Concentra Group Holdings Parent Inc (NYSE:CON) currently has a daily average trading volume of 915.55K but it saw 1083978 shares traded in last market. With a market cap of 2.82B USD, the company’s current market price of $22.14 came falling about -0.72 while comparing to the previous closing price of $22.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.81 and as low as $18.89. In the recent trading on the day, stock has struck highest price mark of $21.85 while lowest mark touched by it was $22.32.
Taking a look at 20-day trading activity of Concentra Group Holdings Parent Inc (CON) gives us an average price of $20.40, while its current price level is -10.74% below from 52-week high level whereas it is 17.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $20.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.00% during that period while stretching the period over a month that increases to 3.51%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 65.71 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which upgraded the stock as “Buy” in its note to investors issued on December 16, 2024, recommending a price target of $24 for it. BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on October 07, 2024 while assigning a price target range of $30.50-$24. RBC Capital Mkts issued its recommendations for the stock as it initiated the price target for the stock is $33.
Over the week, CON’s stock price is moving 8.48% up while it is 13.66% when we observe its performance for the past one month. Year-to-date it is 11.93% up and over the past year.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0.17 while estimate for next year EPS is 1.45. In next quarter, company is expected to be making quarterly sales of $489M as analysts are expecting the sales for current fiscal year at $1.9B and seeing the company making $2.1B in sales next year. Moreover, analysts are in estimates of $465M for current-quarter revenue.
Currently, Concentra Group Holdings Parent Inc’s total number of outstanding shares is 127.34M with 11.63% of that held by the insiders while 36.32% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 10.15.
