Quick Look at Centene (CNC)

By Ken Smith • Tuesday, December 05 17:18 • Permanent Link

Join us for a quick overview of Centene, a Medical Specialities company whose shares moved 1.3% today. Here are some facts about the stock that should help you see the bigger picture:

Centene has moved -13.0% over the last year, and the S&P 500 logged a change of 17.0%
CNC has an average analyst rating of buy and is -10.2% away from its mean target price of $83.53 per share
Its trailing earnings per share (EPS) is $4.51
Centene has a trailing 12 month Price to Earnings (P/E) ratio of 16.6 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $6.77 and its forward P/E ratio is 11.1
The company has a Price to Book (P/B) ratio of 1.59 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 30.21 and an average P/B of 4.08
CNC has reported YOY quarterly earnings growth of -31.6% and gross profit margins of 0.2%
The company has a free cash flow of $4.35 Billion, 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 Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. This segment also provides a variety of individual, small group, and large group commercial healthcare products to employers and members. This segment also offers various individual, small group, and large group commercial healthcare products to employers and members. The Specialty Services segment offers behavioral health and employee assistance plans; clinical healthcare, primary care, various specialty services, and a suite of social and other support services; data analytics solutions; administrative services to Military Health System eligible beneficiaries; traditional pharmacy clinical and administrative services as well as specialized pharmacy benefit services through its specialty pharmacy business; and vision and dental health services. This segment provides auxiliary healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations; and engages in the government contracts business under the TRICARE program and other healthcare related government contracts. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

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