Centene Corp (CNC) concluded trading on Thursday at a closing price of $58.07, with 4.31 million shares of worth about $250.37 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.29% during that period and on May 22, 2025 the price saw a loss of about -4.40%. Currently the company’s common shares owned by public are about 497.52M shares, out of which, 491.78M shares are available for trading.
Stock saw a price change of -3.31% in past 5 days and over the past one month there was a price change of -6.52%. Year-to-date (YTD), CNC shares are showing a performance of -4.14% which decreased to -25.14% 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 4.97 million. The stock is currently trading -3.93% below its 20-day simple moving average (SMA20), while that difference is down -4.22% for SMA50 and it goes to -9.51% lower than SMA200.
Centene Corp (NYSE: CNC) currently have 497.52M outstanding shares and institutions hold larger chunk of about 98.68% of that.
The stock has a current market capitalization of $28.90B and its 3Y-monthly beta is at 0.49. PE ratio of stock for trailing 12 months is 8.65, while it has posted earnings per share of $6.72 in the same period. Its PEG reads 1.00 while making debt-to-equity ratio of 0.66. 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 2.25% while standing at 2.88% over the month.
Stock’s fiscal year EPS is expected to rise by 1.75% while it is estimated to increase by 9.73% in next year. EPS is likely to shrink at an annualized rate of 8.64% 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.
