Centene Corporation (NYSE:CNC) Valuation According To Analysts

Marco Green
October 12, 2017

Chase Investment Counsel Corp acquired 29,086 shares as Burlington Stores Inc (BURL)'s stock rose 10.27%. The Tpg-Axon Management Lp holds 49,300 shares with $3.94M value, down from 131,300 last quarter. The stock declined 1.01% or $0.93 reaching $91.46 on the news. 531,784 shares of the stock traded hands. (NYSEAMERICAN:FSI) has risen 44.35% since October 11, 2016 and is uptrending. It has outperformed by 14.87% the S&P500. They now have a Dollars 111 price target on the stock. Centene Corp Del now has $16.57 billion valuation. About 379,971 shares traded.

Centene Corp. (CNC) now has a Return on Assets (ROA) value of 3.9 Percent. It has outperformed by 15.86% the S&P500.

Since May 1, 2017, it had 0 buys, and 4 sales for $1.24 million activity. GEPHARDT Richard A also sold $336,603 worth of Centene Corp (NYSE:CNC) on Monday, June 12.

Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock. Keybank National Association OH now owns 3,180 shares of the company's stock worth $254,000 after buying an additional 36 shares during the period.

The share price of Centene Corporation (NYSE:CNC) was down -0.89% during the last trading session, with a day high of 0.00. This translates into $215.58M profit for CNC giving the stock a 19.22 P/E. The company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.30 by $0.29.

$163,004 worth of Centene Corp (NYSE:CNC) was sold by BROOKS MARK J. Shares for $450,000 were sold by Williamson Keith H on Monday, May 1.

Mackinac Financial Corporation is a bank holding Company of mBank. The stock of Centene Corp (NYSE:CNC) earned "Buy" rating by Oppenheimer on Tuesday, July 25. Morgan Stanley maintained it with "Overweight" rating and $94 target in Wednesday, July 26 report. The stock has "Outperform" rating by Credit Suisse on Wednesday, October 5.

04/26/2017 - Centene Corporation had its "buy" rating reiterated by analysts at Jefferies. Cantor Fitzgerald has "Buy" rating and $9000 target. Barclays Capital maintained Centene Corp (NYSE:CNC) rating on Wednesday, February 8. On Thursday, March 23 the stock rating was downgraded by Citigroup to "Neutral". Barclays Capital maintained it with "Equal-Weight" rating and $72 target in Wednesday, January 6 report.

Investors sentiment decreased to 1.21 in 2017 Q2. The Lower end of the earnings estimate is $0.9, while the higher end of the earnings estimate is $1.1. The ratio is negative, as 258 institutional investors increased and opened new holdings, while 214 sold and decreased their stock positions in Centene Corp. 93 funds opened positions while 165 raised stakes. Ent Fincl Svcs has 0.01% invested in Centene Corp (NYSE:CNC) for 370 shares. Meristem Llp holds 1.01% or 30,810 shares in its portfolio. Investors who are keeping close eye on the stock of Centene Corporation (NYSE:CNC) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 6.17 and sector's optimum level is 10.91. Keybank National Association OH boosted its holdings in shares of Centene Corporation by 1.1% during the 2nd quarter. Bronfman E.L. Rothschild L.P. boosted its stake in Centene Corp by 5.9% in the first quarter. Veritable L P accumulated 2,537 shares.

In other news, Director Robert K. Ditmore sold 4,167 shares of Centene Corporation stock in a transaction dated Thursday, July 27th. Shamrock Asset Mngmt Lc holds 261 shares or 0.01% of its portfolio. Menta Cap Ltd Liability invested in 9,408 shares. Banc Funds Co Llc owns 226,307 shares or 0.14% of their U.S. portfolio. It also upped Red Hat (NYSE:RHT) stake by 98,671 shares and now owns 189,869 shares. Ollies Bargain Outlt Hldgs I was reduced too.

Since January 1, 0001, it had 0 insider buys, and 3 selling transactions for $27,728 activity. IFP Advisors Inc now owns 1,944 shares of the company's stock valued at $155,000 after purchasing an additional 170 shares during the last quarter. Crimmins John had sold 22,000 shares worth $2.14 million. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. Therefore 81% are positive. Highland Cap Management Ltd Limited Liability Company holds 12,892 shares or 0.08% of its portfolio.

09/13/2017 - Centene Corporation had its "outperform" rating reiterated by analysts at Cowen. Telsey Advisory Group maintained Burlington Stores Inc (NYSE:BURL) rating on Friday, August 26. They now have a United States dollars 95 price target on the stock. Its down 0.12, from 0.95 in 2017Q1. California Pub Employees Retirement, California-based fund reported 332,159 shares. Morgan Stanley has 0% invested in Flexible Solutions International, Inc. Vaughan Nelson Investment LP invested in 0.56% or 585,675 shares. Thomas White Int holds 0.09% or 6,900 shares. Strs Ohio accumulated 0.02% or 55,000 shares. Tiedemann Wealth Mgmt stated it has 16,190 shares or 0.09% of all its holdings. Norinchukin State Bank The reported 11,956 shares. Palisade Cap Mngmt Limited Liability Corp Nj reported 0.28% stake. Spears Abacus Ltd Company holds 0.07% or 296,500 shares.

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