Centene Statistics
Total Valuation
Centene has a market cap or net worth of $39.58 billion. The enterprise value is $37.91 billion.
| Market Cap | 39.58B |
| Enterprise Value | 37.91B |
Important Dates
The last earnings date was 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 -2.85% in one year.
| Shares Outstanding | 534.86M |
| Shares Change (YoY) | -2.85% |
| Shares Change (QoQ) | +0.09% |
| Owned by Insiders (%) | 0.30% |
| Owned by Institutions (%) | 98.11% |
| Float | 532.50M |
Valuation Ratios
The trailing PE ratio is 14.65 and the forward PE ratio is 10.86. Centene's PEG ratio is 0.68.
| PE Ratio | 14.65 |
| Forward PE | 10.86 |
| PS Ratio | 0.25 |
| Forward PS | 0.27 |
| PB Ratio | 1.47 |
| P/FCF Ratio | 15.21 |
| PEG Ratio | 0.68 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.69, with an EV/FCF ratio of 14.57.
| EV / Earnings | 13.86 |
| EV / Sales | 0.24 |
| EV / EBITDA | 6.69 |
| EV / EBIT | 8.60 |
| EV / FCF | 14.57 |
Financial Position
The company has a current ratio of 1.17, with a Debt / Equity ratio of 0.67.
| Current Ratio | 1.17 |
| Quick Ratio | 1.11 |
| Debt / Equity | 0.67 |
| Debt / EBITDA | 3.18 |
| Debt / FCF | 6.92 |
| Interest Coverage | 6.10 |
Financial Efficiency
Return on equity (ROE) is 10.50% and return on invested capital (ROIC) is 4.65%.
| Return on Equity (ROE) | 10.50% |
| Return on Assets (ROA) | 3.30% |
| Return on Capital (ROIC) | 4.65% |
| Revenue Per Employee | $2.32M |
| Profits Per Employee | $40,821 |
| Employee Count | 67,000 |
| Asset Turnover | 1.86 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Centene has paid $953.00 million in taxes.
| Income Tax | 953.00M |
| Effective Tax Rate | 25.84% |
Stock Price Statistics
The stock price has increased by +11.06% 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 | +11.06% |
| 50-Day Moving Average | 76.32 |
| 200-Day Moving Average | 72.25 |
| Relative Strength Index (RSI) | 46.67 |
| Average Volume (30 Days) | 3,036,732 |
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 $155.52 billion and earned $2.74 billion in profits. Earnings per share was $5.05.
| Revenue | 155.52B |
| Gross Profit | 17.39B |
| Operating Income | 2.82B |
| Pretax Income | 3.69B |
| Net Income | 2.74B |
| EBITDA | 5.67B |
| EBIT | 4.41B |
| Earnings Per Share (EPS) | $5.05 |
Balance Sheet
The company has $19.67 billion in cash and $18.00 billion in debt, giving a net cash position of $1.67 billion or $3.12 per share.
| Cash & Cash Equivalents | 19.67B |
| Total Debt | 18.00B |
| Net Cash | 1.67B |
| Net Cash Per Share | $3.12 |
| Equity / Book Value | 26.96B |
| Book Value Per Share | 50.40 |
| Working Capital | 5.66B |
Cash Flow
In the last 12 months, operating cash flow was $3.33 billion and capital expenditures -$725.00 million, giving a free cash flow of $2.60 billion.
| Operating Cash Flow | 3.33B |
| Capital Expenditures | -725.00M |
| Free Cash Flow | 2.60B |
| FCF Per Share | $4.86 |
Margins
Gross margin is 11.18%, with operating and profit margins of 1.81% and 1.76%.
| Gross Margin | 11.18% |
| Operating Margin | 1.81% |
| Pretax Margin | 2.37% |
| Profit Margin | 1.76% |
| EBITDA Margin | 3.64% |
| EBIT Margin | 2.84% |
| FCF Margin | 1.67% |
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 | 2.85% |
| Shareholder Yield | 2.85% |
| Earnings Yield | 6.91% |
| FCF Yield | 6.58% |
Analyst Forecast
The average price target for Centene is $85.36, which is 15.35% higher than the current price. The consensus rating is "Buy".
| Price Target | $85.36 |
| Price Target Difference | 15.35% |
| 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 2.79 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.79 |
| Piotroski F-Score | 8 |