In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Centene Corp (NYSE: CNC) closed at $27.89 up 1.68% from its previous closing price of $27.43. In other words, the price has increased by $1.68 from its previous closing price. On the day, 18.98 million shares were traded. CNC stock price reached its highest trading level at $28.31 during the session, while it also had its lowest trading level at $27.57.
Ratios:
For a deeper understanding of Centene Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.66.
On July 16, 2025, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $30.
Morgan Stanley Downgraded its Overweight to Equal-Weight on July 10, 2025, while the target price for the stock was maintained at $33.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNC now has a Market Capitalization of 13878148096 and an Enterprise Value of 14785250304. As of this moment, Centene’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.15, and their Forward P/E ratio for the next fiscal year is 5.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 0.096 whereas that against EBITDA is 2.28.
Stock Price History:
The Beta on a monthly basis for CNC is 0.42, which has changed by -0.57819116 over the last 52 weeks, in comparison to a change of 0.16260707 over the same period for the S&P500. Over the past 52 weeks, CNC has reached a high of $80.59, while it has fallen to a 52-week low of $27.34. The 50-Day Moving Average of the stock is -43.67%, while the 200-Day Moving Average is calculated to be -52.20%.
Shares Statistics:
For the past three months, CNC has traded an average of 9.42M shares per day and 18117820 over the past ten days. 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 98.10% stake in the company. Shares short for CNC as of 1751241600 were 9867242 with a Short Ratio of 1.05, compared to 1748563200 on 7820250. Therefore, it implies a Short% of Shares Outstanding of 9867242 and a Short% of Float of 2.27.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
