Surgery Partners, Inc. (SGRY)Healthcare | Medical Care Facilities | Brentwood, United States | NasdaqGS
15.98 USD
-0.42
(-2.561%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:56 a.m. EDT
Surgery Partners presents a classic value trap scenario where the balance sheet is fragile despite the attractive price-to-book ratio. While the company trades at a discount to book value ($16.40 vs $13.03 book), the debt-to-equity ratio of 116% and negative trailing earnings paint a picture of a business under severe financial stress. The recent price action shows a modest recovery from the yearly lows, climbing from roughly $14.50 to $16.40 over the last two weeks, which offers a small technical bounce, but this momentum is insufficient to overcome the fundamental deterioration. The multi-year trajectory confirms this struggle, with the stock down significantly from its 2021 peak and facing two consecutive years of negative annual returns. With no dividend to provide income and a high beta amplifying volatility, the risk-reward profile is skewed heavily toward the downside. The options market agrees with this caution, with traders placing heavy hedges at lower price levels. Until the balance sheet is repaired and profitability is restored, this remains a hold-avoid position. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.049253 |
| AutoETS | 0.049254 |
| MSTL | 0.049287 |
| AutoTheta | 0.053875 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 15.26 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.004 |
| Excess Kurtosis | 0.71 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 116.006 |
| Revenue per Share | 26.193 |
| Market Cap | 2,089,994,752 |
| Forward P/E | 24.43 |
| Beta | 1.89 |
| Profit Margins | -2.28% |
| Website | https://www.surgerypartners.com |
As of July 11, 2026, 5:56 a.m. EDT: Speculators are positioning for a range-bound or slightly lower scenario in the near term. The July expiration shows heavy open interest in the money (ITM) calls relative to out-of-the-money (OTM) volume, suggesting a belief that the stock will stay above current levels rather than surge. However, the September and December expirations reveal massive open interest in OTM puts (deep ITM strikes like 10.0 and 12.5), indicating a significant hedge against a drop to the $10–$12 range. Long-dated OTM calls (Jan 2027) show some speculative upside bias at the $25 strike, but the immediate options flow is dominated by defensive put buying and ATM anchoring, reflecting uncertainty rather than a clear directional breakout.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.27013797 |
| Address1 | 340 Seven Springs Way |
| Address2 | Suite 600 |
| All Time High | 69.58 |
| All Time Low | 4.0 |
| Ask | 20.68 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 1,412,510 |
| Average Daily Volume3 Month | 1,408,929 |
| Average Volume | 1,408,929 |
| Average Volume10Days | 1,412,510 |
| Beta | 1.892 |
| Bid | 11.81 |
| Bid Size | 2 |
| Board Risk | 6 |
| Book Value | 13.026 |
| City | Brentwood |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 15.98 |
| Current Ratio | 1.861 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 16.725 |
| Day Low | 15.97 |
| Debt To Equity | 116.006 |
| Display Name | Surgery Partners |
| Earnings Call Timestamp End | 1,777,984,200 |
| Earnings Call Timestamp Start | 1,777,984,200 |
| Earnings Timestamp | 1,777,984,200 |
| Earnings Timestamp End | 1,785,846,600 |
| Earnings Timestamp Start | 1,785,846,600 |
| Ebitda | 652,200,000 |
| Ebitda Margins | 0.19506 |
| Enterprise To Ebitda | 11.837 |
| Enterprise To Revenue | 2.309 |
| Enterprise Value | 7,720,186,880 |
| Eps Current Year | 0.44686 |
| Eps Forward | 0.65419 |
| Eps Trailing Twelve Months | -0.59 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 615 234 5998 |
| Fifty Day Average | 14.64 |
| Fifty Day Average Change | 1.3399992 |
| Fifty Day Average Change Percent | 0.091529995 |
| Fifty Two Week Change Percent | -27.013796 |
| Fifty Two Week High | 24.1 |
| Fifty Two Week High Change | -8.120001 |
| Fifty Two Week High Change Percent | -0.3369295 |
| Fifty Two Week Low | 11.41 |
| Fifty Two Week Low Change | 4.5699997 |
| Fifty Two Week Low Change Percent | 0.40052584 |
| Fifty Two Week Range | 11.41 - 24.1 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,443,619,800,000 |
| Float Shares | 54,181,249 |
| Forward Eps | 0.65419 |
| Forward P E | 24.427153 |
| Free Cashflow | 199,062,496 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 16,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.22829 |
| Gross Profits | 763,299,968 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01763 |
| Held Percent Institutions | 1.23261 |
| Implied Shares Outstanding | 130,788,162 |
| Industry | Medical Care Facilities |
| Industry Disp | Medical Care Facilities |
| Industry Key | medical-care-facilities |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Surgery Partners, Inc., together with its subsidiaries, owns and operates a network of surgical facilities and ancillary services in the United States. The company provides ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including orthopedics and pain management, ophthalmology, gastroenterology, and general surgery. It offers emergency departments; ancillary services such as physician practices and diagnostic testing; multi-specialty physician practices; urgent care facilities; and anesthesia services. In addition, it offers single- and multi-specialty facilities. Surgery Partners, Inc. was founded in 2004 and is headquartered in Brentwood, Tennessee. |
| Long Name | Surgery Partners, Inc. |
| Market | us_market |
| Market Cap | 2,089,994,752 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_35623987 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -76,100,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,088,686,947 |
| Number Of Analyst Opinions | 11 |
| Open | 16.4 |
| Operating Cashflow | 280,000,000 |
| Operating Margins | 0.10371 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Phone | 615 234 5900 |
| Previous Close | 16.4 |
| Price Eps Current Year | 35.76064 |
| Price Hint | 2 |
| Price To Book | 1.2267772 |
| Price To Sales Trailing12 Months | 0.6250732 |
| Profit Margins | -0.02276 |
| Quick Ratio | 1.351 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.58333 |
| Region | US |
| Regular Market Change | -0.42 |
| Regular Market Change Percent | -2.56098 |
| Regular Market Day High | 16.725 |
| Regular Market Day Low | 15.97 |
| Regular Market Day Range | 15.97 - 16.725 |
| Regular Market Open | 16.4 |
| Regular Market Previous Close | 16.4 |
| Regular Market Price | 15.98 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 1,194,451 |
| Return On Assets | 0.037049998 |
| Return On Equity | 0.027479999 |
| Revenue Growth | 0.045 |
| Revenue Per Share | 26.193 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 130,788,162 |
| Shares Percent Shares Out | 0.115600005 |
| Shares Short | 15,125,552 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 13,719,314 |
| Short Name | Surgery Partners, Inc. |
| Short Percent Of Float | 0.22940001 |
| Short Ratio | 10.79 |
| Source Interval | 15 |
| State | TN |
| Symbol | SGRY |
| Target High Price | 24.0 |
| Target Low Price | 14.0 |
| Target Mean Price | 18.40909 |
| Target Median Price | 18.0 |
| Total Cash | 182,300,000 |
| Total Cash Per Share | 1.407 |
| Total Debt | 4,038,500,096 |
| Total Revenue | 3,343,600,128 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.59 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 15.85325 |
| Two Hundred Day Average Change | 0.12674999 |
| Two Hundred Day Average Change Percent | 0.007995206 |
| Type Disp | Equity |
| Volume | 1,194,451 |
| Website | https://www.surgerypartners.com |
| Zip | 37,027 |