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Centene (CNC)
NYSE:CNC
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CNC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$55.03 - $81.42
Previous Close$60.91
Volume3.12M
Average Volume (3M)6.36M
Market Cap
$30.75B
Enterprise Value$30.89B
Total Cash (Recent Filing)$17.57B
Total Debt (Recent Filing)$17.61B
Price to Earnings (P/E)10.6
Beta0.21
Next Earnings
Feb 04, 2025EPS Estimate
$0.51Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)5.77
Shares Outstanding504,865,000
10 Day Avg. Volume8,053,444
30 Day Avg. Volume6,363,364
Standard Deviation0.08
R-Squared0.09
Alpha-0.00275
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)1.13
Price to Sales (P/S)0.19
Price to Cash Flow (P/CF)-7.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.19
Enterprise Value/Gross Profit1.78
Enterprise Value/Ebitda5.49
Forecast
1Y Price Target
$77.91Price Target Upside27.91% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Centene News
Bulls Say, Bears Say
Bulls Say
EarningsCNC announced 2025 adjusted EPS guidance of at least $7.25, ahead of expectations.
Financial PerformanceAdjusted EPS of $1.62 beat consensus of $1.41, indicating better-than-expected performance.
Growth PotentialManagement has outlined building blocks related to Medicaid and Medicare that could lead to improved earnings potential.
Bears Say
Enrollment And MembershipMedicaid membership dropped faster than expected as states got more aggressive about procedural disenrollments.
Financial PerformanceThe MA margin goal for 2027 is now projected to be breakeven, which is lower than previously thought.
Stock ValuationThe revised price target of $80, down from $89, reflects a more conservative outlook on valuation.
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Ownership Overview
0.55% Insiders
33.77% Mutual Funds
26.85% Other Institutional Investors
13.70% 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.
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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?
Currently, no data Available
When is Centene’s upcoming earnings report date?
Centene’s upcoming earnings report date is Feb 04, 2025 which is in 39 days.
How were Centene’s earnings last quarter?
Centene released its earnings results on Oct 25, 2024. The company reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.355 by $0.265.
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 $0.51.
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 $1.62 in its last earnings report, beating expectations of $1.355. 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.
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Centene Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$77.91 (27.91% Upside)
$77.91 (27.91% 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
Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 4.0%
Last 30 Days ▲ 4.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-17.29%
12-Months-Change
Fundamentals
Return on Equity
11.66%
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.
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CNC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The call indicates strong financial performance and strategic progress in several areas such as EPS, Medicaid rate adjustments, Medicare Advantage, and Marketplace growth. However, challenges remain with Medicaid MLR pressures and state-specific rate adjustments.Read More>---
CNC Revenue Breakdown
88.08% Premium
9.03% Premium tax
2.90% Service
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CNC Stock 12 Month Forecast
Average Price Target
$77.91
▲(27.91% Upside)
Technical Analysis
Best Analysts Covering CNC
1 Year
1 Year Success Rate
32/53 ratings generated profit
1 Year Average Return
+14.58%
reiterated a buy rating 15 days ago
Copying Michael Wiederhorn's trades and holding each position for 1 Year would result in 60.38% of your transactions generating a profit, with an average return of +14.58% per trade.
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