Alert: Rating Upgrade (8/9/24)-Select Medical Holdings Corp (NYSE: SEM).

Stock Rating Upgrade

The Value Trend Rating for Select Medical Holdings Corp (NYSE: SEM) improved recently from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.

Recent Price Action

Select Medical Holdings Corp (NYSE: SEM) stock closed at $32.68 on 8/9/24 after a slight gain of 0.2%. However, trading volume in this advance was below average at 81% of normal. The stock has declined -16.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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 B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Select Medical Holdings has a neutral Appreciation Score of 46 but a very high Power Rating of 92, triggering the Positive Value Trend Rating.