Surgery Partners, Inc. (SGRY)Healthcare | Medical Care Facilities | Brentwood, United States | NasdaqGS
14.00 USD
+0.57
(4.244%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 14.00 0.00 (-0.002%) ⇩ (April 17, 2026, 5:48 p.m. EDT) Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 6:40 p.m. EDT
Surgery Partners is currently trapped in a classic 'value trap' sentiment trap, where fundamental deterioration (negative earnings, massive debt load) clashes with a technical bounce. The stock is heavily shorted (22.7% of float) and trading below its 200-day average, but the options market is quietly betting on a squeeze. The short-term rating is elevated because the risk/reward here is skewed to the upside: downside is capped near the $11 support, while the $200M buyback plan and analyst upgrades provide a catalyst for a quick relief rally. However, do not mistake this for a long-term buy; the debt-to-equity ratio of 114% and negative margins are structural red flags that make this a volatile momentum trade, not a core holding. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.119352 |
| MSTL | 0.126894 |
| AutoARIMA | 0.129759 |
| AutoETS | 0.129763 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 8.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.242 |
| Excess Kurtosis | -1.14 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 114.512 |
| Revenue per Share | 26.01 |
| Market Cap | 1,811,877,760 |
| Forward P/E | 36.36 |
| Beta | 1.99 |
| Profit Margins | -2.35% |
| Website | https://www.surgerypartners.com |
As of April 18, 2026, 6:40 p.m. EDT: Options flow reveals a distinct split between short-term bearish protection and longer-term bullish speculation. Near-term (April 17) puts show high Open Interest at $10 and $12.5 strikes, reflecting the immediate fear of the stock hovering near its 52-week low after recent volatility. However, the Call side for May and June shows aggressive accumulation of Out-of-the-Money (OTM) contracts at $15 and $20 strikes, with the June expiration seeing 12.9k OI in OTM calls. The implied volatility on near-term puts (3.38 ATM) is significantly higher than calls (2.27 ATM), indicating a hedged downside view. The massive OI concentration at $15 calls for June suggests speculators are positioning for a bounce toward mean reversion levels ($15–$18), anticipating a move away from the recent lows rather than a breakdown.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.30693072 |
| Address1 | 340 Seven Springs Way |
| Address2 | Suite 600 |
| All Time High | 69.58 |
| All Time Low | 4.0 |
| Ask | 14.02 |
| Ask Size | 1 |
| Audit Risk | 6 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 930,320 |
| Average Daily Volume3 Month | 1,600,750 |
| Average Volume | 1,600,750 |
| Average Volume10Days | 930,320 |
| Beta | 1.994 |
| Bid | 13.96 |
| Bid Size | 1 |
| Board Risk | 5 |
| Book Value | 13.37 |
| City | Brentwood |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 9 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 14.0 |
| Current Ratio | 1.87 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 14.18 |
| Day Low | 13.6 |
| Debt To Equity | 114.512 |
| 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 | 1,777,984,200 |
| Earnings Timestamp Start | 1,777,984,200 |
| Ebitda | 655,500,032 |
| Ebitda Margins | 0.19811001 |
| Enterprise To Ebitda | 11.301 |
| Enterprise To Revenue | 2.239 |
| Enterprise Value | 7,407,562,240 |
| Eps Current Year | 0.19786 |
| Eps Forward | 0.38499 |
| Eps Trailing Twelve Months | -0.61 |
| 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 | 13.5024 |
| Fifty Day Average Change | 0.4975996 |
| Fifty Day Average Change Percent | 0.036852676 |
| Fifty Two Week Change Percent | -30.693071 |
| Fifty Two Week High | 24.18 |
| Fifty Two Week High Change | -10.18 |
| Fifty Two Week High Change Percent | -0.4210091 |
| Fifty Two Week Low | 11.41 |
| Fifty Two Week Low Change | 2.5900002 |
| Fifty Two Week Low Change Percent | 0.22699389 |
| Fifty Two Week Range | 11.41 - 24.18 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,443,619,800,000 |
| Float Shares | 55,537,414 |
| Forward Eps | 0.38499 |
| Forward P E | 36.364582 |
| Free Cashflow | 164,712,496 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 16,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.23121001 |
| Gross Profits | 765,000,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01525 |
| Held Percent Institutions | 1.22154 |
| Implied Shares Outstanding | 129,419,836 |
| 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 | 1,811,877,760 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_35623987 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -77,900,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,811,877,704 |
| Number Of Analyst Opinions | 11 |
| Open | 13.71 |
| Operating Cashflow | 274,300,000 |
| Operating Margins | 0.15085 |
| Overall Risk | 7 |
| Payout Ratio | 0.0 |
| Phone | 615 234 5900 |
| Post Market Change | -0.0020999908 |
| Post Market Change Percent | -0.0149999345 |
| Post Market Price | 13.9979 |
| Post Market Time | 1,776,462,489 |
| Previous Close | 13.43 |
| Price Eps Current Year | 70.7571 |
| Price Hint | 2 |
| Price To Book | 1.0471205 |
| Price To Sales Trailing12 Months | 0.54761016 |
| Profit Margins | -0.023540001 |
| Quick Ratio | 1.368 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.58333 |
| Region | US |
| Regular Market Change | 0.57 |
| Regular Market Change Percent | 4.24423 |
| Regular Market Day High | 14.18 |
| Regular Market Day Low | 13.6 |
| Regular Market Day Range | 13.6 - 14.18 |
| Regular Market Open | 13.71 |
| Regular Market Previous Close | 13.43 |
| Regular Market Price | 14.0 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 1,228,109 |
| Return On Assets | 0.03744 |
| Return On Equity | 0.02762 |
| Revenue Growth | 0.024 |
| Revenue Per Share | 26.01 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 129,419,836 |
| Shares Percent Shares Out | 0.1082 |
| Shares Short | 13,997,600 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 13,812,095 |
| Short Name | Surgery Partners, Inc. |
| Short Percent Of Float | 0.22700001 |
| Short Ratio | 7.57 |
| Source Interval | 15 |
| State | TN |
| Symbol | SGRY |
| Target High Price | 25.0 |
| Target Low Price | 14.0 |
| Target Mean Price | 18.79545 |
| Target Median Price | 18.0 |
| Total Cash | 239,900,000 |
| Total Cash Per Share | 1.871 |
| Total Debt | 4,038,599,936 |
| Total Revenue | 3,308,699,904 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.61 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 18.05795 |
| Two Hundred Day Average Change | -4.057949 |
| Two Hundred Day Average Change Percent | -0.22471815 |
| Type Disp | Equity |
| Volume | 1,228,109 |
| Website | https://www.surgerypartners.com |
| Zip | 37,027 |