Centene Corporation

59.95
-0.28 (-0.46%)
At close: Mar 28, 2025, 3:59 PM
60.16
0.34%
After-hours: Mar 28, 2025, 08:00 PM EDT

Centene Statistics

Share Statistics

Centene has 496.04M shares outstanding. The number of shares has increased by -5.61% in one year.

Shares Outstanding 496.04M
Shares Change (YoY) -5.61%
Shares Change (QoQ) -4.02%
Owned by Institutions (%) 91.87%
Shares Floating 489.96M
Failed to Deliver (FTD) Shares 2.9K
FTD / Avg. Volume 0.06%

Short Selling Information

The latest short interest is 5.62M, so 1.11% of the outstanding shares have been sold short.

Short Interest 5.62M
Short % of Shares Out 1.11%
Short % of Float 1.13%
Short Ratio (days to cover) 0.95

Valuation Ratios

The PE ratio is 9.56 and the forward PE ratio is 8.84. Centene's PEG ratio is 0.35.

PE Ratio 9.56
Forward PE 8.84
PS Ratio 0.19
Forward PS 0.2
PB Ratio 1.2
P/FCF Ratio -64.51
PEG Ratio 0.35
Financial Ratio History

Enterprise Valuation

Centene Corporation has an Enterprise Value (EV) of 40.96B.

EV / Earnings 12.39
EV / Sales 0.25
EV / EBITDA 6.61
EV / EBIT 12.9
EV / FCF -83.58

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
Total Debt / Capitalization 42.39
Cash Flow / Debt 0.01
Interest Coverage 4.52

Financial Efficiency

Return on equity (ROE) is 0.13% and return on capital (ROIC) is 5.36%.

Return on Equity (ROE) 0.13%
Return on Assets (ROA) 0.04%
Return on Capital (ROIC) 5.36%
Revenue Per Employee $2,695,388.43
Profits Per Employee $54,628.1
Employee Count 60,500
Asset Turnover 1.98
Inventory Turnover n/a

Taxes

Income Tax 963M
Effective Tax Rate 0.23

Stock Price Statistics

The stock price has increased by -23.61% in the last 52 weeks. The beta is 0.4, so Centene's price volatility has been higher than the market average.

Beta 0.4
52-Week Price Change -23.61%
50-Day Moving Average 60.05
200-Day Moving Average 65.65
Relative Strength Index (RSI) 53.63
Average Volume (20 Days) 4.51M

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 3.17B
Earnings Per Share (EPS) 6.33
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 10.56%
FCF Yield -1.65%
Dividend Details

Analyst Forecast

The average price target for CNC is $84, which is 40.1% higher than the current price. The consensus rating is "Buy".

Price Target $84
Price Target Difference 40.1%
Analyst Consensus Buy
Analyst Count 13
Stock Forecasts

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 2.81
Piotroski F-Score 6