CG

Concentra Group Holdings Parent, Inc.

CON·NYSE

$24.75

-0.34%
HealthcareMedical - Equipment & Services

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. It also provides Concentra Telemed, a telemedicine solution for the treatment of work-related injuries and illnesses, and employer services; pharmacy solution under the Concentra Pharmacy name; and Concentra Medical Compliance Administration, a third-party administrator that helps to manage abuse testing programs for employers with regulated or non-regulated workforces. The company was founded in 1979 and is based in Mechanicsburg, Pennsylvania. Concentra Group Holdings Parent, Inc. operates as a subsidiary of Select Medical Corporation.

At a Glance

Live Snapshot
Market Cap$3.17B
EPS1.3900
P/E Ratio17.81
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 17.8).

Valuation inputs: P/E 17.8, earnings yield +5.6%, momentum -0.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +43.9%, ROIC +57.6%).

Profitability stack: net margin +8.0%, ROE +43.9%, ROIC +57.6%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +86.2%, momentum -0.3%, net margin +8.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Concentra Group Holdings Parent, Inc. Market vs Earnings Trajectory

CON · NYSE

Loading price and EPS data...

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Concentra Group Holdings Parent, Inc. Fair Value Envelope

CON · NYSE

Our analysis suggests that CON has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $24.75, this represents a potential HIDDEN relative to our calculated worth for Concentra Group Holdings Parent, Inc..

Intrinsic Value
Current Price: $24.75
3Y+5.0%
5Y-16.0%
10Y-16.0%
3Y+25.0%
5Y+25.0%
10Y+25.0%
3Y+4.0%
5Y-17.0%
10Y-17.0%
3Y+2.0%
5Y-4.0%
10Y-4.0%
3Y-14.0%
5Y-19.0%
10Y-19.0%
3Y+32.0%
5Y+32.0%
10Y+32.0%
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Concentra Group Holdings Parent, Inc. Profit Bridge

CON · NYSE
Revenue2.16B
Cost of Goods Sold (1.55B)
Gross Profit613.09M
Operating Expenses (-1.47B)
Operating Income2.09B
Interest Expense (109.29M)
Other Income/Expense-1.86B
Pretax Income223.78M
Income Tax (50.98M)
Net Income172.80M
Net Income
172.80M

Profitability Analysis

Gross Margin

28.3%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

96.5%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

8.0%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

22.8%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

28.34%
Gross Profit Margin
2%
3Y+20.0%
5Y+15.0%
10Y+15.0%
96.50%
Operating Profit Margin
502%
3Y+544.0%
5Y+518.0%
10Y+518.0%
7.99%
Net Profit Margin
-9%
3Y-17.0%
5Y-34.0%
10Y-34.0%
43.94%
Return on Equity
-27%
3Y+157.0%
5Y-
10Y-
5.69%
Return on Assets
-14%
3Y-22.0%
5Y-
10Y-
57.65%
Return on Invested Capital
486%
3Y+509.0%
5Y-
10Y-
C

Concentra Group Holdings Parent, Inc. Cash Conversion Engine

CON · NYSE
Net Income172.80M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital7.96M
Others98.64M
Capital Expenditures-82.33M
Free Cash Flow197.06M

Cash Flow Quality Analysis

FCF Conversion Rate

114.0%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

29.5%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-6.3%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

+$7.96M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

c

Concentra Group Holdings Parent, Inc. Funding & Solvency Profile

CON · NYSE
Cash & Cash Equivalents61.70M
Net Receivables296.51M
Inventory0.00
Other Current Assets46.01M
Total Current Assets404 M
Property, Plant & Equipment724.54M
Goodwill & Intangible Assets1.72B
Long-Term Investments0.00
Other Non-Current Assets20.43M
Total Non-Current Assets745 M
Total Assets
2.89B

Financial Health Analysis

Current Ratio

1.26x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

5.37x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

83 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

14% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Concentra Group Holdings Parent, Inc. Street Expectations Map

CON · NYSE

Wall Street analysts project that CON stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 31.50, with estimates ranging from a low of 31.00 to a high of 32.00.

Lowest Target
31.00
25.25%
Consensus Target
31.50
27.27%
Highest Target
32.00
29.29%

The consensus 1-year price target stands at 31.50, with estimates ranging from a low of 31.00 to a high of 32.00.

Analyst Consensus Analysis

Upside Potential

+27.3%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

3.2% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Concentra Group Holdings Parent, Inc. Insider Positioning

CON · NYSE

During the last 12 months, insiders have sold $6.50M worth of CON shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

260.0K

6.50M

Net Activity

-6.5M

-$6.50M

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
ORA

Ortenzio Robert A

Director

260.0K shares2 transactions

$6.50M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $6.50M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$6.50M

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Persistent selling pressure: Consistent insider selling with weak buy/sell ratio suggests insiders may be capitalizing on current valuation. Exercise caution and review recent earnings quality and management commentary.

0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
 

con Dividend History

CON
10Y CAGR +0%
Latest $0.062
Annual $0.3125
Stable dividend payments
Last Period: +0%