SEM Stock Summary and Trading Ideas (Select Medical Hldgs | NYSE:SEM)

Select Medical Holdings Corp is a healthcare company that operates through four main segments: critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and Concentra institutions. Critical illness recovery hospitals and rehabilitation centres are designed for patients requiring extended recovery time with medical services. These two sectors combined compose roughly half of the total revenue and include over 103 critical illness recovery hospitals and inpatient rehab facilities. The outpatient rehabilitation segment includes over 1,928 rehabilitation clinics. The Concentra segment includes over 540 occupational health centers and 147 onsite clinics. The company is headquartered in Pennsylvania, and it operates across the United States.

Select Medical Hldgs trades on the NYSE stock market under the symbol SEM.

As of April 23, 2024, SEM stock price climbed to $28.17 with 303,272 million shares trading.

SEM has a beta of 0.63, meaning it tends to be less sensitive to market movements. SEM has a correlation of 0.06 to the broad based SPY ETF.

SEM has a market cap of $3.62 billion. This is considered a Mid Cap stock.

Last quarter Select Medical Hldgs reported $2 billion in Revenue and $.36 earnings per share. This beat revenue expectation by $19 million and exceeded earnings estimates by $.01.

In the last 3 years, SEM stock traded as high as $43.60 and as low as $18.86.

The top ETF exchange traded funds that SEM belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

SEM has underperformed the market in the last year with a price return of -1.1% while the SPY ETF gained +24.3%. However, in the short term, SEM had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.9% vs +4.6% return in SPY. But in the last 2 weeks, SEM shares have been beat by the market, returning -3.7% compared to an SPY return of -2.6%.

SEM support price is $26.83 and resistance is $27.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SEM stock will trade within this expected range on the day.