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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Centene (CNC-N) is a healthcare provider to under-insured families and military personnel in the US. It is consistently building cash reserves, retiring debt, and buying back shares, indicating a strong financial position. The stock is trading at a reasonable 16x earnings and under 2x book value with a 10% return on equity. Analysts are bullish on its upside potential, with price targets ranging from $88 to $89.64. Overall, Centene presents a compelling investment opportunity given its position in the growing healthcare sector and strong financial performance.

Consensus
Bullish
Valuation
Undervalued
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
Centene
(A Top Pick Feb 29/24, Down 7.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with CNC has triggered its stop at $72.  To remain disciplined, we recommend covering the position at this time.  This will result in a net investment loss of 5%, when combined with our previous recommendation.

Healthcare
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Centene
Stockchase Research Editor: Michael O’Reilly

We reiterate CNC, a provider of healthcare to under-insured families and military personnel in the US as a TOP PICK.  It continues to build cash reserves, while retiring debt and buying back shares.  It trades at 16x earnings, under 2x book and supports a 10% ROE.  We recommend trailing up the stop (from $63) to $72, looking to achieve $90 — upside potential of 16%.  Yield 0%

(Analysts’ price target is $89.64)
Healthcare
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Centene
Stockchase Research Editor: Michael O'Reilly

CNC provides healthcare to under-insured families and military personnel in the US.  Healthcare is a sector expected to grow for years to come as the population ages.  It trades at 1.6x book and 17x earnings.  Cash reserves are growing as stock is aggressively bought back and debt is retired.  We recommend placing a stop-loss at $63, looking to achieve $88 -- upside potential of 20%.  Yield 0% 

(Analysts’ price target is $88.33)
Healthcare
BUY
Centene

About as cheap as it's been in the last 5 years at 1.25x book. FMV is 93% above current price. Earnings and FMV continue to rise. A good buying opportunity.

Healthcare
BUY
Centene
They report Tuesday. It can go higher. It's a takeover target.
Healthcare
BUY
Centene
Friday it holds its analysts meeting where he expects to hear of strong cash flow and buybacks. T
Healthcare
BUY
Centene
His favourite health insurer. CNC mostly manages government health plans, so it will benefit huge from any expansion of medicare. It down modestly from its high, but this boasts an ultra-low 14x earnings. Meanwhile, their acquisitions are working well and they're buying back lots of shares.
Healthcare
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Centene(CNC-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Centene is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Centene(CNC-N) Frequently Asked Questions

What is Centene stock symbol?

Centene is a American stock, trading under the symbol CNC-N on the New York Stock Exchange (CNC). It is usually referred to as NYSE:CNC or CNC-N

Is Centene a buy or a sell?

In the last year, 2 stock analysts published opinions about CNC-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Centene.

Is Centene a good investment or a top pick?

Centene was recommended as a Top Pick by on . Read the latest stock experts ratings for Centene.

Why is Centene stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Centene worth watching?

2 stock analysts on Stockchase covered Centene In the last year. It is a trending stock that is worth watching.

What is Centene stock price?

On 2024-04-16, Centene (CNC-N) stock closed at a price of $72.26.