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In the latest session, Concentra Group Holdings Parent Inc (NYSE: CON) closed at $22.86 down -2.39% from its previous closing price of $23.42. In other words, the price has decreased by -$2.39 from its previous closing price. On the day, 0.63 million shares were traded. CON stock price reached its highest trading level at $23.46 during the session, while it also had its lowest trading level at $22.79.
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 39.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.68. 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 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 2929989120 and an Enterprise Value of 5063784960. As of this moment, Concentra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.59, and their Forward P/E ratio for the next fiscal year is 14.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 8.55. Its current Enterprise Value per Revenue stands at 2.524 whereas that against EBITDA is 12.976.
Stock Price History:
The Beta on a monthly basis for CON is 0.93, which has changed by -0.012526989 over the last 52 weeks, in comparison to a change of 0.15624678 over the same period for the S&P500. 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 9.08%, while the 200-Day Moving Average is calculated to be 7.13%.
Shares Statistics:
For the past three months, CON has traded an average of 824.47K shares per day and 1020730 over the past ten 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 82.85% stake in the company. Shares short for CON as of 1753920000 were 3532096 with a Short Ratio of 4.28, compared to 1751241600 on 2546450. Therefore, it implies a Short% of Shares Outstanding of 3532096 and a Short% of Float of 4.2.
Dividends & Splits
According to the company, the forward annual dividend rate for CON is 0.25, from 0.188 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008027326
Earnings Estimates
At present, 8.0 analysts are actively evaluating 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 $1.27 for the fiscal current year, implying an average EPS of $1.31. EPS for the following year is $1.55, with 8.0 analysts recommending between $1.66 and $1.49.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $563.08M this quarter.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, 8 analysts are estimating revenue of $534.39M. There is a high estimate of $538M for the next quarter, whereas the lowest estimate is $530M.
A total of 8 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 8 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.
