Centene Corporation [CNC] is following downward trend in the market concluded with the last trading session. The shares of the Healthcare sector company has a current value of $63.17 after CNC shares went down by -0.36% during the last trading session. One of the reasons why Healthcare stocks may go bearish is decreased momentum in the press.

Centene Corporation [NYSE:CNC]: Analyst Rating and Earnings

Its stock price has been found in the range of 41.62 to 69.25. This is compared to its latest closing price of $63.40.

Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Tue 4 Feb (In 21 Days).

Fundamental Analysis of Centene Corporation [CNC]

Now let’s turn to look at profitability: with a current Operating Margin for Centene Corporation [CNC] sitting at +2.43, this company’s Net Margin is now 1.90%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.

This company’s Return on Total Capital is 9.96, and its Return on Invested Capital has reached 5.60%. Its Return on Equity is 10.13, and its Return on Assets is 3.41. These metrics suggest that this Centene Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.

Turning to investigate this organization’s capital structure, Centene Corporation [CNC] has generated a Total Debt to Total Equity ratio of 61.24. Similarly, its Total Debt to Total Capital is

37.98, while its Total Debt to Total Assets stands at 21.64.

What about valuation? This company’s Enterprise Value to EBITDA is 13.65. The Enterprise Value to Sales for this firm is now 0.37, and its Total Debt to Enterprise Value stands at 0.22. Centene Corporation [CNC] has a Price to Book Ratio of 2.18, a Price to Cash Flow Ratio of 18.62 and P/E Ratio of 19.59. These metrics all suggest that Centene Corporation is more likely to generate a positive ROI.

Shifting the focus to workforce efficiency, Centene Corporation [CNC] earns $1,270,951 for each employee under its payroll. Similarly, this company’s Total Asset Turnover is 2.28. This publicly-traded organization’s liquidity data is also interesting: its Current Ratio is 0.94.

Centene Corporation [CNC] has 411.74M shares outstanding, amounting to a total market cap of $26.01B. Its stock price has been found in the range of 41.62 to 69.25. At its current price, it has moved down by -8.77% from its 52-week high, and it has moved up 51.76% from its 52-week low.

This stock’s Beta value is currently 0.95, which indicates that it is 1.86% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 58.55. This RSI score is good, suggesting this stock is neither overbought or oversold.

Conclusion: Is Centene Corporation [CNC] a Reliable Buy?

Centene Corporation [CNC] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.