Centene Corp Stock Today

CNC Stock  USD 56.86  0.05  0.09%   

Performance

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Strong

Odds Of Distress

Very Low

 
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Centene Corp is trading at 56.86 as of the 17th of February 2025, a 0.09% increase since the beginning of the trading day. The stock's open price was 56.81. Centene Corp has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Centene Corp's common stock.
Business Domain
Health Care Equipment & Services
IPO Date
13th of December 2001
Category
Healthcare
Classification
Health Care
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene Corporation was founded in 1984 and is headquartered in St. Centene Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. The company has 495.91 M outstanding shares of which 6.67 M shares are currently shorted by investors with about 1.67 days to cover. More on Centene Corp

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Centene Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORich Fisher
Thematic Ideas
(View all Themes)
Old Names[Changshouhua Food Company Limited, Traphaco High Tech JSC]
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, Obamacare, Insurance, Health Care, Health Care Providers & Services, Healthcare Plans, Healthcare (View all Sectors)
Excise Tax ActivitiesCatholic
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.632.09
Significantly Up
Slightly volatile
Gross Profit Margin0.210.2124
Fairly Down
Slightly volatile
Total Current Liabilities44.3 B42.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total28 B26.7 B
Sufficiently Up
Slightly volatile
Total Assets102.2 B97.3 B
Sufficiently Up
Slightly volatile
Total Current Assets49.2 B46.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities146.3 M154 M
Notably Down
Slightly volatile
Debt Levels
Centene Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Centene Corp's financial leverage. It provides some insight into what part of Centene Corp's total assets is financed by creditors.
Liquidity
Centene Corp has 18.88 B in debt with debt to equity (D/E) ratio of 0.84, which is OK given its current industry classification. Centene Corp has a current ratio of 1.04, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Centene to invest in growth at high rates of return.

Free Cash Flow

(465.5 Million)
Centene Corp (CNC) is traded on New York Stock Exchange in USA. It is located in Centene Plaza, Saint Louis, MO, United States, 63105 and employs 67,700 people. Centene Corp is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 28.2 B. Centene Corp runs under Health Care Providers & Services sector within Health Care industry. The entity has 495.91 M outstanding shares of which 6.67 M shares are currently shorted by investors with about 1.67 days to cover. Centene Corp has about 12.07 B in cash with 154 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 30.34.
Check Centene Corp Probability Of Bankruptcy
Ownership Allocation
Centene Corp holds a total of 495.91 Million outstanding shares. The majority of Centene Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Centene Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Centene Corp. Please pay attention to any change in the institutional holdings of Centene Corp as this could imply that something significant has changed or is about to change at the company. Please note that on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Centene Corp's common stock.
Check Centene Ownership Details

Centene Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-09-30
8.7 M
Arrowstreet Capital Limited Partnership2024-09-30
7.1 M
Ubs Asset Mgmt Americas Inc2024-09-30
5.8 M
Morgan Stanley - Brokerage Accounts2024-09-30
5.6 M
Aqr Capital Management Llc2024-09-30
5.4 M
Carmignac Gestion2024-12-31
4.9 M
Deutsche Bank Ag2024-09-30
4.9 M
Ameriprise Financial Inc2024-09-30
4.9 M
Northern Trust Corp2024-09-30
4.9 M
Vanguard Group Inc2024-12-31
58.1 M
Blackrock Inc2024-09-30
45.6 M
View Centene Corp Diagnostics

Centene Corp Historical Income Statement

At present, Centene Corp's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 171.2 B, whereas Discontinued Operations is forecasted to decline to about 1.8 M. View More Fundamentals

Centene Stock Against Markets

Centene Corp Corporate Directors

Richard GephardtIndependent DirectorProfile
David StewardIndependent DirectorProfile
Lori RobinsonIndependent DirectorProfile
Robert DitmorePresiding Independent DirectorProfile
When determining whether Centene Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centene Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Centene Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centene Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centene Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Centene Corp. If investors know Centene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Centene Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.266
Earnings Share
6.31
Revenue Per Share
282.276
Quarterly Revenue Growth
0.027
Return On Assets
0.0379
The market value of Centene Corp is measured differently than its book value, which is the value of Centene that is recorded on the company's balance sheet. Investors also form their own opinion of Centene Corp's value that differs from its market value or its book value, called intrinsic value, which is Centene Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centene Corp's market value can be influenced by many factors that don't directly affect Centene Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centene Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centene Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centene Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.