Professional
Added to YB: 2025-10-14
Pitch date: 2025-09-30
CNC [neutral]
Centene Corporation
+13.15%
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
$35.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.90
P/E
-3.62
EV/Sales
0.12
Sector
Health Care Providers and Services
Category
turnaround
Oakmark Fund Portfolio Holding: Centene Corporation
CNC (holding update): Managed care co withdrew then cut 2025 EPS guidance due to Medicaid/Marketplace cost pressures. Stock declined but current valuation implies structural issues while mgmt believes headwinds are temporary with meaningful earnings recovery expected in coming years.
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