Centene Corp (CNC) concluded trading on Wednesday at a closing price of $57.66, with 6.24 million shares of worth about $359.52 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -26.18% during that period and on February 19, 2025 the price saw a gain of about 3.09%. Currently the company’s common shares owned by public are about 504.87M shares, out of which, 499.33M shares are available for trading.
Stock saw a price change of 0.47% in past 5 days and over the past one month there was a price change of -7.37%. Year-to-date (YTD), CNC shares are showing a performance of -4.82% which decreased to -26.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.03 but also hit the highest price of $81.42 during that period. The average intraday trading volume for Centene Corp shares is 5.19 million. The stock is currently trading -5.54% below its 20-day simple moving average (SMA20), while that difference is down -5.03% for SMA50 and it goes to -14.87% lower than SMA200.
Centene Corp (NYSE: CNC) currently have 504.87M outstanding shares and institutions hold larger chunk of about 95.66% of that.
The stock has a current market capitalization of $29.11B and its 3Y-monthly beta is at 0.38. PE ratio of stock for trailing 12 months is 9.24, while it has posted earnings per share of $6.24 in the same period. Its PEG reads 0.99 while making debt-to-equity ratio of 0.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CNC, volatility over the week remained 3.37% while standing at 3.03% over the month.
Stock’s fiscal year EPS is expected to rise by 1.68% while it is estimated to increase by 10.72% in next year. EPS is likely to shrink at an annualized rate of 9.30% for next 5-years, compared to annual growth of 14.96% made by the stock over the past 5-years.
Coverage by JP Morgan stated Centene Corp (CNC) stock as an Overweight in their note to investors on December 17, 2024, suggesting a price target of $75 for the stock. On December 13, 2024, UBS Upgrade their recommendations, while on December 10, 2024, Jefferies Downgrade their ratings for the stock with a price target of $52. Stock get a Hold rating from Jefferies on July 24, 2024.
