BOWERS CHRISTOPHER D, EVP, Markets, subtracted 9,200 shares of Centene Corporation (CNC) from its portfolio at the rate of $65.01 per share valuing $598,092 on Feb 15. The insider left behind 121,898 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Centene Corporation (CNC) was $53.74. Currently, the 1st Resistance Point for this stock is $54.22, with a 2nd Resistance Point sitting at $54.70. Meanwhile, this company’s stock has a 1st Support Level at $53.26 and a 2nd Support Level at $52.77. Centene Corporation (CNC) stock has lost -$0.15, or -0.28%, in the past five days. In the last full month, these shares have lost -$1.16, or -2.11%. In the past three months, this stock’s price has fallen by -$6.24, or -10.40%. This year-to-date, Centene Corporation (CNC) shares have lost -$3.91, or -6.78%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Centene Corporation (CNC) stock, 20% of short-term indicators suggest that these shares are a “ Hold .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”
With 413,367 K shares outstanding, this company currently has a market capitalization of $22,193,674K. Centene Corporation (CNC) generates $60,116 M in annual sales, amounting to annual net income of $900,000 K. This stock has generated a 1-Year Total Return of -13.79%, a 3-Year Total Return of 60.39%, and a 5-year Total Return of 182.03%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.
In the most recently-reported fiscal quarter, which ended in Mar-19, Centene Corporation (CNC) reported earnings of $1.34 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.34 per share, representing a 0 difference and 0.25% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.69 represented a 0.03 difference from the consensus estimate calling for $0.66 per share, which was a 4.31% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.26 per share. This estimate came from a total of 11 Wall Street Analysts. Of those market experts, the high estimate was $1.30 and the low estimate was $1.22. In the year-ago quarter, Centene Corporation (CNC) generated per-share earnings of $0.90. If the analysts are correct about the current quarter’s earnings, the growth will be +40.00% .
Turning our focus now to insider trading activity, there have been 13 purchases (29,284 shares in total) and 2 sale (4,924 shares in total) in the last 3 months. In the last 6 months, there have been 28 insider buys amounting to 242,541 shares and 24 insider sales amounting to 321,625 shares. In the past full year, 50 insider purchases were made (involving 531,437 shares) and 66 insider sell-offs equivalent to 470,233 shares.
Moving onto liquidity, Centene Corporation (CNC) has a Current Ratio of 0.94. Looking at this company’s capital structure, its Total Debt to Total Equity is 61.24, its Total Debt to Total Capital is 37.98, and its Total Debt to Total Assets is now 21.64. Looking even further ahead into the future, its Long-Term Debt to Equity is 60.90 and its Long-Term Debt to Total Capital is 37.77.