We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's How Much a $1000 Investment in Select Medical Made 10 Years Ago Would Be Worth Today
Read MoreHide Full Article
How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.
FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks.
What if you'd invested in Select Medical (SEM - Free Report) ten years ago? It may not have been easy to hold on to SEM for all that time, but if you did, how much would your investment be worth today?
Select Medical's Business In-Depth
With that in mind, let's take a look at Select Medical's main business drivers.
Select Medical is a healthcare company with approximately 36,050 employees throughout the United States. It owns long term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics.
As of Dec 31, 2020, Select Medical operated 99 critical illness recovery hospitals in 28 states, 30 rehabilitation hospitals in 12 states, and 1,788 outpatient rehabilitation clinics in 37 states and the District of Columbia. Select Medical’s joint venture subsidiary, Concentra operated 517 occupational health centers in 41 states. At Dec 31, 2020, Select Medical had operations in 46 states and the District of Columbia.
The company’s reportable segments include:
Critical Illness Recovery Hospital – (34% of net operating revenues in 2020) consists of hospitals designed to serve the needs of patients recovering from critical illnesses, often with complex medical needs.
Rehabilitation Hospital – (12%) consists of hospitals designed to serve patients that require intensive physical rehabilitation care. Patients are typically admitted to critical illness recovery hospitals and rehabilitation hospitals from general acute care hospitals. As of Dec 31, 2019, the company operated 29 rehabilitation hospitals in 12 states.
Outpatient Rehabilitation – (19%) consists of clinics that provide physical, occupational, and speech rehabilitation services.
Concentra – (35%) provides occupational health services in UnitedStates. On Dec 31, 2020, Select Medical acquired approximately 11.1% of the outstanding membership interests of Concentra Group Holdings Parent. Following this purchase, Select Medical owns approximately 78.0% of the outstanding membership interests of Concentra Group Holdings Parent,
Bottom Line
Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Select Medical a decade ago, you're probably feeling pretty good about your investment today.
A $1000 investment made in March 2011 would be worth $4,316.79, or a 331.68% gain, as of March 26, 2021, according to our calculations. Investors should note that this return excludes dividends but includes price increases.
Compare this to the S&P 500's rally of 197.57% and gold's return of 16.17% over the same time frame.
Analysts are anticipating more upside for SEM.
Shares of Select Medical have outperformed the industry in a year's time. The company’s revenue growth is impressive. The company’s acquisition strategy is aiding organic growth. A geographically diversified portfolio of facilities in the United States enables it to pursue multiple potential buyout opportunities. Also, the company is well poised to capitalize on consolidation opportunities within each of the business segments, which operate in a highly fragmented market and selectively boost the company’s internal growth. Select Medical’s earnings of 57 cents per share beat the Zacks Consensus Estimate by 137.5% and soared 84% year over year on the back of improved revenues. However, high debt in the capital structure is a concern for the company. Its lower return on equity than the industry is concerning.
The stock is up 26.98% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 2 higher, for fiscal 2021. The consensus estimate has moved up as well.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's How Much a $1000 Investment in Select Medical Made 10 Years Ago Would Be Worth Today
How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.
FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and popular consumer-facing stocks.
What if you'd invested in Select Medical (SEM - Free Report) ten years ago? It may not have been easy to hold on to SEM for all that time, but if you did, how much would your investment be worth today?
Select Medical's Business In-Depth
With that in mind, let's take a look at Select Medical's main business drivers.
Select Medical is a healthcare company with approximately 36,050 employees throughout the United States. It owns long term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics.
As of Dec 31, 2020, Select Medical operated 99 critical illness recovery hospitals in 28 states, 30 rehabilitation hospitals in 12 states, and 1,788 outpatient rehabilitation clinics in 37 states and the District of Columbia. Select Medical’s joint venture subsidiary, Concentra operated 517 occupational health centers in 41 states. At Dec 31, 2020, Select Medical had operations in 46 states and the District of Columbia.
The company’s reportable segments include:
Critical Illness Recovery Hospital – (34% of net operating revenues in 2020) consists of hospitals designed to serve the needs of patients recovering from critical illnesses, often with complex medical needs.
Rehabilitation Hospital – (12%) consists of hospitals designed to serve patients that require intensive physical rehabilitation care. Patients are typically admitted to critical illness recovery hospitals and rehabilitation hospitals from general acute care hospitals. As of Dec 31, 2019, the company operated 29 rehabilitation hospitals in 12 states.
Outpatient Rehabilitation – (19%) consists of clinics that provide physical, occupational, and speech rehabilitation services.
Concentra – (35%) provides occupational health services in UnitedStates. On Dec 31, 2020, Select Medical acquired approximately 11.1% of the outstanding membership interests of Concentra Group Holdings Parent. Following this purchase, Select Medical owns approximately 78.0% of the outstanding membership interests of Concentra Group Holdings Parent,
Bottom Line
Anyone can invest, but building a successful investment portfolio takes a combination of a few things: research, patience, and a little bit of risk. So, if you had invested in Select Medical a decade ago, you're probably feeling pretty good about your investment today.
A $1000 investment made in March 2011 would be worth $4,316.79, or a 331.68% gain, as of March 26, 2021, according to our calculations. Investors should note that this return excludes dividends but includes price increases.
Compare this to the S&P 500's rally of 197.57% and gold's return of 16.17% over the same time frame.
Analysts are anticipating more upside for SEM.
Shares of Select Medical have outperformed the industry in a year's time. The company’s revenue growth is impressive. The company’s acquisition strategy is aiding organic growth. A geographically diversified portfolio of facilities in the United States enables it to pursue multiple potential buyout opportunities. Also, the company is well poised to capitalize on consolidation opportunities within each of the business segments, which operate in a highly fragmented market and selectively boost the company’s internal growth. Select Medical’s earnings of 57 cents per share beat the Zacks Consensus Estimate by 137.5% and soared 84% year over year on the back of improved revenues. However, high debt in the capital structure is a concern for the company. Its lower return on equity than the industry is concerning.
The stock is up 26.98% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 2 higher, for fiscal 2021. The consensus estimate has moved up as well.