Stock Updates

A look at a High Market Cap Stock: Centene Corp., CNC

Centene Corp., CNC is in the exchange NYSE and its industry is Health Care Plans in the sector of Healthcare. Based in USA, Centene Corp., CNC  has a market cap of 12104.91. Since its IPO date on the 12/13/2001, Centene Corp., CNC performance year to date is 7.78%. Today Centene Corp., CNC has gained 2.80%, with a current price of 70.93.

Ownership of the company is 3.60% for insider ownership while institutional ownership is 94.30%. The management of the company have seen the company have a payout ratio of 0.00%. Return of assets are at 2.70%, with return on investment at 10.80%.

In terms of debt levels and profit levels, Centene Corp., CNC is seeing a long-term debt/equity of 0.81. While Total debt/equity is 0.81. With a profit margin of 1.10%, this is combined with a gross margin of *TBA, and operating margin of 2.40%. Centene Corp. ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year Centene Corp., CNC has seen a EPS growth of 29.90%. A performance for the year of 0.11%. The 52-week high is -6.29%, and the 52-week low is 49.77%. The average volume for Centene Corp., CNC is 1179968.

With a target price of 80.13, can Centene Corp., CNC reach this target? Looking at the value indicators of Centene Corp., CNC. Centene Corp. has a P/E of 31.64 and a forward P/E of 14.31. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.77. Centene Corp. also has a P/S and a P/B of 0.49 and 1.68 respectively. For P/cash, Centene Corp. has a value of 3.52, while it is *TBA for P/free cash flow.

At the current price of 70.93, Centene Corp. has a dividend yield of *TBA. We see a return on equity of 9.60%.

Looking more long-term Centene Corp., is projected to get an EPS growth for the next five years of 17.90%. In the short-term an EPS growth of 17.99% in the next year is forecasted. This is after a EPS growth of 29.90% for this year and for the last five years a 26.30% growth has been seen.

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

Tony Dabbs

Leave a Comment