Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $54.91 in the prior trading day, Centene Corp (NYSE: CNC) closed at $55.37, up 0.84%. In other words, the price has increased by $0.84 from its previous closing price. On the day, 3.93 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CNC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.66.
On April 08, 2025, Jefferies Upgraded its rating to Hold which previously was Underperform but kept the price unchanged to $64.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 21 ’25 when FASOLA KENNETH J bought 8,500 shares for $59.06 per share.
Greco Thomas bought 17,000 shares of CNC for $1,015,750 on Dec 18 ’24. The Director now owns 19,309 shares after completing the transaction at $59.75 per share. On Dec 16 ’24, another insider, Dallas H James, who serves as the Director of the company, bought 1,693 shares for $59.01 each. As a result, the insider paid 99,904 and bolstered with 1,693 shares of the company.
Valuation Measures:
As of this moment, Centene’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.24, and their Forward P/E ratio for the next fiscal year is 6.98. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.99.
Stock Price History:
Over the past 52 weeks, CNC has reached a high of $80.59, while it has fallen to a 52-week low of $54.08. The 50-Day Moving Average of the stock is -8.08%, while the 200-Day Moving Average is calculated to be -12.79%.
Shares Statistics:
A total of 497.52M shares are outstanding, with a floating share count of 491.78M. Insiders hold about 1.17% of the company’s shares, while institutions hold 98.57% stake in the company.
