Alert: Major Price Advance (5/3/24)-Select Medical Holdings Corp (NYSE: SEM).

Select Medical Holdings Corp (NYSE: SEM) stock enjoyed a major increase of 10.5% on 5/3/24. The shares closed at $31.43. Moreover, exceptionally high trading volume at 385% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 14.7% during the last week.

Current PriceTarget Research Rating

SEM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Select Medical Holdings has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Select Medical Holdings has a slightly negative Appreciation Score of 35 and a neutral Power Rating of 52, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.