Added to YB: 2025-09-30
Pitch date: 2025-09-27
CNC [neutral]
Centene Corporation
+17.72%
current return
Author Info
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
$34.70
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
Updates on a few key stonks and other stuffs - Centene Corporation
CNC (updates): Medicaid/ACA insurer trading 7x P/E after EPS guidance cut from $7 to $1.75 due to ballooning medical claims. Temporal headwinds as HBR deteriorated from 88% to 95%. Rate resets expected Jan 2026 for 40% of Medicaid book should normalize margins. Upside of $70 price target 10x earnings vs $30 current price.
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