Centene Corporation (NYSE: CNC) is one of 14 publicly-traded companies in the “Managed Health Care” industry, but how does it compare to its peers? We will compare Centene Corporation to related companies based on the strength of its profitability, valuation, institutional ownership, analyst recommendations, earnings, risk and dividends.
This is a breakdown of recent ratings and target prices for Centene Corporation and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Centene Corporation Competitors||79||872||1424||22||2.58|
Centene Corporation currently has a consensus target price of $94.94, suggesting a potential upside of 1.22%. As a group, “Managed Health Care” companies have a potential upside of 1.51%. Given Centene Corporation’s peers higher possible upside, analysts clearly believe Centene Corporation has less favorable growth aspects than its peers.
Risk & Volatility
Centene Corporation has a beta of 0.68, indicating that its stock price is 32% less volatile than the S&P 500. Comparatively, Centene Corporation’s peers have a beta of 0.76, indicating that their average stock price is 24% less volatile than the S&P 500.
This table compares Centene Corporation and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Centene Corporation Competitors||1.70%||10.53%||3.41%|
Institutional & Insider Ownership
92.1% of Centene Corporation shares are held by institutional investors. Comparatively, 90.2% of shares of all “Managed Health Care” companies are held by institutional investors. 3.0% of Centene Corporation shares are held by insiders. Comparatively, 2.5% of shares of all “Managed Health Care” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Valuation & Earnings
This table compares Centene Corporation and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Centene Corporation||$43.65 billion||$2.19 billion||20.62|
|Centene Corporation Competitors||$52.30 billion||$3.74 billion||17.70|
Centene Corporation’s peers have higher revenue and earnings than Centene Corporation. Centene Corporation is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Centene Corporation beats its peers on 8 of the 13 factors compared.
Centene Corporation Company Profile
Centene Corporation is a healthcare company. The Company provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. The Company operates through two segments: Managed Care and Specialty Services. The Company’s Managed Care segment provides health plan coverage to individuals, through government subsidized programs, including Medicaid, the State Children’s Health Insurance Program (CHIP), Long Term Care, Foster Care, dual-eligible individuals (Duals) and the Supplemental Security Income Program, also known as the Aged, Blind or Disabled Program (ABD), Medicare, and Health Insurance Marketplace. Its Specialty Services segment consists of its specialty companies offering a range of healthcare services and products to state programs, correctional facilities, healthcare organizations, employer groups and other commercial organizations, as well as to its own subsidiaries.
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