Centene Corporation [NYSE: CNC] stock went down by -2.79% or -1.56 points down from its previous closing price of $55.95. The stock reached $54.39 during the last trading session. During the course of the last 5 trading session in the week, CNC share price went up during 2 out of 5 days, that way losing -19.27% in the period of the last 7 days.

CNC had two major price movements with the latest trading session as the price jumped to a high of $56.57, at one point touching $53.54. The latest high is set lower that the high price recorded in the period of the last 52 weeks, set at $56.57. The 52-week high currently stands at $68.64 distance from the present share price, noting recovery -14.74% after the recent low of $41.62.

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

Its stock price has been found in the range of 41.62 to 68.64. This is compared to its latest closing price of $55.95.

Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on 04/28/2020.

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 +2.86, this company’s Net Margin is now 1.80%. 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 9.52, and its Return on Invested Capital has reached 4.90%. Its Return on Equity is 11.26, and its Return on Assets is 3.67. 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 109.36. Similarly, its Total Debt to Total Capital is 52.24, while its Total Debt to Total Assets stands at 35.39.

What about valuation? This company’s Enterprise Value to EBITDA is 14.48. The Enterprise Value to Sales for this firm is now 0.54, and its Total Debt to Enterprise Value stands at 0.34. Centene Corporation [CNC] has a Price to Book Ratio of 2.08, a Price to Cash Flow Ratio of 17.82 and P/E Ratio of 17.30. These metrics all suggest that Centene Corporation is more likely to generate a positive ROI.

Similarly, this company’s Total Asset Turnover is 2.08. This publicly-traded organization’s liquidity data is also interesting: its Current Ratio is 1.55.

Centene Corporation [CNC] has 588.92M shares outstanding, amounting to a total market cap of $32.03B. Its stock price has been found in the range of 41.62 to 68.64. At its current price, it has moved down by -20.76% from its 52-week high, and it has moved up 30.67% from its 52-week low.

This stock’s Beta value is currently 0.90, which indicates that it is 5.07% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 29.16. This stock, according to these metrics, is currently 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.