Centene Corp Stock Target Price and Analyst Consensus

CNC Stock  USD 62.25  0.62  0.99%   
The current analyst and expert consensus on Centene Corp is Buy with 6 hold recommendations. The current projected Centene Corp target price consensus is 78.92 with 19 analyst opinions. One of the most common ways Centene Corp analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Centene Corp vendors, executives, and/or customers. Centene Corp recommendation module provides expert sentiment on the projected Centene Corp target price to derive its highest and lowest estimates based on target price standard deviation of 1.8987.
Lowest Forecast
71.82
Highest Forecast
87.6
Target Price
78.92
At present, Centene Corp's Pretax Profit Margin is projected to increase slightly based on the last few years of reporting. The current year's Operating Profit Margin is expected to grow to 0.03, whereas Gross Profit Margin is forecasted to decline to 0.21. At present, Centene Corp's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 31.2 B, whereas Inventory is projected to grow to (30.1 B).
  
It's important to approach Centene Corp's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Centene Corp Target Price Consensus

Centene target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Centene Corp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   19  Buy
Most Centene analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Centene stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Centene Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Centene Corp Target Price Projection

Centene Corp's current and average target prices are 62.25 and 78.92, respectively. The current price of Centene Corp is the price at which Centene Corp is currently trading. On the other hand, Centene Corp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Centene Corp Market Quote on 18th of January 2025

Low Price62.07Odds
High Price63.13Odds

62.25

Target Price

Analyst Consensus On Centene Corp Target Price

Low Estimate71.82Odds
High Estimate87.6Odds

78.9218

Historical Lowest Forecast  71.82 Target Price  78.92 Highest Forecast  87.6
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Centene Corp and the information provided on this page.

Centene Corp Analyst Ratings

Centene Corp's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Centene Corp stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Centene Corp's financials, market performance, and future outlook by experienced professionals. Centene Corp's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Centene Corp price targets

Centene Corp's stock target price is an estimate of its future price, usually made by analysts. Using Centene Corp's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Centene Corp's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Centene Corp's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Centene Corp Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Centene Corp is a key component of Centene Corp valuation and have some predictive power on the future returns of a Centene Corp.
Hype
Prediction
LowEstimatedHigh
60.3462.2464.14
Details
Intrinsic
Valuation
LowRealHigh
56.0370.2172.11
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.680.511.75
Details

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When determining whether Centene Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centene Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Centene Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centene Corp Stock:
Check out Macroaxis Advice on Centene Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.