Centene Corp Stock Analysis

Centene Stock Analysis Notes

About 97.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.02. Some equities with similar Price to Book (P/B) outperform the market in the long run. Centene Corp has Price/Earnings To Growth (PEG) ratio of 1.78. The entity recorded a loss per share of 10.67. The firm last dividend was issued on the 29th of October 2010. Centene Corp had 2:1 split on the 7th of February 2019. 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. For more info on Centene Corp please contact Rich Fisher at 314 725 4477 or go to https://www.centene.com.

Centene Corp Investment Alerts

Centene Largest EPS Surprises

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Centene Corp Environmental, Social, and Governance (ESG) Scores

Centene Corp Thematic Classifications

Centene Stock Institutional Investors

Note, although Centene Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Centene Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 21.04 B.

Centene Profitablity

The company has Net Profit Margin of (0.03) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.01 %, which entails that for every 100 dollars of revenue, it generated $0.01 of operating income.

Management Efficiency

Centene Corp has Return on Asset of 0.0201 % which means that on every $100 spent on assets, it made $0.0201 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2186) %, meaning that it generated no profit with money invested by stockholders. Centene Corp's management efficiency ratios could be used to measure how well Centene Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.14, whereas Return On Tangible Assets are forecasted to decline to 0.05. At present, Centene Corp's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 2 B, whereas Net Tangible Assets are projected to grow to (1.4 B).

Technical Drivers

As of the 3rd of February, Centene Corp shows the Risk Adjusted Performance of 0.1071, downside deviation of 3.42, and Mean Deviation of 2.11. Centene Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Centene Corp Price Movement Analysis

Centene Corp Insider Trading Activities

Centene Corp Outstanding Bonds

Centene Corp Predictive Daily Indicators

Centene Corp Corporate Filings

Centene Corp Forecast Models

Centene Corp's time-series forecasting models are one of many Centene Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Centene Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Centene Corp Debt to Cash Allocation

Centene Corp has 19.43 B in debt with debt to equity (D/E) ratio of 0.84, which is OK given its current industry classification. Centene Corp has a current ratio of 1.04, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. That said, strategic use of leverage may enable Centene to fund expansion initiatives and generate superior returns.

Centene Corp Total Assets Over Time

Centene Corp Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Centene Corp uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Centene Corp Debt Ratio

14.0

It looks as if most of the Centene Corp's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Centene Corp's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Centene Corp, which in turn will lower the firm's financial flexibility.

Centene Corp Corporate Bonds Issued

Centene Short Long Term Debt Total

Stock analysis is the technique used by a trader or investor to examine and evaluate how Centene Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Centene shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Centene Corp. By using and applying Centene Stock analysis, traders can create a robust methodology for identifying Centene entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Centene analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Centene analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

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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.