Concentra Group Holdings Parent Inc (NYSE: CON)’s stock price has plunge by -0.38relation to previous closing price of 23.54. Nevertheless, the company has seen a -0.64% plunge in its stock price over the last five trading sessions. zacks.com reported 2025-01-23 that Concentra (CON) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Is It Worth Investing in Concentra Group Holdings Parent Inc (NYSE: CON) Right Now?
Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CON is 108.81M, and currently, short sellers hold a 2.91% ratio of that float. The average trading volume of CON on January 31, 2025 was 1.03M shares.
CON’s Market Performance
CON’s stock has seen a -0.64% decrease for the week, with a 15.01% rise in the past month and a 12.69% gain in the past quarter. The volatility ratio for the week is 2.53%, and the volatility levels for the past 30 days are at 3.52% for Concentra Group Holdings Parent Inc The simple moving average for the past 20 days is 9.79% for CON’s stock, with a 8.28% simple moving average for the past 200 days.
Analysts’ Opinion of CON
Many brokerage firms have already submitted their reports for CON stocks, with BofA Securities repeating the rating for CON by listing it as a “Buy.” The predicted price for CON in the upcoming period, according to BofA Securities is $24 based on the research report published on December 16, 2024 of the previous year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see CON reach a price target of $24, previously predicting the price at $30.50. The rating they have provided for CON stocks is “Neutral” according to the report published on October 07th, 2024.
RBC Capital Mkts gave a rating of “Outperform” to CON, setting the target price at $33 in the report published on August 20th of the previous year.
CON Trading at 11.45% from the 50-Day Moving Average
After a stumble in the market that brought CON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.46% of loss for the given period.
Volatility was left at 3.52%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares surge +16.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.12% upper at present.
During the last 5 trading sessions, CON fell by -0.64%, in comparison to the 20-day moving average, which settled at $21.36. In addition, Concentra Group Holdings Parent Inc saw 18.55% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CON
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.26 for the gross margin
The net margin for Concentra Group Holdings Parent Inc stands at 0.06. The total capital return value is set at 0.13.
Based on Concentra Group Holdings Parent Inc (CON), the company’s capital structure generated 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 7.01. The interest coverage ratio of the stock is 2.38.
Currently, EBITDA for the company is 360.15 million with net debt to EBITDA at 5.02. When we switch over and look at the enterprise to sales, we see a ratio of 2.56. The receivables turnover for the company is 8.08for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.52.
Conclusion
To put it simply, Concentra Group Holdings Parent Inc (CON) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
