TD Cowen analyst Ryan Langston maintains $Surgery Partners (SGRY.US)$ with a buy rating, and maintains the target price at $32.
According to TipRanks data, the analyst has a success rate of 44.1% and a total average return of -0.3% 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 operating environment for Surgery Partners continues to be advantageous, yet individual challenges are perceived to modestly prolong the timeline for the company to see an increase in free cash flow following the Q3 report.
Surgery Partners' recent financial performance met expectations, and the company maintained its revenue and adjusted EBITDA forecast. The projection for free cash flow was moderated in light of increased transactional expenditures among other factors. It was observed that while case volume was the main driver of organic revenue growth, revenue rate faced a mix shift impact yet has still retained a strong performance on a year-to-date basis.
Note:
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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.
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