Concentra Group Holdings Parent (NYSE:CON) Given New $25.00 Price Target at Bank of America

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

Separately, Royal Bank of Canada decreased their target price on Concentra Group Holdings Parent from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday, November 4th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $28.63.

Concentra Group Holdings Parent Price Performance

Shares of NYSE CON opened at $23.59 on Thursday. Concentra Group Holdings Parent has a twelve month low of $18.89 and a twelve month high of $24.81. 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 simple moving average of $20.77.

Concentra Group Holdings Parent (NYSE:CON) last released its earnings results on Thursday, October 31st. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The business had revenue of $489.64 million for the quarter, compared to analyst estimates of $492.61 million. Concentra Group Holdings Parent’s revenue was up 3.3% compared to the same quarter last year. Equities analysts predict that Concentra Group Holdings Parent will post 1.47 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, November 22nd. Stockholders of record on Wednesday, November 13th were given a $0.0625 dividend. The ex-dividend date was Wednesday, November 13th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. EMC Capital Management purchased a new position in Concentra Group Holdings Parent during the 4th quarter valued at about $122,000. Sippican Capital Advisors acquired a new stake in shares of Concentra Group Holdings Parent during the fourth quarter worth approximately $213,000. KBC Group NV acquired a new stake in shares of Concentra Group Holdings Parent during the fourth quarter worth approximately $274,000. Linden Thomas Advisory Services LLC purchased a new position in Concentra Group Holdings Parent during the fourth quarter valued at approximately $386,000. Finally, Wesbanco Bank Inc. acquired a new position in Concentra Group Holdings Parent in the 4th quarter valued at approximately $602,000.

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.