Impact of Brokerage Rating on Surgical Care Affiliates, Inc.(SCAI)

Many Surgical Care Affiliates, Inc.(SCAI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Surgical Care Affiliates Inc was Downgraded by SunTrust to Hold on Jan 11, 2017. Surgical Care Affiliates Inc was Initiated by Citigroup to Neutral on Jan 4, 2017.

Company has reported several Insider transactions to the SEC, on Feb 14, 2017, Andrew P Hayek (Chief Executive Officer) sold 3,124 shares at 56.47 per share price.On Sep 8, 2016, Michael A. Rucker (Chief Operating Officer) sold 17,500 shares at 42.56 per share price.On Feb 26, 2016, Thomas C Geiser (director) sold 11,256 shares at 41.07 per share price.

Surgical Care Affiliates Inc Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.41 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $0.46. The company had revenue of $322.80 million for the quarter, compared to analysts expectations of $307.98 million. The companys revenue was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Surgical Care Affiliates, Inc. (NASDAQ:SCAI) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.2 by 5 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Surgical Care Affiliates, Inc. (NASDAQ:SCAI): 4 analysts have set the short term price target of Surgical Care Affiliates, Inc. (NASDAQ:SCAI) at $54.5. The standard deviation of short term price target has been estimated at $4.43, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 59 and $49 respectively.

Tuesdays trading session turned out to be a no-profit no-loss event for Surgical Care Affiliates, Inc. (NASDAQ:SCAI). The opening trade occurred at $56.52 and the highest and the lowest points of the day were $56.53 and $56.44 respectively. The final trade was registered at $56.48 and the volume by the end of the day had touched 692,420 shares. The 52-week high of the stock is $57.44 and the 52-week low is $37.51. According to the current valuation, the market cap of the company is $2,287 million and the total number of shares available in public circulation is 40,499,340.

Surgical Care Affiliates Inc. operates surgical facilities, including surgery centers, surgical hospitals, and hospital surgery departments. It serves customers throughout the United States. Surgical Care Affiliates Inc. is based in United States.


Share this post

Leave a Reply