On Monday, Centene Corp (NYSE: CNC) opened higher 1.12% from the last session, before settling in for the closing price of $60.04. Price fluctuations for CNC have ranged from $55.03 to $80.59 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 17.88% over the last five years. Company’s average yearly earnings per share was noted 1.60% at the time writing. With a float of $489.96 million, this company’s outstanding shares have now reached $495.91 million.
The firm has a total of 60500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 13.13%, operating margin of 1.95%, and the pretax margin is 2.61%.
Centene Corp (CNC) Insider Activity
A key investor’s attitude towards the stock of the Healthcare Plans industry is another important factor to consider. The insider ownership of Centene Corp is 1.23%, while institutional ownership is 97.42%. The most recent insider transaction that took place on Mar 21 ’25, was worth 501,970. Before that another transaction happened on Dec 18 ’24, when Company’s Director bought 17,000 for $59.75, making the entire transaction worth $1,015,750. This insider now owns 19,309 shares in total.
Centene Corp (CNC) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.21% during the next five years compared to 14.96% growth over the previous five years of trading.
Centene Corp (NYSE: CNC) Trading Performance Indicators
Check out the current performance indicators for Centene Corp (CNC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.25, a number that is poised to hit 2.36 in the next quarter and is forecasted to reach 8.06 in one year’s time.
Technical Analysis of Centene Corp (CNC)
Analysing the last 5-days average volume posted by the [Centene Corp, CNC], we can find that recorded value of 3.65 million was lower than the volume posted last year of 4.53 million. As of the previous 9 days, the stock’s Stochastic %D was 73.14%. Additionally, its Average True Range was 1.76.
During the past 100 days, Centene Corp’s (CNC) raw stochastic average was set at 48.22%, which indicates a significant decrease from 90.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.84% in the past 14 days, which was lower than the 30.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.01, while its 200-day Moving Average is $65.60. Now, the first resistance to watch is $61.30. This is followed by the second major resistance level at $61.90. The third major resistance level sits at $62.70. If the price goes on to break the first support level at $59.91, it is likely to go to the next support level at $59.11. Should the price break the second support level, the third support level stands at $58.52.
Centene Corp (NYSE: CNC) Key Stats
There are currently 496,044K shares outstanding in the company with a market cap of 30.12 billion. Presently, the company’s annual sales total 163,071 M according to its annual income of 3,305 M. Last quarter, the company’s sales amounted to 40,805 M and its income totaled 283,000 K.
