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Centene (CNC)
NYSE:CNC
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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)$4.43B
Total Debt (Recent Filing)$4.65B
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/Revenue0.35
Enterprise Value/Gross Profit3.30
Enterprise Value/Ebitda10.15
Forecast
1Y Price Target
$77.18Price Target Upside19.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
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.
Guidance And PerformanceCNC announced 2025 adjusted EPS guidance of at least $7.25, ahead of expectations.
ValuationThe valuation of the stock is considered very compelling given the greater clarity on current estimates with potential for upside.
Bears Say
Earnings And ValuationThe revised price target of $80, down from $89, reflects a more conservative outlook on valuation.
Financial PerformanceLowering the 2024E EPS estimates to $4.99 to account for base case expectation of incremental MLR pressure indicates potential financial challenges.
Market TrendsCNC's stock price down approximately 17% over the past month signals concerns over incremental cost trends.
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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.
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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?
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 in 6 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 0.5.
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 $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:
$77.18 (19.25% Upside)
$77.18 (19.25% 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
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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 (CNC) is a diversified, multi-national healthcare enterprise that serves as a major intermediary for government-sponsored and privately-insured healthcare programs. Primarily operating in the managed care sector, Centene provides a wide range of services to government healthcare programs, focusing on under-insured and uninsured individuals. Its core offerings include Medicaid, Medicare Advantage, and Marketplace insurance plans, along with specialty services such as behavioral health, pharmacy benefits management, and care management software.
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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
65.43% Medicaid
16.13% Medicare
14.46% Commercial
3.98% Other
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CNC Stock 12 Month Forecast
Average Price Target
$77.18
▲(19.25% Upside)
Technical Analysis
Best Analysts Covering CNC
1 Year
1 Year Success Rate
17/27 ratings generated profit
1 Year Average Return
+9.81%
reiterated a buy rating 6 months ago
Copying Sarah James's trades and holding each position for 1 Year would result in 62.96% of your transactions generating a profit, with an average return of +9.81% per trade.
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