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Centene (DE:QEN)
FRANKFURT:QEN
Centene (QEN) Stock Price & Analysis
2 Followers
QEN Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€56.45 - €75.00
Previous Close€68.64
Volume0.00
Average Volume (3M)111.00
Market Cap
€36.98B
Enterprise Value€35.37B
Total Cash (Recent Filing)$19.65B
Total Debt (Recent Filing)$17.83B
Price to Earnings (P/E)N/A
Beta0.14
Next Earnings
Apr 26, 2024EPS Estimate
€1.95Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding534,863,000
10 Day Avg. Volume32
30 Day Avg. Volume111
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)18.09
Price to Sales (P/S)0.91
Price to Cash Flow (P/CF)45.40
P/FCF Ratio55.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.24
Enterprise Value/Gross Profit0.24
Enterprise Value/Ebitda6.30
Forecast
1Y Price Target
€85.41Price Target Upside24.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Centene News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalysts believe the guidance of at least $6.70 is conservative and indicates potential for upward revisions.
Growth PotentialThe company's Health Insurance Exchange (HIX) membership has significantly increased, indicating strong growth in this segment.
Market PositionFlorida's Medicaid Invitation to Negotiate (ITN) has a bias towards comprehensive providers and incumbents, which could favor the company's current market position.
Bears Say
Earnings RiskMedicare MLR of 95.3% increased significantly, suggesting escalating costs that could impact profitability.
Financial PerformanceCNC’s MA franchise has experienced two years of double-digit enrollment declines with negative margins in 2024 due to reimbursement / STARS pressures.
Market ChallengesTotal membership declined by -495K during Q4 (-1.8% q/q), indicating a significant reduction in the customer base.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
1.15% Other Institutional Investors
98.85% Public Companies and
Individual Investors
QEN FAQ
What was Centene’s price range in the past 12 months?
Centene lowest stock price was €56.45 and its highest was €75.00 in the past 12 months.
What is Centene’s market cap?
Currently, no data Available
When is Centene’s upcoming earnings report date?
Centene’s upcoming earnings report date is Apr 26, 2024 which is 9 days ago.
How were Centene’s earnings last quarter?
Centene released its earnings results on Feb 06, 2024. The company reported €0.424 earnings per share for the quarter, beating the consensus estimate of €0.396 by €0.028.
Is Centene overvalued?
According to Wall Street analysts Centene’s price is currently Undervalued.
Does Centene pay dividends?
Centene does not currently pay dividends.
What is Centene’s EPS estimate?
Centene’s EPS estimate is €1.95.
How many shares outstanding does Centene have?
Currently, no data Available
What happened to Centene’s price movement after its last earnings report?
Centene reported an EPS of €0.424 in its last earnings report, beating expectations of €0.396. Following the earnings report the stock price went up 0.144%.
Which hedge fund is a major shareholder of Centene?
Among the largest hedge funds holding Centene’s share is Farallon Capital Management, L.L.C.. It holds Centene’s shares valued at 307M.
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Centene Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€85.41 (24.43% Upside)
€85.41 (24.43% Upside)
Blogger Sentiment
Bullish
DE:QEN Sentiment 86%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.80%
12-Months-Change
Fundamentals
Return on Equity
10.83%
Trailing 12-Months
Asset Growth
9.37%
Trailing 12-Months
Company Description
Centene
Centene Corporation is a diversified healthcare company that primarily engages in providing programs and services to the government sponsored healthcare programs. The company is also engaged in providing education and outreach programs to assist members in accessing quality and appropriate healthcare services.
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QEN Earnings Call
Q4 2024
0:00 / 0:00
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QEN Revenue Breakdown
88.08% Premium
9.03% Premium tax
2.90% Service
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QEN Stock 12 Months Forecast
Average Price Target
€85.41
▲(24.43% Upside)
Technical Analysis
Best Analysts Covering QEN
1 Year
1 Year Success Rate
37/51 ratings generated profit
1 Year Average Return
+18.79%
reiterated a buy rating 3 months ago
Copying Michael Wiederhorn's trades and holding each position for 1 Year would result in 72.55% of your transactions generating a profit, with an average return of +18.79% per trade.
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