Added to YB: 2025-09-03
Pitch date: 2025-07-14
CNC [bullish]
Centene Corporation
+32.75%
current return
Author Info
No bio for this author
Company Info
Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.
Market Cap
$19.0B
Pitch Price
$30.47
Price Target
70.00 (+71%)
Dividend
N/A
EV/EBITDA
4.90
P/E
-3.62
EV/Sales
0.12
Sector
Health Care Providers and Services
Category
turnaround
Centene Corporation - $CNC
CNC: $32 price (-56% from highs) after mgmt withdrew guidance citing $1.8B ACA risk-adjustment shortfall + elevated Medicaid costs. Trading 4.5x 2024 adj EPS $7.17. Transitory headwinds as cost trends stabilize & pricing catches up should drive EPS recovery to $7.06 in 18-24mo. $70 price target (10x multiple). Risks: accelerating medical inflation, more risk-adjustment surprises.
Read full article (5 min)