Select Medical Holdings Corporation (NYSE:SEM) registered a -9.78% decrease, still its new closing price is 69.85% up from the company’s 1 year high of 15.15.It posted -14.43% losses in previous 5 sessions and is now the subject of 1 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 1 sells versus 1 buy or better ratings. The 6 stock analysts following this company have an average price target at $12.70, with individual PT in the $10.00-$17.00 range. The shares moved at $12.45, implying that brokerage firms see shares gaining about 30.64% in twelve months time.
Select Medical Holdings Corporation (SEM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -6.04% fall year to date. A President and CEO at Select Medical Holdings Corporation (SEM) offloaded shares in a transaction closed on Friday September 30, 2016. CHERNOW DAVID S sold 50,000 shares in the company at $13.51 each and collected $675,001 in proceeds. CHERNOW DAVID S now owns 799,075 shares in the company after this transaction. A President and CEO in the company, CHERNOW DAVID S, disclosed a transaction on Wednesday September 07, 2016 that ended up generating $1,091,001 from the sale of 90,164 shares at $12.11 per share.
Select Medical Holdings Corporation (NYSE:SEM) Upcoming Results on Tap
Select Medical Holdings Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.28 in that period. Sales during the quarter are predicted to arrive at $1.13 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.05 billion in revenue and EPS of $0.06. The mean forecast was for $1.05 billion and $0.15 a share, respectively. One quarter earlier, revenue for the stock was at $1.1 billion, with earnings at $0.23/share.
Select Medical Holdings Corporation (SEM) Brokerage Update
Select Medical Holdings Corporation (SEM) is in Wells Fargo’s research list so their analyst rating change is noteworthy. These shares were downgraded to Market Perform from Outperform by Wells Fargo, according to news reported on Monday January 30, 2017.Another important research note was issued by JMP Securities on Wednesday September 28, 2016.The firm downgraded SEM to Mkt Underperform from Mkt Perform. Over the last six months and over the last three months, the shares of Select Medical Holdings Corporation (SEM), have changed 8.26% and -1.97%, respectively.