The stock of Centene Corp (NYSE:CNC) last traded at $60.23, down -0.51% from the previous session.
CNC stock price is now 0.19% away from the 50-day moving average and -8.32% away from the 200-day moving average. The market capitalization of the company currently stands at $29.88B.
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, while ‘UBS’ rates the stock as ‘Buy’
In other news, FASOLA KENNETH J, Officer bought 8,500 shares of the company’s stock on Mar 21 ’25. The stock was bought for $501,970 at an average price of $59.06. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 18 ’24, Director Greco Thomas bought 17,000 shares of the business’s stock. A total of $1,015,750 was incurred on buying the stock at an average price of $59.75. This leaves the insider owning 19,309 shares of the company worth $1.16 million. A total of 1.23% of the company’s stock is owned by insiders.
During the past 12 months, Centene Corp has had a low of $55.03 and a high of $80.59. According to the stock market information, the enterprise value for the company is $32720730112, which is based on a 9.64 price-to-earnings ratio, a 1.05 price-to-earnings-growth ratio, and a beta of 0.55. The fifty day moving average price for CNC is $60.1134 and a two-hundred day moving average price translates $65.69595 for the stock.
The latest earnings results from Centene Corp (NYSE: CNC) was released for 2024-12-31. The net profit margin was 2.03% and return on equity was 12.65% for CNC. The company reported revenue of $40.8 billion for the quarter, compared to $39.46 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.41 percent.
