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Centene (DE:QEN)
FRANKFURT:QEN
Holding DE:QEN?
Track your performance easily
QEN Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€53.42 - €75.00
Previous Close€55.8
Volume0.00
Average Volume (3M)183.00
Market Cap
€28.52B
Enterprise Value€28.65B
Total Cash (Recent Filing)$17.57B
Total Debt (Recent Filing)$17.61B
Price to Earnings (P/E)―
Beta0.04
Next Earnings
Feb 04, 2025EPS Estimate
€0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding504,865,000
10 Day Avg. Volume97
30 Day Avg. Volume183
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.03
Price to Sales (P/S)0.19
Price to Cash Flow (P/CF)-7.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.18
Enterprise Value/Gross Profit1.65
Enterprise Value/Ebitda5.09
Forecast
1Y Price Target
€74.64Price Target Upside33.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Centene News
Bulls Say, Bears Say
Bulls Say
Earnings PotentialManagement has outlined building blocks related to Medicaid and Medicare that could lead to improved earnings potential.
Financial PerformanceCNC reported Q3 results that beat on EPS by 15% and reaffirmed its FY24 guide of at least $6.80.
ValuationThe valuation of the stock is considered very compelling given the greater clarity on current estimates with potential for upside.
Bears Say
EarningsLowering the 2024E EPS estimates to $4.99 to account for base case expectation of incremental MLR pressure indicates potential financial challenges.
Medicaid MembershipMedicaid membership dropped faster than expected as states got more aggressive about procedural disenrollments.
Stock PerformanceCNC's stock price down approximately 17% over the past month signals concerns over incremental cost trends.
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Options Prices
Currently, No data available
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Ownership Overview
0.57% Insiders
33.77% Mutual Funds
26.85% Other Institutional Investors
14.15% Public Companies and
Individual Investors
QEN FAQ
What was Centene’s price range in the past 12 months?
Centene lowest stock price was €53.42 and its highest was €75.00 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 44 days.
How were Centene’s earnings last quarter?
Centene released its earnings results on Oct 25, 2024. The company reported €1.535 earnings per share for the quarter, beating the consensus estimate of €1.284 by €0.251.
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 €0.43.
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 €1.535 in its last earnings report, beating expectations of €1.284. Following the earnings report the stock price went up 14.143%.
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:
€74.64 (33.75% Upside)
€74.64 (33.75% Upside)
Blogger Sentiment
Bullish
DE:QEN Sentiment 90%
Sector Average 70%
Sector Average 70%
Insider Transactions
Bought Shares
Worth $1.3M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.49%
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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QEN Earnings Call
Q3 2024
0:00 / 0:00
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QEN Revenue Breakdown
88.08% Premium
9.03% Premium tax
2.90% Service
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QEN Stock 12 Month Forecast
Average Price Target
€74.64
▲(33.75% Upside)
Technical Analysis
Best Analysts Covering QEN
1 Year
1 Year Success Rate
16/27 ratings generated profit
1 Year Average Return
+9.09%
reiterated a buy rating 5 months ago
Copying Sarah James's trades and holding each position for 1 Year would result in 59.26% of your transactions generating a profit, with an average return of +9.09% per trade.
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