Overall Fundamental outlook

Business Operations:

Sector: Healthcare
Industry: Healthcare Plans

Centene Corporation operates as a managed care company that provides programs and services to under-insured families, and commercial organizations in the United States. It operates through four segments: Medicaid, Medicare, Commercial, and Other. The Medicaid segment offers the temporary assistance for needy families; medicaid expansion; aged, blind, or disabled; and children's health insurance programs, as well as long-term services and supports; foster care; and medicare-medicaid plans. This segment also provides healthcare products and services. The Medicare segment offers special needs and medicare supplement, and prescription drug plans. The Commercial segment provides health insurance marketplace product for individual and commercial group. The Other segment operates clinical healthcare and pharmacies, as well as offers vision and dental, behavioral health, and centralized services. It provides services through primary and specialty care physicians, hospitals, behavioral health practitioners, and ancillary providers. The company was founded in 1984 and is headquartered in Saint Louis, Missouri.

Revenue projections:

Revenue projections for CNC
Revenue projections for CNC

CNC is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.

Financial Ratios:

currentRatio 1.100000
forwardPE 9.658302
debtToEquity 90.556000
earningsGrowth 0.000000
revenueGrowth 0.232000
grossMargins 0.104730
operatingMargins -0.018780
trailingEps -13.530000
forwardEps 3.978960

CNC's current ratio being 1.1 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk.
CNC's elevated debt-to-equity ratio suggests the company is highly leveraged, meaning it has significant debt compared to equity. This can be risky, particularly if CNC's cash flow or profits decrease, making it harder to meet debt obligations.

Price projections:

Price projections for CNC
Price projections for CNC

Over time, analysts have gradually revised CNC's price projections downward. This suggests growing concerns about the company's ability to meet previous expectations, pointing to a more conservative outlook.

Insider Transactions:

Insider Transactions for CNC
Insider Transactions for CNC


1 separate sales of CNC shares were executed, with the market price hovering at 38.849998474121094.There were 2 transactions to buy CNC stock, with market price of 26.225000381469727.CNC has seen more sells at current price levels, which could indicate a potential decline. If this trend continues, investors may expect the stock's price to drop further as more people exit their positions.

Recommendation changes over time:

Recommendations trend for CNC
Recommendations trend for CNC


Analysts' buy bias toward CNC suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, CNC is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.