Centene Corporation
General ticker "CNC" information:
- Sector: Health Care
- Industry: Health Care Providers & Services
- Capitalization: $24.4B (TTM average)
Centene Corporation does not follow the US Stock Market performance with the rate: -37.8%.
Estimated limits based on current volatility of 1.6%: low 38.33$, high 39.57$
Factors to consider:
- Company included in S&P500 list
- Total employees count: 60500 as of 2024
- Top business risk factors: Failure to estimate medical expenses accurately, Government contract risks, Third-party risks, Cybersecurity threats, Labor/talent shortage/retention
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [42.11$, 66.21$]
- 2025-12-31 to 2026-12-31 estimated range: [42.41$, 66.05$]
Financial Metrics affecting the CNC estimates:
- Negative: with PPE of 8.5 at the end of fiscal year the price was very high
- Positive: -3.60 < Operating profit margin, % of 1.95
- Negative: Industry operating cash flow per share per price (median), % of 4.26 <= 5.52
- Positive: 18.93 < Shareholder equity ratio, % of 32.03 <= 41.86
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 3.84
- Negative: 0.79 < Interest expense per share per price, % of 2.23
- Positive: Inventory ratio change, % of 0.06 <= 0.84
Short-term CNC quotes
Long-term CNC plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $144,547.00MM | $153,999.00MM | $163,071.00MM |
| Operating Expenses | $143,229.00MM | $151,069.00MM | $159,896.00MM |
| Operating Income | $1,318.00MM | $2,930.00MM | $3,175.00MM |
| Non-Operating Income | $644.00MM | $668.00MM | $1,082.00MM |
| Interest Expense | $665.00MM | $725.00MM | $702.00MM |
| Income(Loss) | $1,962.00MM | $3,598.00MM | $4,257.00MM |
| Taxes | $760.00MM | $899.00MM | $963.00MM |
| Profit(Loss)* | $1,202.00MM | $2,702.00MM | $3,305.00MM |
| Stockholders Equity | $24,057.00MM | $25,840.00MM | $26,410.00MM |
| Assets | $76,870.00MM | $84,641.00MM | $82,445.00MM |
| Operating Cash Flow | $6,261.00MM | $8,053.00MM | $154.00MM |
| Capital expenditure | $1,004.00MM | $799.00MM | $644.00MM |
| Investing Cash Flow | $-2,921.00MM | $-1,191.00MM | $-1,052.00MM |
| Financing Cash Flow | $-4,197.00MM | $-1,658.00MM | $-2,406.00MM |
| Earnings Per Share** | $2.09 | $4.97 | $6.33 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.