For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Concentra Group Holdings Parent Inc (NYSE: CON) closed at $23.45 in the last session, down -0.38% from day before closing price of $23.54. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 0.76 million shares were traded. CON stock price reached its highest trading level at $23.95 during the session, while it also had its lowest trading level at $23.4.
Ratios:
We take a closer look at CON’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 7.01 whereas as Long-Term Debt/Eq ratio is at 6.71.
On October 07, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $30.50 to $24.
On August 20, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $33.RBC Capital Mkts initiated its Outperform rating on August 20, 2024, with a $33 target price.
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 2986216960 and an Enterprise Value of 4820630016. Its current Enterprise Value per Revenue stands at 2.57 whereas that against EBITDA is 13.149.
Stock Price History:
Over the past 52 weeks, CON has reached a high of $24.81, while it has fallen to a 52-week low of $18.89. The 50-Day Moving Average of the stock is 11.45%, while the 200-Day Moving Average is calculated to be 8.28%.
Shares Statistics:
According to the various share statistics, CON traded on average about 1.03M shares per day over the past 3-months and 967300 shares per day over the past 10 days. A total of 127.34M shares are outstanding, with a floating share count of 108.81M. Insiders hold about 14.56% of the company’s shares, while institutions hold 33.25% stake in the company. Shares short for CON as of 1736899200 were 3161774 with a Short Ratio of 3.08, compared to 1734048000 on 3227990. Therefore, it implies a Short% of Shares Outstanding of 3161774 and a Short% of Float of 13.600000000000001.
