Centene Corp. (NYSE: CNC) open the trading on Thursday, with great promise as it jumped 3.01% to $61.62, before settling in for the price of $59.82 at the close. Taking a more long-term approach, CNC posted a 52-week range of $59.77-$81.42.
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The Healthcare sector firm’s twelve-monthly sales growth has been 21.54% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 17.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 0.53%. This publicly-traded company’s shares outstanding now amounts to $534.48 million, simultaneously with a float of $520.45 million. The organization now has a market capitalization sitting at $32.41 billion. At the time of writing, stock’s 50-day Moving Average stood at $73.15, while the 200-day Moving Average is $73.75.
Centene Corp. (CNC) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Healthcare Plans industry. Centene Corp.’s current insider ownership accounts for 1.06%, in contrast to 98.91% institutional ownership. According to the most recent insider trade that took place on May 14 ’24, this organization’s Director sold 878 shares at the rate of 76.75, making the entire transaction reach 67,382 in total value, affecting insider ownership by 0. Preceding that transaction, on May 13 ’24, Company’s President sold 8,000 for 77.62, making the whole transaction’s value amount to 620,960. This particular insider is now the holder of 300,357 in total.
Centene Corp. (CNC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.72 per share during the current fiscal year.
Centene Corp.’s EPS increase for this current 12-month fiscal period is 0.53% and is forecasted to reach 7.25 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.80% through the next 5 years, which can be compared against the 17.00% growth it accomplished over the previous five years trading on the market.
Centene Corp. (NYSE: CNC) Trading Performance Indicators
Let’s observe the current performance indicators for Centene Corp. (CNC). The Stock has managed to achieve an average true range (ATR) of 1.97. Alongside those numbers, its PE Ratio stands at $11.69, and its Beta score is 0.48. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.21. Similarly, its price to free cash flow for trailing twelve months is now 14.34.
In the same vein, CNC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.27, a figure that is expected to reach 1.36 in the next quarter, and analysts are predicting that it will be 7.25 at the market close of one year from today.
Technical Analysis of Centene Corp. (CNC)
[Centene Corp., CNC] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 5.80% While, its Average True Range was 2.08.
Raw Stochastic average of Centene Corp. (CNC) in the period of the previous 100 days is set at 8.89%, which indicates a major fall in contrast to 13.47% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 49.23% that was higher than 34.79% volatility it exhibited in the past 100-days period.
