Concentra Group Holdings Parent (NYSE:CON) Price Target Raised to $25.00

Concentra Group Holdings Parent (NYSE:CON) had its target price upped by Bank of America from $24.00 to $25.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a buy rating on the stock.

Separately, 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 on the stock in a research note on Monday, November 4th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $28.63.

Concentra Group Holdings Parent Stock Down 0.4 %

CON opened at $23.50 on Thursday. The firm has a fifty day moving average price of $20.83. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52. 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 released its quarterly earnings results on Thursday, October 31st. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $489.64 million during the quarter, compared to analyst estimates of $492.61 million. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. Sell-side analysts predict that Concentra Group Holdings Parent will post 1.47 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Announces Dividend

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

Institutional Investors Weigh In On Concentra Group Holdings Parent

A number of hedge funds have recently modified their holdings of CON. Nisa Investment Advisors LLC purchased a new stake in Concentra Group Holdings Parent during the 4th quarter valued at about $59,000. GAMMA Investing LLC acquired a new position in shares of Concentra Group Holdings Parent during the 4th quarter worth approximately $64,000. BNP Paribas Financial Markets purchased a new stake in shares of Concentra Group Holdings Parent in the third quarter valued at approximately $105,000. EMC Capital Management acquired a new stake in shares of Concentra Group Holdings Parent in the fourth quarter valued at approximately $122,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Concentra Group Holdings Parent during the third quarter worth $208,000.

Concentra Group Holdings Parent Company Profile

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.