Surgery Partners Inc (NASDAQ: SGRY) stock enjoyed a major increase of 17.6% on 8/23/24. The shares closed at $33.69. Moreover, exceptionally high trading volume at 421% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 12.4% during the last week.
Current PriceTarget Research Rating
With future capital returns 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 inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Surgery Partners has a neutral Appreciation Score of 53 but a poor Power Rating of 24, triggering the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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