Centene Corporation (CNC): Price and Financial Metrics


Centene Corporation (CNC)

Today's Latest Price: $55.41 USD

1.11 (2.04%)

Updated Sep 25 7:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 9 in Medical - Health Insurance

See all "A" rated Strong Buy stocks

CNC Stock Summary

  • With a market capitalization of $32,108,407,156, Centene Corp has a greater market value than 94.13% of US stocks.
  • With a year-over-year growth in debt of 135.69%, Centene Corp's debt growth rate surpasses 89.59% of about US stocks.
  • The volatility of Centene Corp's share price is greater than that of only 2.33% 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 VFC, HSY, ALL, EMR, and ROST.
  • CNC's SEC filings can be seen here. And to visit Centene Corp's official web site, go to www.centene.com.
CNC Daily Price Range
CNC 52-Week Price Range

CNC Stock Price Chart Technical Analysis Charts


CNC Price/Volume Stats

Current price $55.41 52-week high $74.70
Prev. close $54.30 52-week low $41.62
Day low $54.00 Volume 3,883,278
Day high $55.56 Avg. volume 4,776,677
50-day MA $61.79 Dividend yield N/A
200-day MA $62.63 Market Cap 32.11B

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:
$55.41$62.93 16%

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 47th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 16.5%. In terms of the factors that were most noteworthy in this DCF analysis for CNC, they are:

  • Centene Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 8.5% of tickers in our DCF set.
  • As a business, Centene Corp experienced a tax rate of about 24% over the past twelve months; relative to its sector (Healthcare), this tax rate is higher than 87.69% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%14%
1%15%
2%16%
3%17%
4%18%
5%19%

For other companies in the Healthcare that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CNC, try HAE, HRC, EBS, REGN, and HBIO.


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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 prices notes offering

Centene (CNC) has priced its public offering of $2.2B aggregate principal amount of 3.00% senior notes due 2030.Closing date is October 7. Net proceeds along with cash on hand will be used to redeem notes, including all premiums, accrued interest and costs and expenses related to the 2022 notes redemption...

Seeking Alpha | September 24, 2020

Centene (CNC) Offers Senior Unsecured Notes Valued $2.2B

Centene (CNC) exhibits prudence by issuing senior notes amid a low interest rate environment to procure funds.

Yahoo | September 24, 2020

Centene Corporation -- Moody's rates Centene’s senior notes Ba1; outlook stable

/nwsys/www/images/PR_1000003360 Yahoo | September 24, 2020

Centene Corporation Prices Offering of Senior Notes

Centene Corporation (NYSE: CNC) ("Centene" or the "Company") announced today that it has priced its previously announced underwritten public offering of $2,200,000,000 aggregate principal amount of 3.00% senior notes due 2030 (the "Notes"). The offering is expected to close on or about October 7, 2020, subject to customary closing conditions.

Yahoo | September 23, 2020

Centene Corporation Announces Offering of Senior Notes

Centene Corporation (NYSE: CNC) ("Centene" or the "Company") announced today that it has commenced an underwritten public offering to sell $2,200,000,000 of senior notes due 2030 (the "Notes"), subject to market and other conditions.

Yahoo | September 23, 2020

Read More 'CNC' Stories Here

CNC Price Returns

1-mo -8.38%
3-mo -11.47%
6-mo -6.73%
1-year 28.35%
3-year 15.63%
5-year 109.61%
YTD -11.87%
2019 9.05%
2018 14.29%
2017 78.52%
2016 -14.13%
2015 26.74%

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