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In the latest session, Concentra Group Holdings Parent Inc (NYSE: CON) closed at $19.28 down -0.98% from its previous closing price of $19.47. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 0.65 million shares were traded. CON stock price reached its highest trading level at $19.625 during the session, while it also had its lowest trading level at $19.265.
Ratios:
For a deeper understanding of Concentra Group Holdings Parent Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 49.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 5.55 whereas as Long-Term Debt/Eq ratio is at 5.30.
On December 16, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $24.
BofA Securities Downgraded its Buy to Neutral on October 07, 2024, whereas the target price for the stock was revised from $30.50 to $24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CON now has a Market Capitalization of 2471136000 and an Enterprise Value of 4611054080. As of this moment, Concentra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.19, and their Forward P/E ratio for the next fiscal year is 12.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 6.41. Its current Enterprise Value per Revenue stands at 2.207 whereas that against EBITDA is 11.373.
Stock Price History:
The Beta on a monthly basis for CON is 0.72, which has changed by -0.03134328 over the last 52 weeks, in comparison to a change of 0.13844287 over the same period for the S&P500. Over the past 52 weeks, CON has reached a high of $24.17, while it has fallen to a 52-week low of $18.55. The 50-Day Moving Average of the stock is -4.17%, while the 200-Day Moving Average is calculated to be -8.62%.
Shares Statistics:
For the past three months, CON has traded an average of 980.08K shares per day and 934160 over the past ten days. A total of 128.17M shares are outstanding, with a floating share count of 114.44M. Insiders hold about 10.71% of the company’s shares, while institutions hold 89.10% stake in the company. Shares short for CON as of 1763078400 were 3251706 with a Short Ratio of 3.32, compared to 1760486400 on 4512549. Therefore, it implies a Short% of Shares Outstanding of 3251706 and a Short% of Float of 3.8599998.
Dividends & Splits
According to the company, the forward annual dividend rate for CON is 0.25, from 0.25 in the trailing year. Against a Trailing Annual Dividend Yield of 0.012840267
Earnings Estimates
The market rating of Concentra Group Holdings Parent Inc (CON) is currently shaped by the ongoing analysis conducted by 7.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.37, with high estimates of $0.37 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.32 and $1.29 for the fiscal current year, implying an average EPS of $1.31. EPS for the following year is $1.5, with 7.0 analysts recommending between $1.53 and $1.47.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $532M this quarter.It ranges from a high estimate of $535.6M to a low estimate of $527.95M. As of. The current estimate, Concentra Group Holdings Parent Inc’s year-ago sales were $465.04MFor the next quarter, 7 analysts are estimating revenue of $560.41M. There is a high estimate of $571.9M for the next quarter, whereas the lowest estimate is $547.52M.
A total of 7 analysts have provided revenue estimates for CON’s current fiscal year. The highest revenue estimate was $2.16B, while the lowest revenue estimate was $2.15B, resulting in an average revenue estimate of $2.16B. In the same quarter a year ago, actual revenue was $1.9BBased on 7 analysts’ estimates, the company’s revenue will be $2.32B in the next fiscal year. The high estimate is $2.33B and the low estimate is $2.3B.
