Concentra Group Holdings Parent’s (CON) “Outperform” Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reissued their outperform rating on shares of Concentra Group Holdings Parent (NYSE:CON) in a research report report published on Thursday,Benzinga reports. Royal Bank of Canada currently has a $30.00 price objective on the stock.

Separately, Bank of America lifted their target price on Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $28.63.

Concentra Group Holdings Parent Stock Down 0.4 %

NYSE CON opened at $23.50 on Thursday. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52. The stock’s fifty day moving average price is $20.83. Concentra Group Holdings Parent has a 1 year low of $18.89 and a 1 year high of $24.81.

Concentra Group Holdings Parent (NYSE:CON) last issued its earnings results on Thursday, October 31st. The company reported $0.37 earnings per share (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 firm’s revenue for the quarter was up 3.3% on a year-over-year basis. On average, analysts anticipate that Concentra Group Holdings Parent will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Announces Dividend

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

Institutional Trading of Concentra Group Holdings Parent

Several hedge funds have recently added to or reduced their stakes in CON. Seven Grand Managers LLC acquired a new position in Concentra Group Holdings Parent in the 3rd quarter valued at $3,354,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Concentra Group Holdings Parent in the third quarter valued at about $675,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Concentra Group Holdings Parent in the third quarter valued at about $36,672,000. Charles Schwab Investment Management Inc. bought a new position in Concentra Group Holdings Parent during the third quarter worth about $4,244,000. Finally, Loomis Sayles & Co. L P acquired a new stake in Concentra Group Holdings Parent in the 3rd quarter worth about $8,676,000.

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.