A share price of Concentra Group Holdings Parent Inc [CON] is currently trading at $19.96, up 1.94%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CON shares have gain 4.28% over the last week, with a monthly amount drifted -1.38%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BofA Securities upgraded its rating to Buy on December 16, 2024, and kept the price target unchanged to $24. On October 07, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $24 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $33 on August 20, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $27 as its price target on August 19, 2024. Truist started tracking with a Buy rating for this stock on August 19, 2024, and assigned it a price target of $29. In a note dated August 19, 2024, Mizuho initiated an Outperform rating and provided a target price of $28 on this stock.
Concentra Group Holdings Parent Inc experienced fluctuations in its stock price throughout the past year between $18.55 and $24.32. Currently, Wall Street analysts expect the stock to reach $52 within the next 12 months. Concentra Group Holdings Parent Inc [NYSE: CON] shares were valued at $19.96 at the most recent close of the market. An investor can expect a potential return of 160.52% based on the average CON price forecast.
Analyzing the CON fundamentals
Trailing Twelve Months sales for Concentra Group Holdings Parent Inc [NYSE:CON] were 2.09B which represents 16.98% growth. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.47 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.68 points at the first support level, and at 19.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.15, and for the 2nd resistance point, it is at 20.34.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Concentra Group Holdings Parent Inc [NYSE:CON] is 1.20. Further, the Quick Ratio stands at 1.20, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 6.64 and price to earnings (TTM) ratio is 16.76.
