Centene Corp Financials
| CNC Stock | USD 63.91 0.81 1.25% |
Centene |
Understanding current and past Centene Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Centene Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Centene Corp's assets may result in an increase in income on the income statement.
Please note, the presentation of Centene Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Centene Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Centene Corp's management manipulating its earnings.
Centene Corp Stock Summary
Centene Corp competes with Humana, Elevance Health, UnitedHealth Group, CVS Health, and Alignment Healthcare. Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene Corporation was founded in 1984 and is headquartered in St. Centene Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 72500 people.Specialization | Health Care, Health Care Equipment & Services |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US15135B1017 |
| CUSIP | 15135B101 |
| Location | Missouri; U.S.A |
| Business Address | Centene Plaza, Saint |
| Sector | Health Care Providers & Services |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | www.centene.com |
| Phone | 314 725 4477 |
| Currency | USD - US Dollar |
Centene Corp Key Financial Ratios
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0351 | ||||
| Target Price | 79.45 | ||||
| Beta | 0.49 |
Centene Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Centene Corp's current stock value. Our valuation model uses many indicators to compare Centene Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Centene Corp competition to find correlations between indicators driving Centene Corp's intrinsic value. More Info.Centene Corp is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Centene Corp is roughly 3.29 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Centene Corp's earnings, one of the primary drivers of an investment's value.Centene Corp Systematic Risk
Centene Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Centene Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Centene Corp correlated with the market. If Beta is less than 0 Centene Corp generally moves in the opposite direction as compared to the market. If Centene Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Centene Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Centene Corp is generally in the same direction as the market. If Beta > 1 Centene Corp moves generally in the same direction as, but more than the movement of the benchmark.
About Centene Corp Financials
What exactly are Centene Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Centene Corp's income statement, its balance sheet, and the statement of cash flows. Potential Centene Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Centene Corp investors may use each financial statement separately, they are all related. The changes in Centene Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Centene Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Centene Corp Thematic Clasifications
Centene Corp is part of several thematic ideas from Insurance to Obamacare. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasCentene Corp January 29, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Centene Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Centene Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Centene Corp based on widely used predictive technical indicators. In general, we focus on analyzing Centene Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Centene Corp's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.83 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.09 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 2.5 |
Complementary Tools for Centene Stock analysis
When running Centene Corp's price analysis, check to measure Centene Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centene Corp is operating at the current time. Most of Centene Corp's value examination focuses on studying past and present price action to predict the probability of Centene Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centene Corp's price. Additionally, you may evaluate how the addition of Centene Corp to your portfolios can decrease your overall portfolio volatility.
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