Centene Corporation (CNC): Price and Financial Metrics


Centene Corporation (CNC): $69.20

0.81 (+1.18%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CNC POWR Grades


  • CNC scores best on the Value dimension, with a Value rank ahead of 96.31% of US stocks.
  • The strongest trend for CNC is in Momentum, which has been heading down over the past 206 days.
  • CNC's current lowest rank is in the Momentum metric (where it is better than 48.72% of US stocks).

CNC Stock Summary

  • Centene Corp's market capitalization of $39,853,231,399 is ahead of 93.76% of US-listed equities.
  • CNC's price/sales ratio is 0.35; that's higher than the P/S ratio of only 5.85% of US stocks.
  • The volatility of Centene Corp's share price is greater than that of just 3.79% 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 BAX, TEL, ZBH, TRV, and ALL.
  • CNC's SEC filings can be seen here. And to visit Centene Corp's official web site, go to www.centene.com.

CNC Price Target

For more insight on analysts targets of CNC, see our CNC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $78.97 Average Broker Recommendation 1.5 (Moderate Buy)

CNC Stock Price Chart Interactive Chart >

Price chart for CNC

CNC Price/Volume Stats

Current price $69.20 52-week high $72.31
Prev. close $68.39 52-week low $53.60
Day low $68.42 Volume 2,980,700
Day high $69.35 Avg. volume 3,863,850
50-day MA $64.10 Dividend yield N/A
200-day MA $62.53 Market Cap 40.33B

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:
$69.20$239.59 267%

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 79th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Centene Corp ended up being:

  • The company's balance sheet shows it gets 70% of its capital from equity, and 30% of its capital from debt. Notably, its equity weight is greater than just 19.73% of US equities in the Healthcare sector yielding a positive free cash flow.
  • Centene Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 6.52% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%260%
1%263%
2%267%
3%271%
4%274%
5%278%

For other companies in the Healthcare that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CNC, try CI, LHCG, HNGR, LH, and GTS.


CNC Latest News Stream


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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.

Centene Finally Looks Ready to Make a Move Higher

In this daily bar chart of CNC, below, we can see that prices dipped into late April but then quickly reversed to the upside. The On-Balance-Volume (OBV) line has been gaining strength from the middle of February and tells us that buyers are now more aggressive. The Moving Average Convergence Divergence (MACD) oscillator is pointed upwards.

Yahoo | May 14, 2021

The Zacks Analyst Blog Highlights: Centene Corp, Molina Healthcare, UnitedHealthGroup, Cigna Corp and HCA Healthcare

The Zacks Analyst Blog Highlights: Centene Corp, Molina Healthcare, UnitedHealthGroup, Cigna Corp and HCA Healthcare

Yahoo | May 14, 2021

Richard Snow Adds Alliance Data Systems, Lockheed Martin to Portfolio

Guru discloses 1st-quarter trades

Yahoo | May 12, 2021

Centene To Present At BofA Virtual Healthcare Conference

Centene Corporation (NYSE: CNC) announced today it will present at the BofA Securities 2021 Healthcare Conference, to be held May 11-13, 2021

Yahoo | May 7, 2021

Centene Appoints Drew Asher as Chief Financial Officer

Centene Corporation (NYSE: CNC) announced today that Drew Asher is appointed Executive Vice President and Chief Financial Officer, effective today. He will report to Michael Neidorff, Centene Chairman, President and CEO.

Yahoo | May 7, 2021

Read More 'CNC' Stories Here

CNC Price Returns

1-mo 7.72%
3-mo 16.89%
6-mo 2.26%
1-year 0.73%
3-year 22.41%
5-year 142.21%
YTD 15.28%
2020 -4.52%
2019 9.05%
2018 14.29%
2017 78.52%
2016 -14.13%

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