US stock · Healthcare sector · Healthcare Plans
C
Centene Corporation
CNC
NYSE69.00
USD
+1.38
(+2.04%)
Market Closed
31.42P/E
10Forward P/E
1.49P/E to S&P500
37.865BMarket CAP
- -Div Yield
Upcoming Earnings
28 Jul
Shares Short
5/31/23
7.45M
Short % of Float
1.54%
Short % of Shares Outs.
1.36%
% Held by Insiders
0.65%
% Held by Institutions
97.28%
Beta
0.56
PEG Ratio
0.91
52w. high/low
98.53/61.34
Avg. Daily Volume
3.80M
Return %
Stock
S&P 500
1 year
(23.68)
(9.05)
3 years
6.25
50.26
5 years
26.98
38.50
Scale: |
High
Low
7.12
3.27
5.63
3.75
6.61
4.40
10.20
6.27
12.74
6.07
16.96
10.14
27.12
13.78
41.50
25.46
37.78
23.68
52.33
28.00
74.49
48.80
69.25
41.62
74.70
43.96
85.44
57.16
98.53
73.19
83.61
63.99
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
16.76
19.44
23.83
22.81
26.60
42.07
50.18
71.17
95.55
127.24
140.24
154.05
180.51
194.69
216.15
251.30
Earnings per share
0.42
0.48
0.49
0.49
0.55
0.01
0.76
1.16
1.49
1.76
2.40
2.31
3.19
3.17
2.31
2.09
FCF per share
0.85
0.91
0.96
0.30
0.94
0.95
1.45
4.81
2.13
4.84
3.09
1.43
1.82
8.12
5.65
9.14
Dividends per share
- -
- -
- -
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CAPEX per share
0.31
0.38
0.48
0.56
0.37
0.40
0.31
0.44
0.63
0.96
1.22
1.73
1.77
1.52
1.56
1.75
Book Value per sh.
2.38
2.90
3.49
4.07
4.66
4.63
5.70
7.49
9.06
18.47
19.86
27.97
30.35
45.16
45.97
41.82
Comm.Shares outs.
174
173
172
195
201
206
217
233
238
319
345
390
413
571
583
575
Avg. annual P/E ratio
13.5
10.3
9.7
11.4
14.8
1,117.2
17.2
16.2
21.4
17.8
16.9
26.5
17.0
19.7
29.1
40.1
P/E to S&P500
0.8
0.5
0.1
0.5
0.9
75.1
1.0
0.9
1.1
0.8
0.7
1.1
0.7
0.5
1.0
1.9
Avg. annual div. yield
- -
- -
- -
0.7%
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue (m)
2,919
3,365
4,103
4,448
5,341
8,668
10,863
16,560
22,760
40,607
48,382
60,116
74,639
111,115
125,982
144,547
Operating margin
1.9%
3.9%
3.4%
3.5%
3.6%
(0.3)%
2.6%
2.8%
3.1%
3.1%
2.5%
2.4%
2.4%
2.8%
1.4%
0.9%
Depreciation (m)
28
35
44
52
58
66
67
89
111
278
361
495
643
1,259
1,476
1,553
Net profit (m)
73
83
84
95
111
2
165
271
355
562
828
900
1,321
1,808
1,347
1,202
Income tax rate
35.1%
38.4%
35.5%
38.8%
38.0%
2.8%
39.8%
42.9%
48.6%
51.8%
28.7%
34.6%
26.5%
35.3%
26.3%
38.7%
Net profit margin
2.5%
2.5%
2.0%
2.1%
2.1%
0.0%
1.5%
1.6%
1.6%
1.4%
1.7%
1.5%
1.8%
1.6%
1.1%
0.8%
Working capital (m)
(40)
25
(100)
(108)
102
177
241
134
(24)
(258)
(629)
27
7,391
1,808
2,732
1,664
Long-term debt (m)
206
265
307
328
348
535
666
888
1,216
4,651
4,695
6,648
13,638
18,016
18,571
17,938
Equity (m)
415
501
601
794
936
953
1,234
1,744
2,157
5,895
6,850
10,917
12,551
25,773
26,795
24,057
ROIC
11.4%
11.6%
9.9%
9.0%
9.1%
1.4%
9.2%
9.8%
10.2%
5.7%
8.0%
6.0%
5.8%
4.8%
3.5%
3.3%
Return on capital
10.0%
10.5%
8.8%
8.9%
9.0%
0.8%
8.5%
8.6%
10.1%
6.8%
6.5%
5.6%
5.4%
5.1%
3.2%
3.4%
Return on equity
17.7%
16.7%
13.9%
11.9%
11.9%
0.2%
13.4%
15.5%
16.5%
9.5%
12.1%
8.2%
10.5%
7.0%
5.0%
5.0%
Plowback ratio
100.0%
100.0%
100.0%
92.2%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Div.&Repurch./FCF
6.4%
15.0%
3.8%
(158.9)%
4.2%
6.5%
1.4%
2.6%
10.4%
4.1%
6.1%
(484.4)%
10.0%
13.5%
9.0%
57.6%
Capital Structure
21 Feb · 2023 | Q4
All numbers in millions
Total liabilities
$ 52,633
Total assets
$ 76,870
Long-term debt
$ 17,938
Cash and equiv.
$ 12,074
Goodwill
$ 18,812
Retained earnings
$ 9,341
Common stock
560
Enterprise Value
$ 43,729
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
12,380
14,657
14,395
Receivables
9,696
12,238
13,272
Inventory
- -
- -
- -
Other
1,317
3,920
3,735
Current assets
23,393
28,497
30,128
Acc. Payable
6,865
8,493
9,525
Debt due
301
267
82
Other
14,419
17,005
18,857
Current liabilities
21,585
25,765
28,464
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
14.74%
25.29%
34.76%
Cash flow
59.54%
145.19%
100.85%
Earnings
(10.76)%
11.85%
28.54%
Dividends
- -
- -
- -
Book value
(10.22)%
28.52%
47.55%
Insider Trading
Type
Shares
Date
Murray James E
Award
25
03/03/23
Asher Andrew Lynn
InKind
2,227
03/02/23
London Sarah
InKind
2,523
02/28/23
Murray James E
Award
24
02/17/23
Asher Andrew Lynn
Purchase
3,800
02/10/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
26,025
27,712
29,090
28,288
111,115
2021
29,983
31,025
32,406
32,568
125,982
2022
37,185
35,936
35,865
35,561
144,547
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.08
2.11
1.00
(0.02)
3.17
2021
1.20
(0.92)
1.00
1.03
2.31
2022
1.48
(0.30)
1.28
(0.37)
2.09
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
- -
- -
- -
- -
- -
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
Company Description
Sector:
Healthcare
Industry:
Healthcare Plans
CEO:
Mr. Brent Davis Layton
Full-time employees:
72,500
City:
Saint Louis
Address:
Centene Plaza
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services. This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.
Recent News
· 8 Feb, 2022 · The Wall Street Journal
· 14 Dec, 2021 · The Wall Street Journal
· 3 Nov, 2021 · The Wall Street Journal