Analyst Ratings for Centene Corp. (CNC)

Updated: 2017-07-28

Analysts covering Centene Corp. (NYSE:CNC) have given it a consensus rating of Overweight. CNC had previously received a consensus rating of Overweight a month ago.

Of the 20 analysts covering the stock, 12 gave it a buy rating, 1 issued an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

CNC was given price targets by several analysts. The most optimistic price target was 100, which equates to a potential upside of 23.2 percent. The lowest price target was 72, which equates to a potential downside of -11.3 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.17 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.17 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.57 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.47 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts made negative revisions. Also over the last month, 4 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of CNC's earnings is estimated by analysts to be 4.21 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CNC is 4.24.

In the trailing 52-weeks, CNC hit 87.94 at the highest peak, while it's lowest trading point was 50.00. Currently the stock is 62.34 percent higher than its low, and 7.7 percent lower than its 52-week high. CNC has a price/earnings ratio of 17.84. Investors typically compare the P/E ratio to a company's peers in the industry. The CNC value stock report compares CNC to some of its peers using value stock charts. The stock has a market capitalization of $14.37 billion. CNC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.