Professional
Added to YB: 2025-01-22
Pitch date: 2025-01-21
CNC [bullish]
Centene Corporation
-35.26%
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
$63.10
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
value
Greenlight Capital New Position: Centene Corporation
CNC: Largest Managed Medicaid co at 9x P/E. Underearning in Medicaid book. Low valuation due to ACA subsidy concerns & potential Trump admin changes. Medicaid repricing could offset headwinds. Management buying back shares & making personal purchases. Potential for significant upside as risks may not materialize.
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