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Upturn stock rating
SGRY logo

Surgery Partners Inc (SGRY)

Upturn stock rating
$22.16
Last Close (24-hour delay)
upturn advisory
PASS
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  • SELL Advisory (Loss)
  • Profit
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

10/30/2025: SGRY (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

12 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $30.82

1 Year Target Price $30.82

Analysts Price Target For last 52 week
$30.82 Target price
52w Low $18.87
Current$22.16
52w High $31.89

Analysis of Past Performance

Type Stock
Historic Profit -45.78%
Avg. Invested days 22
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.92B USD
Price to earnings Ratio -
1Y Target Price 30.82
Price to earnings Ratio -
1Y Target Price 30.82
Volume (30-day avg) 12
Beta 1.84
52 Weeks Range 18.87 - 31.89
Updated Date 10/30/2025
52 Weeks Range 18.87 - 31.89
Updated Date 10/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.43

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -5.57%
Operating Margin (TTM) 14.68%

Management Effectiveness

Return on Assets (TTM) 3.92%
Return on Equity (TTM) 0.12%

Valuation

Trailing PE -
Forward PE 21.88
Enterprise Value 6346439492
Price to Sales(TTM) 0.9
Enterprise Value 6346439492
Price to Sales(TTM) 0.9
Enterprise Value to Revenue 1.96
Enterprise Value to EBITDA 12.15
Shares Outstanding 128209410
Shares Floating 68521191
Shares Outstanding 128209410
Shares Floating 68521191
Percent Insiders 1.45
Percent Institutions 114.22

ai summary icon Upturn AI SWOT

Surgery Partners Inc

stock logo

Company Overview

overview logo History and Background

Surgery Partners, Inc. was founded in 2004. It has grown through acquisitions and organic expansion, focusing on ambulatory surgery centers (ASCs) and surgical hospitals.

business area logo Core Business Areas

  • Ambulatory Surgery Centers (ASCs): The company owns and operates a network of ASCs that provide a range of surgical and related medical services.
  • Surgical Hospitals: Surgery Partners also owns and operates surgical hospitals, offering more complex surgical procedures and inpatient care.
  • Ancillary Services: This segment includes a range of services, such as optical services and physician practices.

leadership logo Leadership and Structure

Wayne DeVeydt serves as the Executive Chairman of the Board. Tom Cowhey is the CEO. The organizational structure is divisional, with leadership overseeing ASC operations, hospital operations, and support functions like finance and marketing.

Top Products and Market Share

overview logo Key Offerings

  • General Surgery: Includes a variety of common surgical procedures performed in ASCs and hospitals. It is difficult to ascertain specific revenue for this broad category, and market share data is typically segmented by procedure rather than facility type. Competitors include HCA Healthcare, Tenet Healthcare, and other ASC chains and hospital systems.
  • Orthopedic Surgery: Orthopedic procedures, such as joint replacements and arthroscopic surgeries. As with general surgery, specific revenue data is not publicly broken down by this procedure. Key competitors are the same as general surgery as well as specialized orthopedic practices.
  • Ophthalmology: Eye surgeries, including cataract removal and LASIK. Specific revenue is difficult to ascertain, but represents a significant portion of ASC revenue. Key competitors include national chains and local ophthalmology practices.

Market Dynamics

industry overview logo Industry Overview

The healthcare industry is characterized by rising costs, technological advancements, and increasing demand for outpatient surgical services. The shift towards value-based care and improved patient outcomes is driving consolidation and innovation.

Positioning

Surgery Partners is positioned as a leading provider of outpatient surgical services, focusing on strategic partnerships with physicians and health systems. They focus on quality outcomes and efficiency within their facilities.

Total Addressable Market (TAM)

The total addressable market for outpatient surgical services is estimated to be hundreds of billions of dollars annually in the US. Surgery Partners is positioned to capture a portion of this market by expanding its network and enhancing its service offerings.

Upturn SWOT Analysis

Strengths

  • Established network of ASCs and hospitals
  • Strategic partnerships with physicians
  • Focus on high-acuity surgical procedures
  • Strong financial performance in recent years

Weaknesses

  • High debt levels
  • Dependence on physician referrals
  • Exposure to reimbursement changes
  • Regulatory compliance risks

Opportunities

  • Acquisitions of additional ASCs and hospitals
  • Expansion into new geographic markets
  • Increased demand for outpatient surgical services
  • Development of new service lines

Threats

  • Increased competition from other ASC chains and hospitals
  • Changes in healthcare regulations and reimbursement rates
  • Economic downturn impacting patient volumes
  • Rising operating costs

Competitors and Market Share

competitor logo Key Competitors

  • HCA (HCA)
  • Tenet Healthcare (THC)
  • AmSurg (not publicly traded but previously AMSGAQ)

Competitive Landscape

Surgery Partners competes with large hospital systems, other ASC chains, and independent physician practices. Its competitive advantages include its established network, strategic partnerships, and focus on high-acuity procedures. However, its high debt levels and dependence on physician referrals are potential disadvantages.

Major Acquisitions

Airmid Health Group

  • Year: 2023
  • Acquisition Price (USD millions): 270
  • Strategic Rationale: Expanded existing surgical capabilities and added new ones.

ASC of Manhattan

  • Year: 2022
  • Acquisition Price (USD millions): 20.3
  • Strategic Rationale: Expanded Surgical services for New York population.

Growth Trajectory and Initiatives

Historical Growth: Surgery Partners has grown both organically and through acquisitions. Revenue and adjusted EBITDA have increased substantially over the past decade.

Future Projections: Analysts project continued revenue growth driven by acquisitions and organic expansion. Profitability is expected to improve as the company integrates acquisitions and realizes cost synergies.

Recent Initiatives: Recent initiatives include acquiring new ASCs and hospitals, expanding service lines, and investing in technology to improve operational efficiency.

Summary

Surgery Partners is a growing healthcare company focused on outpatient surgical services. It possesses a strong network of ASCs and hospitals and benefits from increasing demand for outpatient procedures. However, the company's high debt levels and the competitive landscape pose challenges. Successfully integrating acquisitions and managing reimbursement pressures will be key to future success.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Industry reports
  • Analyst estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share estimates are approximate and may vary based on data sources. Financial data and projections are subject to change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Surgery Partners Inc

Exchange NASDAQ
Headquaters Brentwood, TN, United States
IPO Launch date 2015-10-01
CEO & Director Mr. J. Eric Evans
Sector Healthcare
Industry Medical Care Facilities
Full time employees 15000
Full time employees 15000

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; and ancillary services, such as 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.