Concentra Group Holdings Parent, Inc. (NYSE:CON) Receives $28.50 Average Price Target from Analysts

Shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) have been assigned an average rating of “Buy” from the eight analysts that are covering the stock, MarketBeat reports. Eight equities research analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have covered the stock in the last year is $28.50.

CON has been the subject of several recent research reports. Bank of America raised Concentra Group Holdings Parent from a “neutral” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Monday, December 16th. Royal Bank of Canada dropped their price target on shares of Concentra Group Holdings Parent from $33.00 to $30.00 and set an “outperform” rating for the company in a research note on Monday, November 4th.

Institutional Trading of Concentra Group Holdings Parent

A number of large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new position in Concentra Group Holdings Parent in the third quarter valued at about $105,000. The Manufacturers Life Insurance Company bought a new position in shares of Concentra Group Holdings Parent during the 3rd quarter valued at about $208,000. MetLife Investment Management LLC acquired a new position in shares of Concentra Group Holdings Parent in the 3rd quarter valued at approximately $297,000. Jane Street Group LLC bought a new stake in Concentra Group Holdings Parent during the 3rd quarter worth approximately $584,000. Finally, Verition Fund Management LLC acquired a new stake in Concentra Group Holdings Parent during the 3rd quarter worth approximately $661,000.

Concentra Group Holdings Parent Price Performance

Shares of Concentra Group Holdings Parent stock opened at $20.48 on Friday. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52. The firm has a 50 day moving average of $20.77. Concentra Group Holdings Parent has a fifty-two week low of $18.89 and a fifty-two week high of $24.81.

Concentra Group Holdings Parent (NYSE:CON) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $489.64 million during the quarter, compared to the consensus estimate of $492.61 million. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. On average, analysts expect that Concentra Group Holdings Parent will post 1.47 EPS for the current year.

Concentra Group Holdings Parent Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Friday, November 22nd. Investors of record on Wednesday, November 13th were paid a dividend of $0.0625 per share. The ex-dividend date was Wednesday, November 13th.

About Concentra Group Holdings Parent

Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers’ compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.