Centene Corp (CNC) concluded trading on Thursday at a closing price of $62.39, with 5.91 million shares of worth about $368.73 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.55% during that period and on April 10, 2025 the price saw a loss of about -0.38%. Currently the company’s common shares owned by public are about 495.91M shares, out of which, 489.98M shares are available for trading.
Stock saw a price change of -2.96% in past 5 days and over the past one month there was a price change of 6.74%. Year-to-date (YTD), CNC shares are showing a performance of 2.99% which decreased to -14.19% 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 $80.59 during that period. The average intraday trading volume for Centene Corp shares is 4.67 million. The stock is currently trading 3.05% above its 20-day simple moving average (SMA20), while that difference is up 4.58% for SMA50 and it goes to -4.55% lower than SMA200.
Centene Corp (NYSE: CNC) currently have 495.91M outstanding shares and institutions hold larger chunk of about 97.39% of that.
The stock has a current market capitalization of $30.95B and its 3Y-monthly beta is at 0.47. PE ratio of stock for trailing 12 months is 9.99, while it has posted earnings per share of $6.25 in the same period. Its PEG reads 1.08 while making debt-to-equity ratio of 0.74. 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 5.41% while standing at 3.31% over the month.
Stock’s fiscal year EPS is expected to rise by 1.62% while it is estimated to increase by 9.91% in next year. EPS is likely to shrink at an annualized rate of 9.26% for next 5-years, compared to annual growth of 14.96% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on April 08, 2025 offering a Hold rating for the stock and assigned a target price of $64 to it. On December 17, 2024, JP Morgan Resumed their recommendations, while on December 13, 2024, UBS Upgrade their ratings for the stock with a price target of $80. Stock get an Underperform rating from Jefferies on December 10, 2024.
