Centene Corporation (CNC)
Centene Statistics
Share Statistics
Centene has 496.06M shares outstanding. The number of shares has increased by -7.05% in one year.
| Shares Outstanding | 496.06M |
| Shares Change (YoY) | -7.05% |
| Shares Change (QoQ) | -1.75% |
| Owned by Institutions (%) | 91.9% |
| Shares Floating | 489.98M |
| Failed to Deliver (FTD) Shares | 543 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 7.14M, so 1.44% of the outstanding shares have been sold short.
| Short Interest | 7.14M |
| Short % of Shares Out | 1.44% |
| Short % of Float | 1.65% |
| Short Ratio (days to cover) | 1.96 |
Valuation Ratios
The PE ratio is 9.56 and the forward PE ratio is 7.51. Centene's PEG ratio is 0.35.
| PE Ratio | 9.56 |
| Forward PE | 7.51 |
| PS Ratio | 0.19 |
| Forward PS | 0.2 |
| PB Ratio | 1.2 |
| P/FCF Ratio | -64.51 |
| PEG Ratio | 0.35 |
Enterprise Valuation
Centene has an Enterprise Value (EV) of 36.98B.
| EV / Sales | 0.23 |
| EV / EBITDA | 5.96 |
| EV / EBIT | 240.1 |
| EV / FCF | -75.46 |
Financial Position
The company has a current ratio of 1.11, with a Debt / Equity ratio of 0.74.
| Current Ratio | 1.11 |
| Quick Ratio | 1.11 |
| Debt / Equity | 0.74 |
| Debt / EBITDA | 3.13 |
| Debt / FCF | -39.65 |
| Interest Coverage | 4.52 |
Financial Efficiency
Return on Equity is 12.51% and Return on Invested Capital is 5.07%.
| Return on Equity | 12.51% |
| Return on Assets | 4.01% |
| Return on Invested Capital | 5.07% |
| Revenue Per Employee | $2.7M |
| Profits Per Employee | $54.63K |
| Employee Count | 60,500 |
| Asset Turnover | 1.98 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 963M |
| Effective Tax Rate | 22.62% |
Stock Price Statistics
The stock price has increased by -19.23% in the last 52 weeks. The beta is 0.53, so Centene's price volatility has been higher than the market average.
| Beta | 0.53 |
| 52-Week Price Change | -19.23% |
| 50-Day Moving Average | 59.58 |
| 200-Day Moving Average | 65.25 |
| Relative Strength Index (RSI) | 48.04 |
| Average Volume (20 Days) | 4.69M |
Income Statement
In the last 12 months, Centene had revenue of 163.07B and earned 3.31B in profits. Earnings per share was 6.33.
| Revenue | 163.07B |
| Gross Profit | 34.63B |
| Operating Income | 3.17B |
| Net Income | 3.31B |
| EBITDA | 6.2B |
| EBIT | 4.96B |
| Earnings Per Share (EPS) | 6.33 |
Balance Sheet
The company has 14.06B in cash and 19.43B in debt, giving a net cash position of -5.37B.
| Cash & Cash Equivalents | 14.06B |
| Total Debt | 19.43B |
| Net Cash | -5.37B |
| Retained Earnings | 15.35B |
| Total Assets | 82.44B |
| Working Capital | 3.74B |
Cash Flow
In the last 12 months, operating cash flow was 154M and capital expenditures -644M, giving a free cash flow of -490M.
| Operating Cash Flow | 154M |
| Capital Expenditures | -644M |
| Free Cash Flow | -490M |
| FCF Per Share | -0.94 |
Margins
Gross margin is 21.24%, with operating and profit margins of 1.95% and 2.03%.
| Gross Margin | 21.24% |
| Operating Margin | 1.95% |
| Pretax Margin | 2.61% |
| Profit Margin | 2.03% |
| EBITDA Margin | 3.8% |
| EBIT Margin | 1.95% |
| FCF Margin | -0.3% |
Dividends & Yields
CNC does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 10.46% |
| FCF Yield | -1.55% |
Analyst Forecast
The average price target for CNC is $84, which is 38.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $84 |
| Price Target Difference | 38.4% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
Stock Splits
The last stock split was on Feb 7, 2019. It was a forward split with a ratio of 2:1.
| Last Split Date | Feb 7, 2019 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 2.83 |
| Piotroski F-Score | 6 |