In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Centene Corp (NYSE: CNC) was $30.64 for the day, down -2.54% from the previous closing price of $31.44. In other words, the price has decreased by -$2.54 from its previous closing price. On the day, 14.45 million shares were traded. CNC stock price reached its highest trading level at $31.6199 during the session, while it also had its lowest trading level at $30.59.
Ratios:
Our analysis of CNC’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.66.
On July 02, 2025, UBS Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $45.
JP Morgan Downgraded its Overweight to Neutral on July 02, 2025, while the target price for the stock was maintained at $48.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 15246556160 and an Enterprise Value of 28145891328. As of this moment, Centene’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.56, and their Forward P/E ratio for the next fiscal year is 3.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 0.184 whereas that against EBITDA is 4.341.
Stock Price History:
The Beta on a monthly basis for CNC is 0.45, which has changed by -0.55664885 over the last 52 weeks, in comparison to a change of 0.10611236 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 $31.40. The 50-Day Moving Average of the stock is -42.56%, while the 200-Day Moving Average is calculated to be -48.69%.
Shares Statistics:
CNC traded an average of 8.10M shares per day over the past three months and 25152300 shares per day 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 98.11% stake in the company. Shares short for CNC as of 1749772800 were 9306435 with a Short Ratio of 1.22, compared to 1747267200 on 10926586. Therefore, it implies a Short% of Shares Outstanding of 9306435 and a Short% of Float of 2.1399999999999997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current rating of Centene Corp (CNC) reflects the combined expertise of 17.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $1.53, with high estimates of $1.85 and low estimates of $1.17.
Analysts are recommending an EPS of between $7.5 and $7.0 for the fiscal current year, implying an average EPS of $7.28. EPS for the following year is $7.91, with 18.0 analysts recommending between $8.29 and $7.19.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $46.3B to a low estimate of $43.58B. As of the current estimate, Centene Corp’s year-ago sales were $39.84BFor the next quarter, 11 analysts are estimating revenue of $44.88B. There is a high estimate of $46.63B for the next quarter, whereas the lowest estimate is $44.11B.
A total of 17 analysts have provided revenue estimates for CNC’s current fiscal year. The highest revenue estimate was $186.06B, while the lowest revenue estimate was $172.36B, resulting in an average revenue estimate of $179.76B. In the same quarter a year ago, actual revenue was $163.07BBased on 14 analysts’ estimates, the company’s revenue will be $182.08B in the next fiscal year. The high estimate is $193.28B and the low estimate is $175.17B.
