Centene Corp Stock Target Price and Analyst Consensus

CNC Stock  USD 60.37  0.02  0.03%   
The current analyst and expert consensus on Centene Corp is Buy with 9 hold recommendations. The current projected Centene Corp target price consensus is 81.56 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 2.4028.
Lowest Forecast
74.22
Highest Forecast
90.53
Target Price
81.56
The current year's Gross Profit is expected to grow to about 33.1 B. The current year's Pretax Profit Margin is expected to grow to 0.03. 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 27.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 293.9 M.
  
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.
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
57.7160.1162.51
Details
Intrinsic
Valuation
LowRealHigh
54.3367.8970.29
Details
Naive
Forecast
LowNextHigh
54.7357.1359.53
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.