Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Centene (CNC)
NYSE:CNC
CNC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$55.03 - $81.42
Previous CloseN/A
Volume1.00M
Average Volume (3M)5.55M
Market Cap
$32.60B
Enterprise Value$57.12B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)11.2
Beta0.24
Next Earnings
Feb 04, 2025EPS Estimate
0.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.77
Shares Outstanding504,865,000
10 Day Avg. Volume3,863,986
30 Day Avg. Volume5,547,160
Standard Deviation0.08
R-Squared0.09
Alpha-0.00275
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.22
Price to Cash Flow (P/CF)-8.30
P/FCF Ratio0.00
Enterprise Value/Market Cap1.75
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit1.81
Enterprise Value/Ebitda9.70
Forecast
1Y Price Target
$77.18Price Target Upside19.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
---
Bulls Say, Bears Say
Bulls Say
Medicaid And Medicare GrowthManagement has outlined building blocks related to Medicaid and Medicare that could lead to improved earnings potential.
Medicare Advantage RevenueCNC expects Medicare Advantage revenue to be in the range of $14B-$16B, with a more sizable contribution from the Part D business.
Stock ValuationThe valuation of the stock is considered very compelling given the greater clarity on current estimates with potential for upside.
Bears Say
Enrollment IssuesUnder-enrollment is seen as an additional negative factor.
Market ComplexityThere is limited attention to the complexity of the HIX market and risk pool.
Subsidy ChangesA significant headwind from the sunset of enhanced subsidies is anticipated.
---
Ownership Overview
0.55% Insiders
32.61% Mutual Funds
0.65% Other Institutional Investors
40.97% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
CNC FAQ
What was Centene’s price range in the past 12 months?
Centene lowest stock price was $55.03 and its highest was $81.42 in the past 12 months.
What is Centene’s market cap?
Centene’s market cap is $32.60B.
When is Centene’s upcoming earnings report date?
Centene’s upcoming earnings report date is Feb 04, 2025 which is yesterday.
How were Centene’s earnings last quarter?
Centene released its earnings results on Feb 04, 2025. The company reported $0.8 earnings per share for the quarter, beating the consensus estimate of $0.494 by $0.306.
Is Centene overvalued?
According to Wall Street analysts Centene’s price is currently Undervalued.
Does Centene pay dividends?
Centene does not currently pay dividends.
What is Centene’s EPS estimate?
Centene’s EPS estimate is 0.5.
How many shares outstanding does Centene have?
Centene has 504,865,000 shares outstanding.
What happened to Centene’s price movement after its last earnings report?
Centene reported an EPS of $0.8 in its last earnings report, beating expectations of $0.494. Following the earnings report the stock price went up 4.219%.
Which hedge fund is a major shareholder of Centene?
Among the largest hedge funds holding Centene’s share is Hotchkis & Wiley Capital Management LLC. It holds Centene’s shares valued at 241M.
---
Centene Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$77.18 (19.07% Upside)
$77.18 (19.07% Upside)
Blogger Sentiment
Bullish
CNC Sentiment 90%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 2.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $3.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.44%
12-Months-Change
Fundamentals
Return on Equity
11.23%
Trailing 12-Months
Asset Growth
-2.41%
Trailing 12-Months
Company Description
Centene
Centene Corporation is a diversified healthcare company that primarily engages in providing programs and services to the government sponsored healthcare programs. The company is also engaged in providing education and outreach programs to assist members in accessing quality and appropriate healthcare services.
---
CNC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
Centene demonstrated strong financial performance in 2024, with notable growth in revenue and EPS, and improvements in Medicare Stars ratings. However, challenges in Medicaid membership and cash flow from operations present areas of concern. The company remains cautious about potential impacts from program integrity changes in the marketplace.Read More>---
CNC Revenue Breakdown
65.43% Medicaid
16.13% Medicare
14.46% Commercial
3.98% Other
---
CNC Stock 12 Month Forecast
Average Price Target
$77.18
▲(19.07% Upside)
Technical Analysis
Best Analysts Covering CNC
1 Year
1 Year Success Rate
32/52 ratings generated profit
1 Year Average Return
+14.76%
reiterated a buy rating 2 months ago
Copying Michael Wiederhorn's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +14.76% per trade.
---