Could this be the case of a blown-up long-term opportunity? Concentra Group Holdings Parent Inc (CON)

Nora Barnes

Concentra Group Holdings Parent Inc [CON] stock prices are up 0.74% to $20.43 at the moment. 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 4.77% over the last week, with a monthly amount glided 2.82%, and 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 an Outtperform rating and suggested a price target of $33 on August 20, 2024. Wells Fargo initiated its recommendation with an 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.

The stock price of Concentra Group Holdings Parent Inc [CON] has been fluctuating between $18.55 and $24.17 over the past year. 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 $20.43 at the most recent close of the market. An investor can expect a potential return of 154.53% based on the average CON price forecast.

Analyzing the CON fundamentals

The Concentra Group Holdings Parent Inc [NYSE:CON] reported sales of 2.09B for trailing twelve months, representing a surge of 16.98%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.15%, 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 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.55.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It’s worth pointing out that Concentra Group Holdings Parent Inc [NYSE:CON]’s Current Ratio 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 1.25, the price to book ratio is 6.79 and price to earnings (TTM) ratio is 17.16.

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.