Centene Corp. (CNC) Stock Forecast & Predictions

Centene Corp. CNC: $77.61

7700 Forsyth Blvd, St Louis, Missouri, US. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.centene.com

  • Market Cap$45.92B
  • Change (52 Weeks)25.32%
  • Low (52 Weeks)$57.16
  • Centene Corp. (CNC) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Centene Corp. (CNC) is based on 25 Institutional Analyst Ratings where 52.00% are on Strong Buy, 24.00% on Moderate Buy, 24.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 25 Institutional Analysts, majority recommended CNC stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Centene Corp..

    Centene Corp. (CNC) Stock Price Prediction By Analysts


    HighLowAverage
    $114.45$78.78$94.67
    $94.6721.98% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for CNC set by the institutional analysts is $94.67 where High Estimate is $114.45, Median $95.88 and Low $78.78.

    The average price target for CNC by Institutional Analysts is $94.67, which is 21.98% Upside from the current price. So according to the Institutional Analysts, CNC Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Centene Corp. (CNC) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BarclaysOverweightReiterated
    Morgan StanleyOverweightMaintained
    Goldman SachsNeutralInitiated
    Wells FargoOverweightMaintained
    OppenheimerOutperformMaintained
    Credit SuisseNeutralMaintained
    BMO CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyOverweightMaintained
    Wells FargoOverweightMaintained
    Seaport GlobalBuyInitiated
    Wells FargoOverweightMaintained
    Truist SecuritiesBuyMaintained
    MizuhoNeutralMaintained
    CitigroupBuyMaintained
    BMO CapitalOutperformMaintained
    B of A SecuritiesBuyMaintained
    Wells FargoOverweightInitiated
    Stephens & Co.OverweightUpgraded
    BMO CapitalOutperformMaintained
    MizuhoNeutralInitiated
    JefferiesHoldDowngraded
    SVB LeerinkOutperformMaintained
    SVB LeerinkOutperformMaintained
    Credit SuisseNeutralMaintained
    JefferiesBuyMaintained
    SVB LeerinkOutperformInitiated
    OppenheimerOutperformMaintained
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    JP MorganOverweightInitiated
    Credit SuisseNeutralMaintained
    CitigroupBuyMaintained
    Wells FargoOverweightMaintained
    Credit SuisseNeutralMaintained
    Wolfe ResearchOutperformUpgraded
    BMO CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Deutsche BankBuyMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyUpgraded
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    Cowen & Co.OutperformInitiated
    Stephens & Co.OverweightInitiated
    Cantor FitzgeraldOverweightMaintained
    Leerink SwannOutperformUpgraded
    OppenheimerOutperformMaintained
    Mitsubishi UFJOverweightInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    Cantor FitzgeraldOverweightMaintained
    Bank of AmericaBuyMaintained
    BarclaysOverweightInitiated
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyOverweightMaintained
    Leerink SwannMarket PerformMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseNeutralMaintained
    Cantor FitzgeraldOverweightMaintained
    Goldman SachsBuyInitiated
    Credit SuisseNeutralInitiated
    OppenheimerOutperformMaintained
    BMO CapitalOutperformInitiated
    JefferiesBuyMaintained
    Morgan StanleyOverweightMaintained
    UBSBuyMaintained
    Morgan StanleyOverweightMaintained
    CitigroupSellMaintained
    Bank of AmericaBuyMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightInitiated
    JP MorganNeutralDowngraded
    Deutsche BankBuyInitiated
    PiperJaffrayOverweightInitiated
    JP MorganOverweightInitiated
    Goldman SachsNeutralUpgraded
    BernsteinOutperformUpgraded
    Credit SuisseNeutralDowngraded
    Credit SuisseOutperformMaintained
    Evercore ISI GroupBuyInitiated
    Leerink SwannMarket PerformDowngraded
    JefferiesBuyMaintained
    Morgan StanleyOverweightUpgraded
    BarclaysOverweightUpgraded
    BernsteinMarket PerformInitiated
    Stifel NicolausBuyUpgraded
    Cowen & Co.OutperformInitiated
    BarclaysEqual-WeightMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    Leerink SwannOutperformMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformInitiated
    UBSBuyUpgraded
    Goldman SachsSellDowngraded
    JefferiesBuyUpgraded
    FBR CapitalOutperformUpgraded
    Wells FargoOutperformUpgraded
    BarclaysEqual-WeightDowngraded
    OppenheimerOutperformMaintained
    SusquehannaPositiveMaintained
    Leerink SwannOutperformMaintained
    JefferiesHoldMaintained
    Deutsche BankHoldMaintained
    Cantor FitzgeraldBuyMaintained
    BarclaysOverweightMaintained
    JefferiesHoldMaintained
    Cantor FitzgeraldBuyMaintained
    OppenheimerOutperformMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    BMO CapitalOutperformUpgraded
    CitigroupSellMaintained
    Credit SuisseOutperformMaintained
    JefferiesHoldMaintained
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Bank of AmericaBuyMaintained
    FBR CapitalMarket PerformDowngraded
    OppenheimerOutperformMaintained
    Credit SuisseOutperformMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    CitigroupSellMaintained
    BarclaysOverweightMaintained
    JP MorganNeutralMaintained
    Wells FargoMarket PerformDowngraded
    CitigroupSellMaintained
    FBR CapitalOutperformMaintained
    Deutsche BankHoldMaintained
    CitigroupOutperformMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldMaintained
    Sterne AgeeBuyInitiated
    OppenheimerOutperformMaintained
    UBSNeutralMaintained
    OppenheimerOutperformMaintained
    JP MorganNeutralMaintained
    Credit SuisseOutperformMaintained
    CitigroupSellDowngraded
    FBR CapitalOutperformMaintained
    Cantor FitzgeraldBuyMaintained
    Leerink SwannOutperformMaintained
    Deutsche BankHoldMaintained
    CitigroupHoldMaintained
    UBSNeutralInitiated
    CitigroupNeutralUpgraded
    Credit SuisseOutperformUpgraded
    Credit SuisseOutperformUpgraded
    SusquehannaPositiveUpgraded
    Deutsche BankHoldMaintained
    Morgan StanleyEqual-WeightInitiated
    Leerink SwannOutperformInitiated
    FBR CapitalOutperformInitiated
    Monness Crespi HardtNeutralDowngraded
    JefferiesHoldMaintained
    CitigroupSellDowngraded
    Deutsche BankHoldMaintained
    JefferiesHoldMaintained
    OppenheimerOutperformMaintained
    JefferiesHoldMaintained
    Monness Crespi HardtBuyMaintained
    Cantor FitzgeraldBuyUpgraded
    Deutsche BankHoldMaintained
    LazardBuyInitiated
    JefferiesHoldMaintained
    BMO CapitalMarket PerformMaintained
    Monness Crespi HardtBuyMaintained
    Raymond JamesMarket PerformDowngraded
    JefferiesHoldMaintained
    CitigroupNeutralMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    Bank of AmericaBuyMaintained
    Deutsche BankHoldMaintained
    JP MorganNeutralDowngraded
    JefferiesHoldMaintained
    CitigroupNeutralDowngraded
    BMO CapitalMarket PerformMaintained
    JefferiesHoldDowngraded
    Monness Crespi HardtBuyMaintained
    Bank of AmericaBuyUpgraded
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    Bank of AmericaUnderperformDowngraded
    Deutsche BankHoldMaintained
    Morgan StanleyUnderweightMaintained
    Cantor FitzgeraldBuyMaintained
    JefferiesBuyMaintained
    BMO CapitalMarket PerformMaintained
    JefferiesBuyInitiated

