Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Concentra Group Holdings Parent Inc’s stock clocked out at $19.5, down -2.69% from its previous closing price of $20.04. In other words, the price has decreased by -$2.69 from its previous closing price. On the day, 0.53 million shares were traded. CON stock price reached its highest trading level at $20.05 during the session, while it also had its lowest trading level at $19.34.
Ratios:
To gain a deeper understanding of CON’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 50.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.24. 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 2499333632 and an Enterprise Value of 4614898688. As of this moment, Concentra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.38, and their Forward P/E ratio for the next fiscal year is 13.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 6.48. Its current Enterprise Value per Revenue stands at 2.209 whereas that against EBITDA is 11.383.
Stock Price History:
The Beta on a monthly basis for CON is 0.72, which has changed by 0.015712142 over the last 52 weeks, in comparison to a change of 0.19182634 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 -1.45%, while the 200-Day Moving Average is calculated to be -6.62%.
Shares Statistics:
It appears that CON traded 901.93K shares on average per day over the past three months and 652410 shares per day 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 89.11% stake in the company. Shares short for CON as of 1765756800 were 3883112 with a Short Ratio of 4.31, compared to 1763078400 on 3251706. Therefore, it implies a Short% of Shares Outstanding of 3883112 and a Short% of Float of 4.61.
Earnings Estimates
The stock of Concentra Group Holdings Parent Inc (CON) is currently being evaluated by 7.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.36, 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
In . The current quarter, 7 analysts expect revenue to total $532M. 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 $557.51M. There is a high estimate of $571.9M for the next quarter, whereas the lowest estimate is $547.41M.
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.
