Centene Statistics
Total Valuation
Centene has a market cap or net worth of $40.56 billion. The enterprise value is $38.74 billion.
| Market Cap | 40.56B |
| Enterprise Value | 38.74B |
Important Dates
The next confirmed earnings date is Friday, April 26, 2024, before market open.
| Earnings Date | Apr 26, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Centene has 534.86 million shares outstanding. The number of shares has decreased by -6.24% in one year.
| Shares Outstanding | 534.86M |
| Shares Change (YoY) | -6.24% |
| Shares Change (QoQ) | -0.68% |
| Owned by Insiders (%) | 0.30% |
| Owned by Institutions (%) | 98.12% |
| Float | 532.50M |
Valuation Ratios
The trailing PE ratio is 15.32 and the forward PE ratio is 11.13. Centene's PEG ratio is 0.68.
| PE Ratio | 15.32 |
| Forward PE | 11.13 |
| PS Ratio | 0.26 |
| Forward PS | 0.27 |
| PB Ratio | 1.57 |
| P/FCF Ratio | 5.59 |
| PEG Ratio | 0.68 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.89, with an EV/FCF ratio of 5.34.
| EV / Earnings | 14.34 |
| EV / Sales | 0.25 |
| EV / EBITDA | 6.89 |
| EV / EBIT | 8.96 |
| EV / FCF | 5.34 |
Financial Position
The company has a current ratio of 1.11, with a Debt / Equity ratio of 0.69.
| Current Ratio | 1.11 |
| Quick Ratio | 0.96 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 3.17 |
| Debt / FCF | 2.46 |
| Interest Coverage | 5.97 |
Financial Efficiency
Return on equity (ROE) is 10.60% and return on invested capital (ROIC) is 5.03%.
| Return on Equity (ROE) | 10.60% |
| Return on Assets (ROA) | 3.20% |
| Return on Capital (ROIC) | 5.03% |
| Revenue Per Employee | $2.30M |
| Profits Per Employee | $40,328 |
| Employee Count | 67,000 |
| Asset Turnover | 1.84 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Centene has paid $899.00 million in taxes.
| Income Tax | 899.00M |
| Effective Tax Rate | 24.97% |
Stock Price Statistics
The stock price has increased by +12.09% in the last 52 weeks. The beta is 0.39, so Centene's price volatility has been lower than the market average.
| Beta (1Y) | 0.39 |
| 52-Week Price Change | +12.09% |
| 50-Day Moving Average | 76.45 |
| 200-Day Moving Average | 72.12 |
| Relative Strength Index (RSI) | 55.52 |
| Average Volume (30 Days) | 3,088,100 |
Short Selling Information
The latest short interest is 8.20 million, so 1.53% of the outstanding shares have been sold short.
| Short Interest | 8.20M |
| Short Previous Month | 8.84M |
| Short % of Shares Out | 1.53% |
| Short % of Float | 1.54% |
| Short Ratio (days to cover) | 2.58 |
Income Statement
In the last 12 months, Centene had revenue of $154.00 billion and earned $2.70 billion in profits. Earnings per share was $4.95.
| Revenue | 154.00B |
| Gross Profit | 17.32B |
| Operating Income | 2.93B |
| Pretax Income | 3.60B |
| Net Income | 2.70B |
| EBITDA | 5.62B |
| EBIT | 4.33B |
| Earnings Per Share (EPS) | $4.95 |
Balance Sheet
The company has $19.65 billion in cash and $17.83 billion in debt, giving a net cash position of $1.82 billion or $3.41 per share.
| Cash & Cash Equivalents | 19.65B |
| Total Debt | 17.83B |
| Net Cash | 1.82B |
| Net Cash Per Share | $3.41 |
| Equity / Book Value | 25.84B |
| Book Value Per Share | 48.31 |
| Working Capital | 4.04B |
Cash Flow
In the last 12 months, operating cash flow was $8.05 billion and capital expenditures -$799.00 million, giving a free cash flow of $7.25 billion.
| Operating Cash Flow | 8.05B |
| Capital Expenditures | -799.00M |
| Free Cash Flow | 7.25B |
| FCF Per Share | $13.35 |
Margins
Gross margin is 11.24%, with operating and profit margins of 1.90% and 1.75%.
| Gross Margin | 11.24% |
| Operating Margin | 1.90% |
| Pretax Margin | 2.34% |
| Profit Margin | 1.75% |
| EBITDA Margin | 3.65% |
| EBIT Margin | 2.81% |
| FCF Margin | 4.71% |
Dividends & Yields
Centene does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 6.24% |
| Shareholder Yield | 6.24% |
| Earnings Yield | 6.66% |
| FCF Yield | 17.88% |
Analyst Forecast
The average price target for Centene is $85.36, which is 12.55% higher than the current price. The consensus rating is "Buy".
| Price Target | $85.36 |
| Price Target Difference | 12.55% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | 4.24% |
| EPS Growth Forecast (5Y) | 16.64% |
Stock Splits
The last stock split was on February 7, 2019. It was a forward split with a ratio of 2:1.
| Last Split Date | Feb 7, 2019 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Centene has an Altman Z-Score of 2.66 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.66 |
| Piotroski F-Score | 8 |