In Thursday’s Wall Street session, Centene Corp (NYSE:CNC) shares traded at $53.57, up 0.11% from the previous session.
CNC stock price is now -7.79% away from the 50-day moving average and -13.16% away from the 200-day moving average. The market capitalization of the company currently stands at $26.66B.
On June 02, 2025, Barclays Downgraded its previous ‘Overweight’ rating to ‘Equal Weight’ on the stock keeping its target price maintained at $65, while ‘Jefferies’ rates the stock as ‘Hold’
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 $1.03 million. A total of 1.17% of the company’s stock is owned by insiders.
During the past 12 months, Centene Corp has had a low of $52.93 and a high of $80.59. According to the stock market information, the enterprise value for the company is $27792592896, which is based on a 7.98 price-to-earnings ratio, a 0.98 price-to-earnings-growth ratio, and a beta of 0.45. The fifty day moving average price for CNC is $58.0956 and a two-hundred day moving average price translates $61.68595 for the stock.
The latest earnings results from Centene Corp (NYSE: CNC) was released for 2025-03-31. The net profit margin was 2.04% and return on equity was 12.59% for CNC. The company reported revenue of $46.62 billion for the quarter, compared to $40.41 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 15.38 percent.
