Surgery Partners (SGRY) Soars 15.7%: Is Further Upside Left in the Stock?

Surgery Partners shares jumped 15.7% following the announcement of completing the sale of its Idaho Falls facilities to Intermountain Health for $797 million in gross proceeds. The company's consensus EPS estimate for the upcoming quarter was revised 40% higher over the last 30 days, though earnings are expected to decline 30.8% year-over-year while revenues are projected to grow 4.3%. The stock currently holds a Zacks Rank #3 (Hold) rating.