Select Medical (NYSE:SEM) Lowered to “Hold” Rating by Mizuho

Select Medical (NYSE:SEM) was downgraded by Mizuho from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other analysts have also recently weighed in on SEM. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $16.50 price target (down from $19.00) on shares of Select Medical in a report on Tuesday, March 3rd. Benchmark cut shares of Select Medical from a “buy” rating to a “hold” rating in a report on Wednesday, March 4th. Weiss Ratings upgraded shares of Select Medical from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 20th. Wall Street Zen cut shares of Select Medical from a “buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, Zacks Research upgraded shares of Select Medical from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. One analyst has rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Select Medical has a consensus rating of “Hold” and a consensus target price of $15.50.

Select Medical Stock Up 0.2%

Shares of NYSE SEM opened at $16.48 on Tuesday. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 15.54, a PEG ratio of 0.94 and a beta of 1.02. The firm’s fifty day moving average is $16.35 and its 200 day moving average is $15.37. Select Medical has a 52 week low of $11.65 and a 52 week high of $16.99. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.88.

Select Medical (NYSE:SEM) last released its quarterly earnings results on Thursday, April 30th. The health services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.07). The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. Select Medical had a net margin of 2.42% and a return on equity of 6.62%. The business’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 EPS. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. On average, equities research analysts expect that Select Medical will post 1.27 earnings per share for the current year.

Select Medical announced that its Board of Directors has approved a share buyback plan on Thursday, February 19th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the health services provider to reacquire up to 49.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Institutional Trading of Select Medical

A number of hedge funds have recently modified their holdings of the business. Smartleaf Asset Management LLC boosted its holdings in shares of Select Medical by 37.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,870 shares of the health services provider’s stock valued at $43,000 after buying an additional 788 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in shares of Select Medical by 1.5% during the 4th quarter. State of Alaska Department of Revenue now owns 63,370 shares of the health services provider’s stock valued at $940,000 after buying an additional 935 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in shares of Select Medical by 20.9% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 5,784 shares of the health services provider’s stock valued at $74,000 after buying an additional 999 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Select Medical by 9.7% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 11,475 shares of the health services provider’s stock valued at $171,000 after buying an additional 1,014 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its holdings in shares of Select Medical by 5.1% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 24,816 shares of the health services provider’s stock valued at $319,000 after buying an additional 1,200 shares in the last quarter. Institutional investors own 89.48% of the company’s stock.

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.