Centene Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 32/78 in the Healthcare Providers & Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 41.90.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Centene Corp's Score
Industry at a Glance
Industry Ranking
32 / 78
Overall Ranking
166 / 4582
Industry
Healthcare Providers & Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
22
analysts
Hold
Current Rating
41.901
Target Price
+10.61%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Centene Corp Highlights
StrengthsRisks
Centene Corporation is a healthcare company. The Company provides fully integrated services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Its segments include Medicaid, Medicare, Commercial and Other. Specifically, the Medicaid segment includes the Temporary Assistance for Needy Families (TANF) program, Medicaid Expansion programs, the Aged, Blind or Disabled (ABD) program, the Children's Health Insurance Program (CHIP), Long-Term Services and Supports (LTSS), Foster Care, Medicare-Medicaid Plans (MMP), which cover beneficiaries who are dually eligible for Medicaid and Medicare and other state-based programs. The Medicare segment includes Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans and Medicare Prescription Drug Plans. The Commercial segment includes the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 163.07B.
Undervalued
The company’s latest PE is -3.66, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 474.25M shares, increasing 0.01% quarter-over-quarter.
Centene Corporation is a healthcare company. The Company provides fully integrated services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Its segments include Medicaid, Medicare, Commercial and Other. Specifically, the Medicaid segment includes the Temporary Assistance for Needy Families (TANF) program, Medicaid Expansion programs, the Aged, Blind or Disabled (ABD) program, the Children's Health Insurance Program (CHIP), Long-Term Services and Supports (LTSS), Foster Care, Medicare-Medicaid Plans (MMP), which cover beneficiaries who are dually eligible for Medicaid and Medicare and other state-based programs. The Medicare segment includes Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans and Medicare Prescription Drug Plans. The Commercial segment includes the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products.
Ticker SymbolCNC
CompanyCentene Corp
CEOLondon (Sarah M)
Websitehttps://www.centene.com/
FAQs
What is the current price of Centene Corp (CNC)?
The current price of Centene Corp (CNC) is 39.035.
What is the symbol of Centene Corp?
The ticker symbol of Centene Corp is CNC.
What is the 52-week high of Centene Corp?
The 52-week high of Centene Corp is 66.810.
What is the 52-week low of Centene Corp?
The 52-week low of Centene Corp is 25.075.
What is the market capitalization of Centene Corp?
The market capitalization of Centene Corp is 19.18B.
What is the net income of Centene Corp?
The net income of Centene Corp is 3.31B.
Is Centene Corp (CNC) currently rated as Buy, Hold, or Sell?
According to analysts, Centene Corp (CNC) has an overall rating of Hold, with a price target of 41.901.
What is the Earnings Per Share (EPS TTM) of Centene Corp (CNC)?
The Earnings Per Share (EPS TTM) of Centene Corp (CNC) is -10.669.