Surgery Partners, Inc. (SGRY)Healthcare | Medical Care Facilities | Brentwood, United States | NasdaqGS
14.69 USD
-0.08
(-0.542%) ⇩
(Oct. 16, 2026, 1 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 11:29 a.m. EDT
The investment case for Surgery Partners is currently fractured by severe fundamental deterioration and a lack of shareholder returns. The company is trading at a loss with negative profit margins and a forward P/E that implies a turnaround is priced in, yet the balance sheet remains precarious with debt significantly outweighing equity. While the stock has recently rallied on news of asset sales and a potential shift toward higher-acuity procedures, the price action over the last two months shows a distinct failure to hold gains, trading well below both its 50-day and 200-day moving averages. This technical weakness aligns with the options data, which reveals a market focused on buying insurance against further declines rather than betting on a recovery. Without a proven track record of sustained profitability or a clear path to deleveraging, the risk-reward profile remains skewed heavily against the buyer. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.061784 |
| MSTL | 0.075275 |
| AutoETS | 0.078459 |
| AutoARIMA | 0.078461 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 4.66 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.262 |
| Excess Kurtosis | -0.55 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 117.259 |
| Revenue per Share | 26.276 |
| Market Cap | 1,923,189,120 |
| Forward P/E | 52.46 |
| Beta | 1.91 |
| Profit Margins | -2.63% |
| Website | https://www.surgerypartners.com |
As of Oct. 10, 2026, 11:29 a.m. EDT: Speculators are positioning defensively with heavy put volume at strikes below the current price (10.0 and 12.5), particularly for the December expiration where new flow suggests aggressive hedging against downside. Conversely, call interest is concentrated at out-of-the-money strikes (17.5 and 20.0) with very low open interest relative to volume, indicating speculative bets on a rebound rather than established bullish conviction. The implied volatility skew favors downside protection.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.2826615 |
| Address1 | 340 Seven Springs Way |
| Address2 | Suite 600 |
| All Time High | 69.58 |
| All Time Low | 4.0 |
| Ask | 18.94 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 1,377,670 |
| Average Daily Volume3 Month | 2,155,095 |
| Average Volume | 2,155,095 |
| Average Volume10Days | 1,377,670 |
| Beta | 1.907 |
| Bid | 10.64 |
| Bid Size | 2 |
| Board Risk | 5 |
| Book Value | 12.883 |
| City | Brentwood |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 14.69 |
| Current Ratio | 1.946 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 14.89 |
| Day Low | 14.67 |
| Debt To Equity | 117.259 |
| Display Name | Surgery Partners |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,365,000 |
| Earnings Call Timestamp Start | 1,786,365,000 |
| Earnings Timestamp | 1,786,365,000 |
| Earnings Timestamp End | 1,794,227,400 |
| Earnings Timestamp Start | 1,794,227,400 |
| Ebitda | 646,400,000 |
| Ebitda Margins | 0.19202 |
| Enterprise To Ebitda | 11.701 |
| Enterprise To Revenue | 2.247 |
| Enterprise Value | 7,563,816,960 |
| Eps Current Year | 0.35 |
| Eps Forward | 0.28 |
| Eps Trailing Twelve Months | -0.69 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 615 234 5998 |
| Fifty Day Average | 14.2294 |
| Fifty Day Average Change | 0.4605999 |
| Fifty Day Average Change Percent | 0.032369595 |
| Fifty Two Week Change Percent | -28.26615 |
| Fifty Two Week High | 23.44 |
| Fifty Two Week High Change | -8.750001 |
| Fifty Two Week High Change Percent | -0.37329355 |
| Fifty Two Week Low | 11.41 |
| Fifty Two Week Low Change | 3.2799997 |
| Fifty Two Week Low Change Percent | 0.28746712 |
| Fifty Two Week Range | 11.41 - 23.44 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,443,619,800,000 |
| Float Shares | 58,750,853 |
| Forward Eps | 0.28 |
| Forward P E | 52.464283 |
| Free Cashflow | 183,562,496 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 16,000 |
| Fullday Change | -0.08000088 |
| Fullday Change Percent | -0.5416444 |
| Fullday Price | 14.69 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.22514 |
| Gross Profits | 757,900,032 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01796 |
| Held Percent Institutions | 1.26627 |
| Implied Shares Outstanding | 130,918,260 |
| Industry | Medical Care Facilities |
| Industry Disp | Medical Care Facilities |
| Industry Key | medical-care-facilities |
| Is Earnings Date Estimate | 0 |
| 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 | 1,923,189,120 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_35623987 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -88,600,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,906,169,865 |
| Number Of Analyst Opinions | 11 |
| Open | 14.86 |
| Operating Cashflow | 258,000,000 |
| Operating Margins | 0.13724 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Phone | 615 234 5900 |
| Previous Close | 14.77 |
| Price Eps Current Year | 41.971428 |
| Price Hint | 2 |
| Price To Book | 1.1402622 |
| Price To Sales Trailing12 Months | 0.5713065 |
| Profit Margins | -0.02632 |
| Quick Ratio | 1.44 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.58333 |
| Region | US |
| Regular Market Change | -0.08000088 |
| Regular Market Change Percent | -0.5416444 |
| Regular Market Day High | 14.89 |
| Regular Market Day Low | 14.67 |
| Regular Market Day Range | 14.67 - 14.89 |
| Regular Market Open | 14.86 |
| Regular Market Previous Close | 14.77 |
| Regular Market Price | 14.69 |
| Regular Market Time | 1,792,170,055 |
| Regular Market Volume | 348,087 |
| Return On Assets | 0.03665 |
| Return On Equity | 0.023239998 |
| Revenue Growth | 0.027 |
| Revenue Per Share | 26.276 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 130,918,260 |
| Shares Percent Shares Out | 0.1096 |
| Shares Short | 14,349,417 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 12,954,515 |
| Short Name | Surgery Partners, Inc. |
| Short Percent Of Float | 0.2172 |
| Short Ratio | 5.68 |
| Source Interval | 15 |
| State | TN |
| Symbol | SGRY |
| Target High Price | 24.0 |
| Target Low Price | 14.0 |
| Target Mean Price | 18.81818 |
| Target Median Price | 19.0 |
| Total Cash | 216,700,000 |
| Total Cash Per Share | 1.671 |
| Total Debt | 4,067,000,064 |
| Total Revenue | 3,366,299,904 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.69 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 14.44925 |
| Two Hundred Day Average Change | 0.24074936 |
| Two Hundred Day Average Change Percent | 0.01666172 |
| Type Disp | Equity |
| Volume | 348,087 |
| Website | https://www.surgerypartners.com |
| Zip | 37,027 |