Centene Corp [CNC] stock is trading at $58.48, up 1.42%. An important factor to consider is whether the stock is rising or falling in short-term value. The CNC shares have gain 3.60% over the last week, with a monthly amount drifted -8.14%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Centene Corp [NYSE: CNC] stock has seen the most recent analyst activity on February 06, 2025, when Argus downgraded its rating to a Hold. On December 13, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $80 on the stock. Jefferies downgraded its rating to a Underperform and decreased its price target to $52 on December 10, 2024. Jefferies downgraded its rating to a Hold and reduced its price target to $69 on July 24, 2024. Robert W. Baird started tracking with a Neutral rating for this stock on May 30, 2024, and assigned it a price target of $83. In a note dated March 21, 2024, Stephens downgraded an Equal-Weight rating on this stock and revised its target price from $92 to $85.
Centene Corp [CNC] stock has fluctuated between $55.03 and $81.42 over the past year. Currently, Wall Street analysts expect the stock to reach $81.5 within the next 12 months. Centene Corp [NYSE: CNC] shares were valued at $58.48 at the most recent close of the market. An investor can expect a potential return of 39.36% based on the average CNC price forecast.
Analyzing the CNC fundamentals
Centene Corp [NYSE:CNC] reported sales of 163.07B for the trailing twelve months, which represents a growth of 3.41%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.12 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 57.70 points at the first support level, and at 56.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.07, and for the 2nd resistance point, it is at 59.65.
Ratios To Look Out For
For context, Centene Corp’s Current Ratio is 1.11. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 9.36.
Transactions by insiders
Recent insider trading involved Greco Thomas, Director, that happened on Dec 18 ’24 when 17000.0 shares were purchased. Director, Dallas H James completed a deal on Dec 16 ’24 to buy 1693.0 shares. Meanwhile, Director BLUME JESSICA L. bought 250.0 shares on Dec 16 ’24.
