Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
After finishing at $60.70 in the prior trading day, Centene Corp (NYSE: CNC) closed at $58.01, down -4.43%. In other words, the price has decreased by -$4.43 from its previous closing price. On the day, 4.51 million shares were traded. CNC stock price reached its highest trading level at $60.935 during the session, while it also had its lowest trading level at $57.845.
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 0.74 whereas as Long-Term Debt/Eq ratio is at 0.73.
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:
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 30110844928 and an Enterprise Value of 31619512320. As of this moment, Centene’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.29, and their Forward P/E ratio for the next fiscal year is 7.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 0.215 whereas that against EBITDA is 5.11.
Stock Price History:
The Beta on a monthly basis for CNC is 0.48, which has changed by -0.23510021 over the last 52 weeks, in comparison to a change of 0.017286062 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 $55.03. The 50-Day Moving Average of the stock is -2.62%, while the 200-Day Moving Average is calculated to be -11.05%.
Shares Statistics:
The stock has traded on average 4.69M shares per day over the past 3-months and 4864130 shares per day over the last 10 days, according to various share statistics. A total of 495.91M shares are outstanding, with a floating share count of 489.96M. Insiders hold about 1.23% of the company’s shares, while institutions hold 98.59% stake in the company. Shares short for CNC as of 1743379200 were 7135414 with a Short Ratio of 1.52, compared to 1740700800 on 6051925. Therefore, it implies a Short% of Shares Outstanding of 7135414 and a Short% of Float of 1.6500000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
