Stock Rating Downgrade
The Value Trend Rating for Surgery Partners Inc (NASDAQ: SGRY) weakened during the last several trading days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Surgery Partners Inc (NASDAQ: SGRY) stock closed at $32.24 on 11/17/23 after a large increase of 4.7%. The stock has risen 25.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SGRY is expected to continue to be a modest Value Builder.
Surgery Partners has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Surgery Partners has a neutral Power Rating of 45 and a slightly negative Appreciation Score of 34, triggering the Negative Value Trend Rating.
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