Alert: Major Price Decline (8/2/24)-Select Medical Holdings Corp (NYSE: SEM).

On 8/2/24, Select Medical Holdings Corp (NYSE: SEM) stock suffered a major decline of -12.8%, closing at $34.18. Moreover, trading volume in this decline was exceptionally high at 337% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -11.4% 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 (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Select Medical Holdings has a slightly negative Appreciation Score of 32 but a very high Power Rating of 86, resulting in the High Neutral Value Trend Rating.

Rating Review

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