Jefferies analyst Brian Tanquilut maintains $Surgery Partners (SGRY.US)$ with a buy rating, and maintains the target price at $40.
According to TipRanks data, the analyst has a success rate of 50.6% and a total average return of 3.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Surgery Partners (SGRY.US)$'s main analysts recently are as follows:
The company's operating environment continues to be positive, however, unique challenges have resulted in a slight delay in the expected increase of free cash flow.
The company maintained its revenue and adjusted EBITDA outlook despite reporting a quarter that matched forecasts. The anticipation of free cash flow was moderated owing to increased transaction expenses among other factors. It was observed that case volume was the primary driver of organic revenue expansion, though the rate was influenced by a change in mix, yet it still holds strong on a year-to-date basis.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
