As on Wednesday, Centene Corp (NYSE: CNC) started slowly as it slid -1.64% to $56.45, before settling in for the price of $57.39 at the close. Taking a more long-term approach, CNC posted a 52-week range of $55.03-$81.42.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 17.88%. Meanwhile, its Annual Earning per share during the time was 14.96%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.65%. This publicly-traded company’s shares outstanding now amounts to $504.87 million, simultaneously with a float of $499.46 million. The organization now has a market capitalization sitting at $28.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $60.95, while the 200-day Moving Average is $68.06.
Centene Corp (CNC) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Healthcare Plans industry. Centene Corp’s current insider ownership accounts for 1.07%, in contrast to 95.45% institutional ownership. According to the most recent insider trade that took place on Dec 18 ’24, this organization’s Director bought 17,000 shares at the rate of 59.75, making the entire transaction reach 1,015,750 in total value, affecting insider ownership by 19,309. Preceding that transaction, on Dec 16 ’24, Company’s Director bought 1,693 for 59.01, making the whole transaction’s value amount to 99,904. This particular insider is now the holder of 1,693 in total.
Centene Corp (CNC) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.36 per share during the current fiscal year.
Centene Corp’s EPS increase for this current 12-month fiscal period is 1.65% and is forecasted to reach 8.08 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.20% through the next 5 years, which can be compared against the 14.96% 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 2.03. Alongside those numbers, its PE Ratio stands at $9.04, and its Beta score is 0.39. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.17.
In the same vein, CNC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.24, a figure that is expected to reach 2.16 in the next quarter, and analysts are predicting that it will be 8.08 at the market close of one year from today.
Technical Analysis of Centene Corp (CNC)
Through scrutinizing the latest numbers posted by the [Centene Corp, CNC], it can be observed that its last 5-days Average volume of 4.76 million was better the volume of 4.43 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 6.85% While, its Average True Range was 2.11.
Raw Stochastic average of Centene Corp (CNC) in the period of the previous 100 days is set at 6.41%, which indicates a major rise in contrast to 4.95% 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 30.18% that was lower than 33.34% volatility it exhibited in the past 100-days period.
