17, 2017 and is uptrending. It has outperformed by 23.07% the S&P500.

Analysts await Select Medical Holdings Corporation (NYSE:SEM) to report earnings on August, 2. They expect $0.36 earnings per share, up 12.50 % or $0.04 from last year’s $0.32 per share. SEM’s profit will be $48.26 million for 12.85 P/E if the $0.36 EPS becomes a reality. After $0.29 actual earnings per share reported by Select Medical Holdings Corporation for the previous quarter, Wall Street now forecasts 24.14 % EPS growth.

Hood River Capital Management Llc holds 2.46% of its portfolio in Select Medical Holdings Corporation for 2.41 million shares. Senzar Asset Management Llc owns 490,500 shares or 2.21% of their US portfolio. Moreover, Orbimed Advisors Llc has 1.13% invested in the company for 5.07 million shares. The Wisconsin-based Broadview Advisors Llc has invested 1.07% in the stock. Smith Graham & Co. Investment Advisors Lp, a Texas-based fund reported 578,827 shares.

Select Medical Holdings Corporation (NYSE:SEM) Ratings Coverage

Ratings analysis reveals 60% of Select Medical’s analysts are positive. Out of 5 Wall Street analysts rating Select Medical, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $19.0 while the high is $26.0. The stock’s average target of $21 is 13.51% above today’s ($18.5) share price. SEM was included in 5 notes of analysts from January 4, 2018. As per Thursday, January 4, the company rating was upgraded by Bank of America. As per Monday, February 26, the company rating was maintained by RBC Capital Markets. The rating was upgraded by JMP Securities to “Market Perform” on Tuesday, February 27. The stock of Select Medical Holdings Corporation (NYSE:SEM) has “Buy” rating given on Thursday, February 22 by Robert W. Baird.

More recent Select Medical Holdings Corporation (NYSE:SEM) news were published by: Seekingalpha.com which released: “Select Medical Holdings’ (SEM) CEO Robert Ortenzio on Q1 2018 Results – Earnings Call Transcript” on May 04, 2018. Also Streetinsider.com published the news titled: “Select Medical Holdings (SEM) Misses Q1 EPS by 5c, Miss on Revenues; Offers FY18 EPS Outlook Below Consensus” on May 03, 2018. Globenewswire.com‘s news article titled: “Detailed Research: Economic Perspectives on Voya Financial, Dominion Energy, Incyte, MeetMe, Ventas, and Select …” with publication date: May 10, 2018 was also an interesting one.

Select Medical Holdings Corporation (NYSE:SEM) Institutional Positions Chart

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