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The price of Concentra Group Holdings Parent Inc (NYSE: CON) closed at $20.24 in the last session, up 0.35% from day before closing price of $20.17. In other words, the price has increased by $0.35 from its previous closing price. On the day, 0.86 million shares were traded. CON stock price reached its highest trading level at $20.36 during the session, while it also had its lowest trading level at $20.14.
Ratios:
We take a closer look at CON’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 6.36 whereas as Long-Term Debt/Eq ratio is at 6.08.
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 2594180096 and an Enterprise Value of 4727976960. As of this moment, Concentra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.35, and their Forward P/E ratio for the next fiscal year is 13.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 7.57. Its current Enterprise Value per Revenue stands at 2.357 whereas that against EBITDA is 12.116.
Stock Price History:
The Beta on a monthly basis for CON is 0.79, which has changed by -0.066420674 over the last 52 weeks, in comparison to a change of 0.13724327 over the same period for the S&P500. Over the past 52 weeks, CON has reached a high of $24.32, while it has fallen to a 52-week low of $18.90. The 50-Day Moving Average of the stock is -7.11%, while the 200-Day Moving Average is calculated to be -5.78%.
Shares Statistics:
According to the various share statistics, CON traded on average about 920.62K shares per day over the past 3-months and 697210 shares per day over the past 10 days. A total of 128.17M shares are outstanding, with a floating share count of 115.33M. Insiders hold about 10.02% of the company’s shares, while institutions hold 84.12% stake in the company. Shares short for CON as of 1759190400 were 4079691 with a Short Ratio of 4.43, compared to 1756425600 on 2443134. Therefore, it implies a Short% of Shares Outstanding of 4079691 and a Short% of Float of 4.8499998.
Earnings Estimates
Currently, 7.0 analysts are dedicated to thoroughly evaluating and rating the performance of Concentra Group Holdings Parent Inc (CON) in the stock market.The consensus estimate for the next quarter is $0.25, with high estimates of $0.26 and low estimates of $0.23.
Analysts are recommending an EPS of between $1.37 and $1.29 for the fiscal current year, implying an average EPS of $1.32. EPS for the following year is $1.56, with 7.0 analysts recommending between $1.66 and $1.49.
Revenue Estimates
According to 7 analysts, . The current quarter’s revenue is expected to be $563.52M. It ranges from a high estimate of $569.4M to a low estimate of $559.9M. As of . The current estimate, Concentra Group Holdings Parent Inc’s year-ago sales were $489.64MFor the next quarter, 7 analysts are estimating revenue of $534.13M. There is a high estimate of $538M for the next quarter, whereas the lowest estimate is $530M.
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 $2.14B, resulting in an average revenue estimate of $2.15B. 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 $2.34B and the low estimate is $2.3B.
