Centene Corp

Company Profile

Centene Corp had its IPO on 2001-12-13 under the ticker symbol CNC.

The company operates in the Healthcare sector and Healthcare Plans industry. Centene Corp has a staff strength of 74,300 employees.

Stock update

Shares of Centene Corp opened at $66.05 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $65.13 - $67.04, and closed at $67.02.

This is a +0.9% increase from the previous day's closing price.

A total volume of 4,114,554 shares were traded at the close of the day’s session.

In the last one week, shares of Centene Corp have increased by +9.38%.

Centene Corp's Key Ratios

Centene Corp has a market cap of $36.95 billion, indicating a price to book ratio of 1.852 and a price to sales ratio of 0.3411.

In the last 12-months Centene Corp’s revenue was $137.02 billion with a gross profit of $24.47 billion and an EBITDA of $6.10 billion. The EBITDA ratio measures Centene Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Centene Corp’s operating margin was 3.35% while its return on assets stood at 3.46% with a return of equity of 5.63%.

In Q1, Centene Corp’s quarterly earnings growth was a positive 41.7% while revenue growth was a positive 3%.

Centene Corp’s PE and PEG Ratio

Forward PE

13.0719

Trailing PE

23.7113

PEG

0.9795

Its diluted EPS in the last 12-months stands at $2.84 per share while it has a forward price to earnings multiple of 13.0719 and a PEG multiple of 0.9795. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Centene Corp’s profitability.

Centene Corp stock is trading at a EV to sales ratio of 0.363 and a EV to EBITDA ratio of 10.6521. Its price to sales ratio in the trailing 12-months stood at 0.3411.

Centene Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$82.98 billion

Total Liabilities

$32.86 billion

Operating Cash Flow

$-253000000.00

Capital Expenditure

$225 million

Dividend Payout Ratio

0%

Centene Corp ended 2024 with $82.98 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $82.98 billion while shareholder equity stood at $25.04 billion.

Centene Corp ended 2024 with $0 in deferred long-term liabilities, $32.86 billion in other current liabilities, 1000000.00 in common stock, $10.47 billion in retained earnings and $18.84 billion in goodwill. Its cash balance stood at $15.85 billion and cash and short-term investments were $17.99 billion. The company’s total short-term debt was $274,000,000 while long-term debt stood at $18.22 billion.

Centene Corp’s total current assets stands at $35.01 billion while long-term investments were $15.83 billion and short-term investments were $2.14 billion. Its net receivables were $15.21 billion compared to accounts payable of $10.60 billion and inventory worth $0.

In 2024, Centene Corp's operating cash flow was $-253000000.00 while its capital expenditure stood at $225 million.

Comparatively, Centene Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$67.02

52-Week High

$98.53

52-Week Low

$61.34

Analyst Target Price

$85.06

Centene Corp stock is currently trading at $67.02 per share. It touched a 52-week high of $98.53 and a 52-week low of $98.53. Analysts tracking the stock have a 12-month average target price of $85.06.

Its 50-day moving average was $65.95 and 200-day moving average was $70.06 The short ratio stood at 2.28 indicating a short percent outstanding of 0%.

Around 64.7% of the company’s stock are held by insiders while 9728% are held by institutions.