CNC

Don't Buy Centene Before Checking Its Fundamentals!

More and more people are talking about Centene over the last few weeks. Is it worth buying the Medical Specialities stock at a price of $66.52? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Centene has moved -24.0% over the last year, and the S&P 500 logged a change of -5.4%

  • CNC has an average analyst rating of buy and is -24.88% away from its mean target price of $88.55 per share

  • Its trailing earnings per share (EPS) is $2.07

  • Centene has a trailing 12 month Price to Earnings (P/E) ratio of 32.1 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $7.07 and its forward P/E ratio is 9.4

  • The company has a Price to Book (P/B) ratio of 1.5 in contrast to the S&P 500's average ratio of 2.95

  • Centene is part of the Health Care sector, which has an average P/E ratio of 24.45 and an average P/B of 4.16

  • The company has a free cash flow of $3,337,250,048.00, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. It operates in two segments, Managed Care and Specialty Services.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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