Concentra Group Holdings Stock Net Income
| CON Stock | 22.13 0.23 1.05% |
Concentra Group Holdings fundamentals help investors to digest information that contributes to Concentra Group's financial success or failures. It also enables traders to predict the movement of Concentra Stock. The fundamental analysis module provides a way to measure Concentra Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Concentra Group stock.
| Last Reported | Projected for Next Year | ||
| Net Income From Continuing Ops | 132.4 M | 138.9 M | |
| Net Income | 179.9 M | 148.1 M | |
| Net Income Per Share | 1.42 | 1.61 | |
| Net Income Per E B T | 1.04 | 0.68 |
Concentra |
Concentra Group Holdings Company Net Income Analysis
Concentra Group's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Concentra Group Net Income | 179.95 M |
Most of Concentra Group's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Concentra Group Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Concentra Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Concentra Group is extremely important. It helps to project a fair market value of Concentra Stock properly, considering its historical fundamentals such as Net Income. Since Concentra Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Concentra Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Concentra Group's interrelated accounts and indicators.
Concentra Net Income Historical Pattern
Today, most investors in Concentra Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Concentra Group's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Concentra Group net income as a starting point in their analysis.
Concentra Group Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Concentra Net Interest Income
Net Interest Income |
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Based on the recorded statements, Concentra Group Holdings reported net income of 179.95 M. This is 47.27% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The net income for all United States stocks is 68.48% higher than that of the company.
Concentra Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Concentra Group's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Concentra Group could also be used in its relative valuation, which is a method of valuing Concentra Group by comparing valuation metrics of similar companies.Concentra Group is currently under evaluation in net income category among its peers.
Concentra Group ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Concentra Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Concentra Group's managers, analysts, and investors.Environmental | Governance | Social |
Concentra Fundamentals
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 3.74 B | ||||
| Shares Outstanding | 126.59 M | ||||
| Shares Owned By Insiders | 82.23 % | ||||
| Shares Owned By Institutions | 3.84 % | ||||
| Number Of Shares Shorted | 952.12 K | ||||
| Price To Book | 2.35 X | ||||
| Price To Sales | 1.57 X | ||||
| Revenue | 1.84 B | ||||
| EBITDA | 360.15 M | ||||
| Net Income | 179.95 M | ||||
| Total Debt | 905 M | ||||
| Book Value Per Share | 11.98 X | ||||
| Cash Flow From Operations | 234.32 M | ||||
| Short Ratio | 1.68 X | ||||
| Earnings Per Share | 1.02 X | ||||
| Target Price | 29.79 | ||||
| Number Of Employees | 11 K | ||||
| Market Capitalization | 2.93 B | ||||
| Total Asset | 2.49 B | ||||
| Retained Earnings | 685.29 M | ||||
| Working Capital | 19.78 K | ||||
| Net Asset | 2.49 B |
About Concentra Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Concentra Group Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Concentra Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Concentra Group Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Concentra Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Concentra Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Concentra Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Concentra Stock
Moving against Concentra Stock
| 0.78 | ECOR | Electrocore LLC | PairCorr |
| 0.76 | MD | Mednax Inc | PairCorr |
| 0.73 | ELMD | Electromed | PairCorr |
| 0.66 | DOCS | Doximity | PairCorr |
| 0.44 | OM | Outset Medical | PairCorr |
The ability to find closely correlated positions to Concentra Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Concentra Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Concentra Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Concentra Group Holdings to buy it.
The correlation of Concentra Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Concentra Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Concentra Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Concentra Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Concentra Group Piotroski F Score and Concentra Group Altman Z Score analysis. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Concentra Group. If investors know Concentra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Concentra Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Earnings Share 1.02 | Revenue Per Share 17.842 | Quarterly Revenue Growth 0.023 |
The market value of Concentra Group Holdings is measured differently than its book value, which is the value of Concentra that is recorded on the company's balance sheet. Investors also form their own opinion of Concentra Group's value that differs from its market value or its book value, called intrinsic value, which is Concentra Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Concentra Group's market value can be influenced by many factors that don't directly affect Concentra Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Concentra Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentra Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentra Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.