Centene Co. Shares Acquired by National Pension Service
| CNC Stock | USD 62.92 3.24 5.43% |
About 55% of Centene Corp's shareholders are presently thinking to get in. The analysis of overall sentiment of trading Centene Corp stock suggests that some investors are interested at this time. The current market sentiment, together with Centene Corp's historical and current headlines, can help investors time the market. In addition, many technical investors use Centene Corp stock news signals to limit their universe of possible portfolio assets.
National Pension Service grew its position in shares of Centene Co. by 15.4 percent during the third quarter, HoldingsChannel reports. The institutional investor owned 1,435,482 shares of the companys stock after buying an additional 191,768 shares during the quarter. National Pension Services holdings in Centene were worth 108,063,000 as of its most
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Centene Corp Fundamental Analysis
We analyze Centene Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Centene Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Centene Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Operating Margin
Operating Margin Comparative Analysis
Centene Corp is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Centene Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Centene Corp stock to make a market-neutral strategy. Peer analysis of Centene Corp could also be used in its relative valuation, which is a method of valuing Centene Corp by comparing valuation metrics with similar companies.
Peers
Centene Corp Related Equities
| OSCR | Oscar Health | 30.22 | ||||
| MOH | Molina Healthcare | 3.42 | ||||
| ELV | Elevance Health | 0.83 | ||||
| CVS | CVS Health | 0.83 | ||||
| HUM | Humana | 0.54 | ||||
| CI | Cigna Corp | 0.19 | ||||
| UNH | UnitedHealth Group | 0.87 | ||||
| ALHC | Alignment Healthcare | 1.27 |
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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