Pediatrix Medical Group with ticker code (MD) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 30 and 14 calculating the mean target price we have 21.5. Given that the stocks previous close was at 22.84 this would imply there is a potential downside of -5.9%. The 50 day MA is 20.75 and the 200 day moving average is 23.71. The market cap for the company is $1,985m. Company Website: https://www.mednax.com
The potential market cap would be $1,869m based on the market concensus.
Pediatrix Medical Group, together with its subsidiaries, provides newborn, maternal-fetal, pediatric cardiology, and other pediatric subspecialty care services in the United States and Puerto Rico. It offers neonatal care services, such as clinical care to babies born prematurely or with complications within specific units at hospitals through neonatal physician subspecialists, neonatal nurse practitioners, and other pediatric clinicians. The company also provides maternal-fetal care services, including inpatient and office-based clinical care to expectant mothers and unborn babies through affiliated maternal-fetal medicine subspecialists, as well as obstetricians and other clinicians, including maternal-fetal nurse practitioners, certified nurse mid-wives, ultrasonographers, and genetic counselors. In addition, it offers pediatric cardiology care services comprising inpatient and office-based pediatric cardiology care of the fetus, infant, child, and adolescent patient with congenital heart defects and acquired heart disease, as well as adults with congenital heart defects through affiliated pediatric cardiologist subspecialists and other related clinical professionals; and specialized cardiac care to the fetus, neonatal and pediatric patients. Further, the company provides other pediatric subspecialty care services through pediatric subspecialists, such as pediatric intensivists, pediatric hospitalists, pediatric surgeons, and pediatric ophthalmologists, as well as pediatric ear, nose, and throat physicians; and support services in the areas of hospitals, primarily in the pediatric emergency rooms, labor and delivery areas, and nursery and pediatric departments. As of February 17, 2022, it operated a network of approximately 2,700 physicians. The company was formerly known as MEDNAX and changed its name to Pediatrix Medical Group in July 2022. Pediatrix Medical Group was founded in 1979 and is based in Sunrise, Florida.
