Analysts Set Select Medical Holdings Corporation (NYSE:SEM) Price Target at $17.80

Shares of Select Medical Holdings Corporation (NYSE:SEM) have received a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $17.80.

SEM has been the subject of several research reports. Mizuho set a $17.00 price target on Select Medical in a report on Monday, November 3rd. Benchmark reiterated a “buy” rating on shares of Select Medical in a research note on Monday, October 27th. Weiss Ratings restated a “sell (d+)” rating on shares of Select Medical in a research note on Wednesday, January 21st. Finally, Wall Street Zen raised shares of Select Medical from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th.

Select Medical Price Performance

Shares of NYSE:SEM opened at $16.38 on Tuesday. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 19.05, a P/E/G ratio of 0.57 and a beta of 1.25. Select Medical has a 1 year low of $11.65 and a 1 year high of $19.54. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.87. The business has a fifty day simple moving average of $15.25 and a 200 day simple moving average of $13.98.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Select Medical by 889.7% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 64,094 shares of the health services provider’s stock worth $823,000 after purchasing an additional 57,618 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Select Medical during the second quarter worth about $1,319,000. KLP Kapitalforvaltning AS boosted its holdings in Select Medical by 15.9% during the second quarter. KLP Kapitalforvaltning AS now owns 24,000 shares of the health services provider’s stock valued at $364,000 after purchasing an additional 3,300 shares in the last quarter. Econ Financial Services Corp bought a new stake in shares of Select Medical in the 2nd quarter valued at approximately $822,000. Finally, State of New Jersey Common Pension Fund D raised its holdings in shares of Select Medical by 24.5% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 129,982 shares of the health services provider’s stock worth $1,973,000 after buying an additional 25,583 shares in the last quarter. 89.48% of the stock is owned by institutional investors.

About Select Medical

Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.

Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.