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Centene Corporation is currently in a long term uptrend where the price is trading 11.9% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 0.3.
Centene Corporation's total revenue rose by 50.0% to $28B since the same quarter in the previous year.
Its net income has dropped by 105.7% to $-12M since the same quarter in the previous year.
Finally, its free cash flow grew by 426.1% to $3B since the same quarter in the previous year.
Based on the above factors, Centene Corporation gets an overall score of 4/5.
CurrencyCode | USD |
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Exchange | NYSE |
ISIN | US15135B1017 |
Industry | Healthcare Plans |
Sector | Healthcare |
Market Cap | 38B |
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Target Price | 89.02 |
PE Ratio | 33.67 |
Beta | 0.56 |
Dividend Yield | 0.0% |
Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. It operates in two segments, Managed Care and Specialty Services. The Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. This segment also provides a variety of individual, small group, and large group commercial healthcare products to employers and members. This segment also offers various individual, small group, and large group commercial healthcare products to employers and members. The Specialty Services segment offers behavioral health and employee assistance plans; clinical healthcare, primary care, various specialty services, and a suite of social and other support services; data analytics solutions; administrative services to Military Health System eligible beneficiaries; traditional pharmacy clinical and administrative services as well as specialized pharmacy benefit services through its specialty pharmacy business; and vision and dental health services. This segment provides auxiliary healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations; and engages in the government contracts business under the TRICARE program and other healthcare related government contracts. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.
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