Centene Corp (NYSE: CNC) started the day on Thursday, with a price increase of 1.93% at $58.00, before settling in for the price of $56.90 at the close. Taking a more long-term approach, CNC posted a 52-week range of $55.03-$81.42.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth 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 0.65%. This publicly-traded company’s shares outstanding now amounts to $510.08 million, simultaneously with a float of $499.37 million. The organization now has a market capitalization sitting at $29.28 billion. At the time of writing, stock’s 50-day Moving Average stood at $62.52, while the 200-day Moving Average is $70.88.
Centene Corp (CNC) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Healthcare Plans Industry. Centene Corp’s current insider ownership accounts for 1.09%, in contrast to 98.27% 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 0.65% and is forecasted to reach 7.10 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.68% 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 2.00. Alongside those numbers, its PE Ratio stands at $10.06, 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 119.52.
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 7.10 at the market close of one year from today.
Technical Analysis of Centene Corp (CNC)
If we take a close look at the recent performances of Centene Corp (NYSE: CNC), its last 5-days Average volume was 5.7 million that shows progress from its year to date volume of 4.09 million. During the previous 9 days, stock’s Stochastic %D was recorded 39.99% While, its Average True Range was 2.04.
Raw Stochastic average of Centene Corp (CNC) in the period of the previous 100 days is set at 11.62%, which indicates a major fall in contrast to 43.17% 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 28.48% that was lower than 37.45% volatility it exhibited in the past 100-days period.
