Added to YB: 2024-12-19
Pitch date: 2024-11-03
SEM [bullish]
Select Medical Holdings Corporation
-19.26%
current return
Author Info
No bio for this author
Company Info
Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, and outpatient rehabilitation clinics in the United States.
Market Cap
$2.0B
Pitch Price
$19.10
Price Target
29.00 (+88%)
Dividend
1.58%
EV/EBITDA
6.66
P/E
43.78
EV/Sales
0.96
Sector
Health Care Providers and Services
Category
special_situation
Select Medical Holdings Corporation - $SEM
SEM stub: Long SEM, short 0.8 CON shares. ~7x EV/2025E EBITDA, low-teens FCF yield. 49% upside to 9.5x in 12mo. CON spinoff by year-end. LTAC weighs on multiple. PT clinics (26% rev) high-value. Risks: Medicare changes, wage inflation, leverage. Catalyst: CON spinoff.
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