Concentra Group Holdings Parent (NYSE:CON - Get Free Report) released its quarterly earnings results on Monday. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.01, Zacks reports. The firm had revenue of $465.00 million for the quarter, compared to analysts' expectations of $465.00 million.
Concentra Group Holdings Parent Stock Performance
Shares of NYSE CON traded down $0.05 during trading on Friday, hitting $22.70. The company had a trading volume of 201,492 shares, compared to its average volume of 735,152. Concentra Group Holdings Parent has a 12 month low of $18.89 and a 12 month high of $24.81. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 5.20. The stock has a 50 day simple moving average of $22.05 and a 200 day simple moving average of $21.74.
Concentra Group Holdings Parent Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Tuesday, March 18th.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the stock. Royal Bank of Canada reiterated an "outperform" rating and set a $30.00 price target on shares of Concentra Group Holdings Parent in a research report on Thursday, January 23rd. Bank of America raised their price target on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $28.63.
Read Our Latest Stock Analysis on Concentra Group Holdings Parent
About Concentra Group Holdings Parent
(
Get Free Report)
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.
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