Centene Corp (NYSE: CNC) established initial surge of 2.23% at $59.10, before settling in for the price of $57.81 at the close. Taking a more long-term approach, CNC posted a 52-week range of $57.20-$81.42.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 21.54%. Meanwhile, its Annual Earning per share during the time was 17.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 0.66%. This publicly-traded company’s shares outstanding now amounts to $534.48 million, simultaneously with a float of $499.37 million. The organization now has a market capitalization sitting at $29.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $67.27, while the 200-day Moving Average is $72.33.
Centene Corp (CNC) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Centene Corp industry. Centene Corp’s current insider ownership accounts for 1.09%, in contrast to 98.31% institutional ownership. According to the most recent insider trade that took place on Nov 13 ’24, this organization’s Chief Financial Officer bought 17,200 shares at the rate of 58.14, making the entire transaction reach 1,000,008 in total value, affecting insider ownership by 486,847. Preceding that transaction, on Nov 08 ’24, Company’s Chief Executive Officer bought 4,117 for 60.80, making the whole transaction’s value amount to 250,314. This particular insider is now the holder of 667,229 in total.
Centene Corp (CNC) Earnings and Revenue Records
Centene Corp’s EPS increase for this current 12-month fiscal period is 0.66% and is forecasted to reach 7.12 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.36% 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 2.09. Alongside those numbers, its PE Ratio stands at $10.25, and its Beta score is 0.46. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.18. Similarly, its price to free cash flow for trailing twelve months is now 121.79.
In the same vein, CNC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.77, a figure that is expected to reach 0.46 in the next quarter, and analysts are predicting that it will be 7.12 at the market close of one year from today.
Technical Analysis of Centene Corp (CNC)
Now, what If we examine the latest scores posted by [Centene Corp, CNC]. During the last 5-days, its volume was better the volume of 4.02 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 23.01% While, its Average True Range was 2.02.
Raw Stochastic average of Centene Corp (CNC) in the period of the previous 100 days is set at 8.12%, which indicates a major fall in contrast to 23.17% 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 34.37% that was lower than 37.56% volatility it exhibited in the past 100-days period.
