While Concentra Group Holdings Parent Inc has underperformed by -2.50%, investors are advised to look at stock chart patterns for technical insight.
On October 07, 2024, BofA Securities Downgraded Concentra Group Holdings Parent Inc (NYSE: CON) to Neutral. A report published by RBC Capital Mkts on August 20, 2024, Initiated its previous ‘Outperform’ rating for CON. Wells Fargo also rated CON shares as ‘Overweight’, setting a target price of $27 on the company’s shares in an initiating report dated August 19, 2024. Truist Initiated an Buy rating on August 19, 2024, and assigned a price target of $29. Mizuho initiated its ‘Outperform’ rating for CON, as published in its report on August 19, 2024. JP Morgan’s report from August 19, 2024 suggests a price prediction of $29 for CON shares, giving the stock a ‘Overweight’ rating. Goldman also rated the stock as ‘Buy’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Concentra Group Holdings Parent Inc (CON)
In order to gain a clear picture of Concentra Group Holdings Parent Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. Taking into account the quick ratio of the company, currently set at 1.21, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 422.20K can be a very valuable indicator of volatility for CON stock. On a monthly basis, the volatility of the stock is set at 3.36%, whereas on a weekly basis, it is put at 3.39%, with a loss of -4.12% over the past seven days. Furthermore, long-term investors anticipate a median target price of $28.88, showing growth from the present price of $20.27, which can serve as yet another indication of whether CON is worth investing in or should be passed over.
How Do You Analyze Concentra Group Holdings Parent Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 82.23%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 0.15% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CON shares are owned by institutional investors to the tune of 0.15% at present.
