Concentra Group Holdings Parent, Inc. (CON) To Go Ex-Dividend on November 13th

Concentra Group Holdings Parent, Inc. (NYSE:CON) declared a dividend on Thursday, October 31st, NASDAQ reports. Shareholders of record on Wednesday, November 13th will be given a dividend of 0.0625 per share on Friday, November 22nd. The ex-dividend date is Wednesday, November 13th.

Concentra Group Holdings Parent Stock Performance

CON opened at $20.13 on Friday. Concentra Group Holdings Parent has a twelve month low of $18.89 and a twelve month high of $24.81. The stock’s 50-day simple moving average is $22.14. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.34.

Concentra Group Holdings Parent (NYSE:CON) last issued its quarterly 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 during the quarter, compared to analysts’ expectations of $492.61 million. Concentra Group Holdings Parent’s revenue was up 3.3% on a year-over-year basis. As a group, sell-side analysts predict that Concentra Group Holdings Parent will post 1.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CON. Truist Financial initiated coverage on shares of Concentra Group Holdings Parent in a report on Monday, August 19th. They issued a “buy” rating and a $29.00 target price on the stock. Bank of America downgraded Concentra Group Holdings Parent from a “buy” rating to a “neutral” rating and cut their price target for the stock from $30.50 to $24.00 in a report on Monday, October 7th. Deutsche Bank Aktiengesellschaft started coverage on shares of Concentra Group Holdings Parent in a research note on Monday, August 19th. They set a “buy” rating and a $29.00 price objective on the stock. Wells Fargo & Company began coverage on Concentra Group Holdings Parent in a report on Monday, August 19th. They set an “overweight” rating and a $27.00 target price for the company. Finally, Royal Bank of Canada initiated coverage on shares of Concentra Group Holdings Parent in a research report on Tuesday, August 20th. They issued an “outperform” rating and a $33.00 price target for the company. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Concentra Group Holdings Parent currently has an average rating of “Moderate Buy” and a consensus price target of $28.88.

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.