Market Recap: Centene Corp (CNC)’s Negative Momentum, Closing at 58.07

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

The closing price of Centene Corp (NYSE: CNC) was $58.07 for the day, down -4.40% from the previous closing price of $60.74. In other words, the price has decreased by -$4.40 from its previous closing price. On the day, 4.31 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 8.65, and their Forward P/E ratio for the next fiscal year is 7.25. 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 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.03.

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 -4.22%, while the 200-Day Moving Average is calculated to be -9.51%.

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 98.68% stake in the company.

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