Market experts has given a mean price target of $80.88 to Centene Corporation (NYSE:CNC) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $1.12 for the near-term quarter and $4.37 for this year.
The technical assessment of Centene Corporation Common Stoc pinpoints that the 50-day moving average of Centene Corporation (NYSE:CNC) stock is $68.65, and is trading $0.21 points away or +0.31% from 50-day moving average of $68.65. It is trading $3.64 or +5.59% off 200-day MA of $65.22.
The 52-week high of Centene Corporation (NYSE:CNC) was $75.57 while $47.36 is the low point in the same period. Centene Corporation Common Stoc share price has to rise more than $-6.71 to register a high for 52-weeks or drop +45.40% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Centene Corporation (NYSE:CNC) P/E ratio is 26.58 while PEG ratio is at 0.90. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Centene Corporation Common Stoc stock recorded a close of $68.86 in last trading session, which brings it market cap to $11.76B.
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