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After finishing at $21.43 in the prior trading day, Concentra Group Holdings Parent Inc (NYSE: CON) closed at $20.62, down -3.78%. In other words, the price has decreased by -$3.78 from its previous closing price. On the day, 0.82 million shares were traded. CON stock price reached its highest trading level at $21.34 during the session, while it also had its lowest trading level at $20.58.
Ratios:
Our goal is to gain a better understanding of CON by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.56. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 7.08 whereas as Long-Term Debt/Eq ratio is at 6.77.
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 2641958144 and an Enterprise Value of 4433121280. As of this moment, Concentra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.72, and their Forward P/E ratio for the next fiscal year is 13.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 9.58. Its current Enterprise Value per Revenue stands at 2.333 whereas that against EBITDA is 11.837.
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 -6.67%, while the 200-Day Moving Average is calculated to be -5.63%.
Shares Statistics:
The stock has traded on average 831.03K shares per day over the past 3-months and 957310 shares per day over the last 10 days, according to various share statistics. A total of 128.13M shares are outstanding, with a floating share count of 111.54M. Insiders hold about 12.95% of the company’s shares, while institutions hold 83.89% stake in the company. Shares short for CON as of 1740700800 were 2152797 with a Short Ratio of 2.59, compared to 1738281600 on 2798633. Therefore, it implies a Short% of Shares Outstanding of 2152797 and a Short% of Float of 8.959999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.002939804
