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Select Medical Holdings Corp (NYSE:SEM) stock has reached a 52-week low, touching a price of $14.0, down significantly from its peak of $40.98. According to InvestingPro analysis, the company maintains a GOOD financial health score despite the stock’s -33.14% one-year decline. Notably, InvestingPro’s Fair Value analysis suggests the stock is currently undervalued. The decline reflects broader trends in the healthcare sector and investor sentiment, as market conditions have exerted downward pressure on the stock. The 52-week low is a critical point for investors, with analyst targets ranging from $15 to $25. InvestingPro has identified several promising indicators, including expected net income growth and strong free cash flow yield. Discover more insights with InvestingPro’s comprehensive analysis of over 1,400 US stocks.
In other recent news, Select Medical (TASE:BLWV) Holdings reported weaker-than-expected results in its Long-Term Acute Care Hospital segment for the first quarter, primarily due to regulatory changes. The company faced challenges from a significant rise in the high-cost outlier threshold and the implementation of the 20% transmittal rule. Despite these difficulties, Select Medical noted improvements in LTACH performance toward the end of the quarter, with expectations that the impact of regulatory changes will lessen as the year progresses. Additionally, Select Medical announced a partnership with Ballad Health to jointly operate Select Specialty Hospital – Tri-Cities, a critical illness recovery hospital in Kingsport, Tennessee. Under the agreement, Select Medical will be the majority owner and managing partner of the 46-bed facility. UBS has maintained a Neutral rating on Select Medical stock, with a revised price target of $15, citing regulatory challenges. Meanwhile, Benchmark has reiterated its Buy rating, though it lowered the price target to $21, highlighting growth drivers discussed with Select Medical’s CFO and Treasurer. The company continues to focus on expanding its inpatient rehabilitation facilities, reporting occupancy rates around 85% for mature facilities.
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