stock.name

Centene Corp.

CNC

Market Cap$41.28B
Close$

Compare Centene

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Centene Corp.Centene Corp.15.30%10%0.30.7
marketMarket Avg59.61.27%31%6.41
FinanceFinance Avg9.81.95%13%2.71.6

Earnings Call Q4 2023

February 6, 2024 - AI Summary

Centene reported strong fourth quarter and full year 2023 results, with adjusted EPS of $0.45 for the quarter and $6.68 for the full year.
The company raised its premium and service revenue guidance for 2024 by $2.5 billion, reflecting stronger than expected growth in the marketplace segment.
Centene's Medicaid business has been navigating the redeterminations process and is on track to resume organic enrollment growth. The company expects a membership reduction of approximately 1.9 million due to redeterminations, but remains confident in its 2024 Medicaid guidance.

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$99.14

Current Fair Value

26.5% upside

Undervalued by 26.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$41.28 Billion
Enterprise Value$59.11 Billion
Dividend Yield$0.0 (0.0%)
Earnings per Share$4.95
Beta0.37
Outstanding Shares534,863,000
Avg 30 Day Volume3,047,213

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio15.28
PEG-12.61
Price to Sales0.27
Price to Book Ratio1.63
Enterprise Value to Revenue0.38
Enterprise Value to EBIT17.09
Enterprise Value to Net Income21
Total Debt to Enterprise0.3
Debt to Equity0.69

Revenue Sources

No data

ESG Score

No data

About Centene Corp.

CEO: Michael Neidorff