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Concentra Completes Acquisition of Onsite Innovations

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Concentra Completes Acquisition of Onsite Innovations

Confident Investing Starts Here:

An update from Concentra Group Holdings Parent, Inc. ( (CON) ) is now available.

On June 1, 2025, Concentra Health Services, a subsidiary of Concentra Group Holdings Parent, Inc., completed the acquisition of Onsite Innovations for $55 million. This acquisition doubles the size of Concentra’s Onsite Health segment and aligns with its growth strategy, expanding its reach to approximately 350 onsite health clinics across over 40 states. The integration aims to enhance service offerings and maintain high-quality care, with key leaders from Onsite Innovations joining Concentra to ensure business continuity and growth.

The most recent analyst rating on (CON) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Concentra Group Holdings Parent, Inc. stock, see the CON Stock Forecast page.

Spark’s Take on CON Stock

According to Spark, TipRanks’ AI Analyst, CON is a Outperform.

Concentra Group’s overall score reflects its solid financial performance and strategic growth through acquisitions. While the company faces some challenges in maintaining profitability margins, its robust cash flow and expansion initiatives position it well for future growth. Technical indicators suggest a stable stock price environment, and its moderate valuation implies some potential for price appreciation. The positive corporate events further bolster the company’s growth outlook.

To see Spark’s full report on CON stock, click here.

More about Concentra Group Holdings Parent, Inc.

Concentra is the largest provider of occupational health services in the United States, offering a wide range of occupational and consumer health services and direct-to-employer care. With approximately 12,000 colleagues and affiliated physicians, Concentra operates 627 occupational health centers and 160 onsite health clinics across 45 states, supporting the care of around 50,000 patients daily.

Average Trading Volume: 747,510

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.77B

See more insights into CON stock on TipRanks’ Stock Analysis page.

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