At the time of writing, Centene Corp [CNC] stock is trading at $62.92, up 5.43%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CNC shares have gain 5.13% over the last week, with a monthly amount glided 2.56%, and 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 April 08, 2025, when Jefferies upgraded its rating to a Hold but kept the price target unchanged to $64 for it. Previously, Argus downgraded its rating to Hold on February 06, 2025. UBS upgraded its rating to a Buy and increased its price target to $80 on December 13, 2024. Jefferies downgraded its rating to a Underperform and reduced its price target to $52 on December 10, 2024. Jefferies downgraded its rating to Hold for this stock on July 24, 2024, and downed its price target to $69. In a note dated May 30, 2024, Robert W. Baird initiated an Neutral rating and provided a target price of $83 on this stock.
For the past year, the stock price of Centene Corp fluctuated between $55.03 and $80.59. Currently, Wall Street analysts expect the stock to reach $69 within the next 12 months. Centene Corp [NYSE: CNC] shares were valued at $62.92 at the most recent close of the market. An investor can expect a potential return of 9.66% based on the average CNC price forecast.
Analyzing the CNC fundamentals
According to Centene Corp [NYSE:CNC], the company’s sales were 169.28B for trailing twelve months, which represents an 15.38% jump. Gross Profit Margin for this corporation currently stands at 0.15% 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 0.13 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 0.66.
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 60.71 points at the first support level, and at 58.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.02, and for the 2nd resistance point, it is at 65.13.
Ratios To Look Out For
It is important to note that Centene Corp [NYSE:CNC] has a current ratio of 1.11. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 1.12 and price to earnings (TTM) ratio is 9.37.
Transactions by insiders
Recent insider trading involved FASOLA KENNETH J, Officer, that happened on Mar 21 ’25 when 8500.0 shares were purchased. Director, Greco Thomas completed a deal on Dec 18 ’24 to buy 17000.0 shares. Meanwhile, Director Dallas H James bought 1693.0 shares on Dec 16 ’24.
