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Is this Large Market Cap Stock target price reasonable for Centene Corporation (NYSE:CNC) ?

The company in question is, Centene Corporation (NYSE:CNC) currently with a stock price of 71.73 (0.04% today). The market cap for Centene Corporation is 12351.91, and is in the sector Healthcare, and Health Care Plans industry. The target price for Centene Corporation is 80.18. Currently Centene Corporation is trading with a P/E of 22.88, and a forward P/E of 13.57. Average volume for Centene Corporation is 1786.59 and so far today it is 1669000.

Performance in the last year for Centene Corporation has been 20.15%. For EPS growth, Centene Corporation has seen a growth of 17.80%, and is looking to grow in the next year to 12.49%. More long term stats show that EPS growth has been 24.30% over the last five years and could be 14.91% for the next five years. Centene Corporation has seen sales growth quarter over quarter at 89.00%, with EPS growth quarter over quarter at 59.60%. The 20-day simple moving average is 1.63%, with the 200-day simple moving average coming to 9.54%.

Since the IPO date for Centene Corporation on the 12/13/2001, Centene Corporation has seen performance year to date to be 26.93%. With Centene Corporation trading at 71.73, the dividend yield is *TBA, and the EPS is 3.14.

So could Centene Corporation, be undervalued? Well as said before P/E is 22.88. The PEG is 1.53, P/S is 0.3 and the P/B is at 2.08. The P/cash is 3.14, with P/free cash flow at 49.81.

Centene Corporation ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.79, and total debt/equity at 0.79.

In terms of margins, Centene Corporation has a gross margin of *TBA, an operating margin of 3.10% and a profit margin of 1.40%.Payout ratio for Centene Corporation is 0.00%. Return on assets come to 2.90% with return on investment coming to 6.30%.

Insider ownership for Centene Corporation, is at 3.40% and institutional ownership comes to 92.50%. Outstanding shares are at 172.2. While shares float is 166.78. The float short is currently 2.42%, and short ratio is 2.26.

Graphs: Centene Corporation NYSE: CNC | Friday April 21, 2017


Centene Corporation NYSE: CNC




Centene Corporation NYSE: CNC

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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