Centene Corporation Statistics
Share Statistics
Centene Corporation has 504.87M shares outstanding. The number of shares has increased by -1.53% in one year.
| Shares Outstanding | 504.87M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -1.43% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 499.37M |
| Failed to Deliver (FTD) Shares | 432 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 14.44M, so 2.86% of the outstanding shares have been sold short.
| Short Interest | 14.44M |
| Short % of Shares Out | 2.86% |
| Short % of Float | 2.89% |
| Short Ratio (days to cover) | 2.31 |
Valuation Ratios
The PE ratio is 14.92 and the forward PE ratio is 8.32. Centene Corporation's PEG ratio is 0.41.
| PE Ratio | 14.92 |
| Forward PE | 8.32 |
| PS Ratio | 0.26 |
| Forward PS | 0.2 |
| PB Ratio | 1.56 |
| P/FCF Ratio | 5.56 |
| PEG Ratio | 0.41 |
Enterprise Valuation
Centene Corporation has an Enterprise Value (EV) of 40.96B.
| EV / Earnings | 15.16 |
| EV / Sales | 0.27 |
| EV / EBITDA | 7.29 |
| EV / EBIT | 13.98 |
| EV / FCF | 5.65 |
Financial Position
The company has a current ratio of 1.11, with a Debt / Equity ratio of 0.69.
| Current Ratio | 1.11 |
| Quick Ratio | 1.11 |
| Debt / Equity | 0.69 |
| Total Debt / Capitalization | 40.83 |
| Cash Flow / Debt | 0.45 |
| Interest Coverage | 4.04 |
Financial Efficiency
Return on equity (ROE) is 0.1% and return on capital (ROIC) is 4.9%.
| Return on Equity (ROE) | 0.1% |
| Return on Assets (ROA) | 0.03% |
| Return on Capital (ROIC) | 4.9% |
| Revenue Per Employee | 2.27M |
| Profits Per Employee | 39.91K |
| Employee Count | 67.70K |
| Asset Turnover | 1.82 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 899.00M |
| Effective Tax Rate | 0.25 |
Stock Price Statistics
The stock price has increased by -19.89% in the last 52 weeks. The beta is 0.49, so Centene Corporation's price volatility has been higher than the market average.
| Beta | 0.49 |
| 52-Week Price Change | -19.89% |
| 50-Day Moving Average | 62.52 |
| 200-Day Moving Average | 70.88 |
| Relative Strength Index (RSI) | 42.92 |
| Average Volume (20 Days) | 5.70M |
Income Statement
In the last 12 months, Centene Corporation had revenue of $154.00B and earned $2.70B in profits. Earnings per share was $4.97.
| Revenue | 154.00B |
| Gross Profit | 31.54B |
| Operating Income | 2.93B |
| Net Income | 2.70B |
| EBITDA | 5.62B |
| EBIT | 2.93B |
| Earnings Per Share (EPS) | 4.97 |
Balance Sheet
The company has $17.19B in cash and $18.88B in debt, giving a net cash position of -$1.68B.
| Cash & Cash Equivalents | 17.19B |
| Total Debt | 18.88B |
| Net Cash | -1.68B |
| Retained Earnings | 12.04B |
| Total Assets | 82.35B |
| Working Capital | 3.35B |
Cash Flow
In the last 12 months, operating cash flow was $8.05B and capital expenditures -$799.00M, giving a free cash flow of $7.25B.
| Operating Cash Flow | 8.05B |
| Capital Expenditures | -799.00M |
| Free Cash Flow | 7.25B |
| FCF Per Share | 13.35 |
Margins
Gross margin is 20.48%, with operating and profit margins of 1.9% and 1.75%.
| Gross Margin | 20.48% |
| Operating Margin | 1.9% |
| Pretax Margin | 2.34% |
| Profit Margin | 1.75% |
| EBITDA Margin | 3.65% |
| EBIT Margin | 1.9% |
| FCF Margin | 4.71% |
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 | 8.36% |
| FCF Yield | 24.16% |
Analyst Forecast
The average price target for CNC is $87, which is 46.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $87 |
| Price Target Difference | 46.3% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
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 | 2.77 |
| Piotroski F-Score | 6 |