Market Recap: Centene Corp (CNC)’s Negative Momentum, Closing at 55.93

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The closing price of Centene Corp (NYSE: CNC) was $55.93 for the day, down -2.98% from the previous closing price of $57.65. In other words, the price has decreased by -$2.98 from its previous closing price. On the day, 4.62 million shares were traded.

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.

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:

As of this moment, Centene’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.33, and their Forward P/E ratio for the next fiscal year is 6.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. 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 1.00.

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 $55.03. The 50-Day Moving Average of the stock is -7.59%, while the 200-Day Moving Average is calculated to be -12.47%.

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 98.60% stake in the company.

Earnings Estimates

As of right now, 16.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $1.55, with high estimates of $1.85 and low estimates of $1.17.

Analysts are recommending an EPS of between $7.5 and $7.24 for the fiscal current year, implying an average EPS of $7.3. EPS for the following year is $7.96, with 16.0 analysts recommending between $8.6 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 15 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 $179.58B. In the same quarter a year ago, actual revenue was $163.07BBased on 13 analysts’ estimates, the company’s revenue will be $182.26B in the next fiscal year. The high estimate is $193.28B and the low estimate is $175.17B.

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