Overall Fundamental outlook

Business Operations:

Sector: Healthcare
Industry: Healthcare Plans

Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.

Revenue projections:

Revenue projections for CNC
Revenue projections for CNC

Centene Corporation is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 1.123000
forwardPE 12.511184
debtToEquity 76.049000
earningsGrowth 0.186000
revenueGrowth 0.155000
grossMargins 0.111290
operatingMargins 0.037260
trailingEps -13.050000
forwardEps 4.314540

Centene Corporation's current ratio, being 1.123, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, Centene Corporation is well-equipped to meet its immediate financial obligations without any difficulties.
Centene Corporation's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
CNC's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that CNC will continue to grow its operations, driven by increasing profits and revenue.

Price projections:

Price projections for CNC
Price projections for CNC

The price of CNC has consistently been close to the lower limit of expectations. This trend may point to challenges in the company's performance, leading to concerns about its future growth potential.

Insider Transactions:

Insider Transactions for CNC
Insider Transactions for CNC


There were 1 CNC sales transactions, at market price of 38.849998474121094.There were 2 buy transactions of Centene Corporation, with market price at 26.225000381469727.The insider transaction data shows no clear pattern or trend, making it difficult to draw any meaningful conclusions about the company's current direction based on this information.

Recommendation changes over time:

Recommendations trend for CNC
Recommendations trend for CNC


CNC has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view CNC as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.