Stock Updates

Centene Corp. (NYSE: CNC) – Is this large market cap stock undervalued?

Centene Corp. (NYSE: CNC), is firmly in the large market cap category with market cap of 11480.71. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Centene Corp. is 67.72 (with a change from open of 0.52%), this in conjunction with a target price of 80.88. Volume today has so far reached 307780, with an average volume of about 1796.97. The GAP for this stock, is 0.10%.

The P/E ratio is 26.88, bringing the forward P/E to a value of 13.87. The current EPS for Centene Corp., is 2.5, with a EPS growth for this year coming to a value of 29.90%. Performance has been interesting with performance year to date coming to 2.26%.

Looking further into the growth statistics for Centene Corp., EPS is looking like it will grow 11.00% in the next year. Looking even further it is projected to be 17.41%. Quarter over quarter is 36.70% for EPS growth and for sales growth quarter over quarter it is 97.90%. Looking at past EPS growth statistics we see that for the past five years it has been 26.30%. Sales growth for the past five years has in fact been 38.60%.

Looking at the ownership, we see that the insider ownership is at 3.40% and institutional ownership is 95.00%. Shares outstanding is 170.59, while shares float is at a value of 167.82. Float short for Centene Corp. is 4.32% and the short ratio is 4.03.

In terms of debt, long term debt/equity is 0.66, while the total debt/equity comes to 0.81. The ability to meet these debts, means that the current ratio is , and the quick ratio is . The most recent gross margin is and their operating margin is 2.70%. The profit margin is 1.20%.

Centene Corp. has seen returns on assets of 2.70%, and on investment, 10.80%. Return on equity is 9.50%. Price/Earnings to growth ratio is 1.54. Price/Sales ratio is at a value of 0.38, with Price/book ratio coming to 2.08 and Price/cash is 4.24, and finally Price/Free cash Flow is .

The simple moving averages are -2.86% and 6.49% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -10.39% and the 52 week low is 42.99%.

Centene Corp. has a dividend yield of , with a current price of 67.72. The ability to pay this means the payout ratio is 0.00%. This is in an industry, Health Care Plans, with equally high dividends from other companies in this sector, which it is Healthcare. Centene Corp. is based in USA.

Performance in the Health Care Plans industry means that Centene Corp. has seen performance for the past week of 0.67%, with performance for the month coming to -1.28%. Looking at the data for the quarter it is at a value of 0.43%, and for the half year the performance is 5.37%. Volatility for this week is 2.26% and for the month this is 2.34%.

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

Stephen Butters

Leave a Comment