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Can Select Medical (SEM) Stock Continue to Grow Earnings?

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Zacks Equity Research
·2 min read
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Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, they can also lead on the downside when the growth story is over, so it is important to find companies which are still seeing strong growth prospects in their businesses.

One such company that might be well-positioned for future earnings growth is Select Medical Holdings Corporation SEM. This firm, which is in the Medical - HMOs industry, saw EPS growth of 52.4% last year, and is looking great for this year too.

In fact, the current growth estimate for this year calls for earnings-per-share growth of 17.7%. Furthermore, the long-term growth rate is currently an impressive 15%, suggesting pretty good prospects for the long haul.

Select Medical Holdings Corporation Price and Consensus

Select Medical Holdings Corporation Price and Consensus
Select Medical Holdings Corporation Price and Consensus

Select Medical Holdings Corporation price-consensus-chart | Select Medical Holdings Corporation Quote

And if this wasn’t enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 42%. Thanks to this rise in earnings estimates, SEM has a Zacks Rank #1 (Strong Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today’s Zacks #1 Rank stocks here.

So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider SEM. Not only does it have double-digit earnings growth prospects, but its impressive Zacks Rank suggests that analysts believe better days are ahead for SEM as well.

Zacks Names “Single Best Pick to Double”

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You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

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