Centene Corp.

Centene Corp.

CNC

Market Cap$28.71B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Centene Corp.Centene Corp.8.6-13%0.20.7

Earnings Call Q4 2024

February 4, 2025 - AI Summary

Strong Financial Performance: Centene reported a fourth-quarter adjusted diluted EPS of $0.80 and full-year adjusted EPS of $7.17, reflecting a 7% growth year-over-year. The company also announced a $4 billion increase in 2025 revenue guidance, now anticipating total revenues between $158 billion to $160 billion.
Medicaid Outlook: The company serves 13 million Americans in its Medicaid portfolio and anticipates improved membership stability in 2025 after navigating through post-COVID eligibility redeterminations. They expect a composite rate adjustment of 3% to 4% for the full year, supported by constructive dialogues with state partners.
Medicare Advantage Improvement: Centene's Medicare business showed progress with 55% of members being associated with 3.5-star plans or better, up significantly from 23% the previous year. The company aims for breakeven in this segment by 2027, with strong expectations for revenue growth in Medicare Part D, projected to generate approximately $16 billion in 2025.

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$91.00

Target Price by Analysts

62.7% upsideCentene Target Price DetailsTarget Price
$94.99

Current Fair Value

69.9% upside

Undervalued by 69.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$28.71 Billion
Enterprise Value$33.84 Billion
Dividend Yield$0 (0%)
Earnings per Share$6.33
Beta0.49
Outstanding Shares500,424,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio8.61
PEG1.63
Price to Sales0.17
Price to Book Ratio1.08
Enterprise Value to Revenue0.21
Enterprise Value to EBIT10.61
Enterprise Value to Net Income10
Total Debt to Enterprise0.57
Debt to Equity0.73

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Centene Corp.

CEO: Michael Neidorff