Centene Corporation (CNC): Price and Financial Metrics


Centene Corporation (CNC)

Today's Latest Price: $58.33 USD

1.77 (-2.95%)

Updated Jan 27 3:41pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 8 in Medical - Health Insurance

See all "A" rated Strong Buy stocks

CNC Stock Summary

  • CNC has a market capitalization of $34,845,840,688 -- more than approximately 93.31% of US stocks.
  • With a price/sales ratio of 0.34, Centene Corp has a higher such ratio than only 7.63% of stocks in our set.
  • The volatility of Centene Corp's share price is greater than that of merely 3.27% US stocks with at least 200 days of trading history.
  • If you're looking for stocks that are quantitatively similar to Centene Corp, a group of peers worth examining would be ALL, JCI, HSY, VIAC, and CRH.
  • Visit CNC's SEC page to see the company's official filings. To visit the company's web site, go to www.centene.com.

CNC Stock Price Chart Interactive Chart >

Price chart for CNC

CNC Price/Volume Stats

Current price $58.33 52-week high $74.70
Prev. close $60.10 52-week low $43.96
Day low $57.80 Volume 4,433,495
Day high $59.50 Avg. volume 4,050,448
50-day MA $62.92 Dividend yield N/A
200-day MA $63.75 Market Cap 33.82B

Centene Corporation (CNC) Company Bio


Centene Corporation provides a portfolio of services to government-sponsored healthcare programs, focusing on under-insured and uninsured individuals. The company was founded in 1984 and is based in St. Louis, Missouri.

CNC Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$58.33$16.89 -72%

Below please find a table outlining a discounted cash flow forecast for CNC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Centene Corp ranked in the 24th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for CNC, they are:

  • The company's balance sheet shows it gets 68% of its capital from equity, and 32% of its capital from debt. Its equity weight surpasses that of merely 18.59% of free cash flow generating stocks in the Healthcare sector.
  • Centene Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 6.67% of tickers in our DCF set.
  • Centene Corp's effective tax rate, as measured by taxes paid relative to net income, is at 22 -- greater than 84.25% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-72%
1%-72%
2%-72%
3%-72%
4%-71%
5%-71%

For other companies in the Healthcare that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CNC, try DHR, EDAP, ICUI, NRC, and WAT.


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Latest CNC News From Around the Web

Below are the latest news stories about Centene Corp that investors may wish to consider to help them evaluate CNC as an investment opportunity.

Health Insurance Market To Witness Massive Growth | Competitive Outlook Unitedhealth Group, Anthem Insurance Companies, Inc., Aetna Inc., Centene Corporation

Databridgemarketresearch.com Present “Health Insurance Market– Industry Trends and Forecast to 2027” new report to its research database. The report first introduces the market basics like definitions, classifications, applications and industry chain overview, and then industry policies and plans, product specifications,

OpenPR | January 25, 2021

Health Net Federal Services Launches Pilot Program Aimed To Improve Patient Outcomes While Maintaining Budget Certainty Through High-Value Care

Health Net Federal Services, LLC (HNFS), a wholly-owned subsidiary of Centene Corporation (NYSE: CNC), announced today that it launched the Buckley Prime Service Area (PSA) Pilot in the Denver, Colorado area surrounding Buckley Air Force Base (AFB) on January 1, 2021. HNFS is currently the West Region Managed Care Support Contractor for TRICARE, the military health system program for uniformed service members, retirees, and their families worldwide.

Yahoo | January 25, 2021

Cramer Advises Viewers On Clover, Nio And More

On CNBC's "Mad Money Lightning Round," Jim Cramer advised a viewer to buy Centene Corp (NYSE: CNC ) instead of Clover Health Investments Corp (NASDAQ: CLOV ). Cramer … Full story available on Benzinga.com

Benzinga | January 22, 2021

FPA Capital Exits Centene, Vonage Holdings

Fund's largest sales of the 4th quarter

Yahoo | January 21, 2021

WellCare to Pilot National At-Home COVID-19 Testing Program for Medicare Advantage Members

ST. LOUIS and TAMPA, Fla., Jan. 19, 2021 /PRNewswire/ -- WellCare, a wholly owned subsidiary of Centene Corporation, announced today it will pilot an at-home COVID-19 testing and flu prevention program that will enable eligible Medicare Advantage members to test for COVID-19 infection…

PR Newswire | January 19, 2021

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CNC Price Returns

1-mo -0.85%
3-mo 0.00%
6-mo -10.61%
1-year -10.61%
3-year 5.29%
5-year 87.98%
YTD -2.83%
2020 -4.52%
2019 9.05%
2018 14.29%
2017 78.52%
2016 -14.13%

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