    Centene Corp. (CNC) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.712
    The average consensus EPS for CNC is $1.712 with a high estimate of $2.000 and Low of $1.352 for the period 2022-03-31 and based on 17 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.26$1.26352021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.99692021-12-31
    $1.26$1.26352021-09-30
    $1.25$1.4042021-06-30
    $1.63$1.6062021-03-31
    $0.46$0.47462020-12-31
    $1.26$0.98072020-09-30
    $2.4$2.40562020-06-30
    $0.86$0.99692020-03-31
    $0.73$0.73982019-12-31
    $0.96$0.96092019-09-30
    $1.34$1.24752019-06-30
    $1.34$1.352019-03-31
    $0.69$0.66812018-12-31
    $0.895$0.89322018-09-30
    $0.9$0.89312018-06-30
    $1.085$0.97292018-03-31
    $0.485$0.46832017-12-31
    $0.675$0.63092017-09-30
    $0.795$0.6652017-06-30
    $0.56$0.52892017-03-31
    $0.595$0.55952016-12-31
    $0.555$0.57982016-09-30
    $0.645$0.54842016-06-30
    $0.37$0.372016-03-31
    $0.475$0.43382015-12-31
    $0.42$0.39392015-09-30
    $0.365$0.35082015-06-30
    $0.26$0.23992015-03-31
    $0.435$0.42672014-12-31
    $0.2525$0.24462014-09-30
    $0.1975$0.18252014-06-30
    $0.1425$0.10952014-03-31
    $0.21$0.20932013-12-31
    $0.22$0.21272013-09-30
    $0.175$0.16432013-06-30
    $0.105$0.0962013-03-31
    $0.0425$0.08052012-12-31
    $0.1175$0.11982012-09-30
    $-0.04$-0.02682012-06-30
    $0.1125$0.12082012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).