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Last $69.93 USD
Change Today +0.72 / 1.04%
Volume 1.5M
CNC On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

centene corp (CNC) Snapshot

Open
$69.27
Previous Close
$69.21
Day High
$70.08
Day Low
$68.23
52 Week High
07/2/15 - $83.00
52 Week Low
08/6/14 - $35.49
Market Cap
8.3B
Average Volume 10 Days
1.9M
EPS TTM
$2.77
Shares Outstanding
119.1M
EX-Date
--
P/E TM
25.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for CENTENE CORP (CNC)

centene corp (CNC) Related Businessweek News

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centene corp (CNC) Details

Centene Corporation operates as a diversified, multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. It operates in two segments, Managed Care and Specialty Services. The Managed Care segment offers Medicaid and Medicaid-related health plan coverage to individuals through government subsidized programs, including Medicaid, the State children’s health insurance program, long-term care, foster care, and dual-eligible individuals, as well as aged, blind, or disabled programs. The Specialty Services segment provides behavioral healthcare programs; healthcare services to individuals; dental services; in-home health services; life and health management programs; vision network services; pharmacy benefits management services; and telehealth services. This segment also offers pharmacy services for complex diseases, including cystic fibrosis, hemophilia, hepatitis C, infertility, multiple sclerosis, oncology, and rheumatoid arthritis; and care management software that automate the clinical, administrative, and technical components of care management programs. This segment provides its services and products to state programs, healthcare organizations, employer groups, and other commercial organizations. Its health plans offer primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, behavioral health and substance abuse services, 24-hour nurse advice line, transportation assistance, immunizations, prenatal care, laboratory and x-ray services, prescriptions and limited over-the-counter drugs, therapies, social work services, and care coordination. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

13,400 Employees
Last Reported Date: 02/23/15
Founded in 1984

centene corp (CNC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $4.8M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $1.7M
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $1.2M
Chief Business Development Officer and Execut...
Total Annual Compensation: $1.4M
Chief Administration Officer and Executive Vi...
Total Annual Compensation: $1.3M
Compensation as of Fiscal Year 2014.

centene corp (CNC) Key Developments

Centene Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earning Guidance for the Full Year 2015

Centene Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the second quarter of 2013, total revenues were $5,506 million against $4,024 million of prior year period. Earnings from operations were $173 million against $93 million of prior year period. Net earnings attributable to corporation were $88 million against $49 million of prior year period. Diluted earnings per common share were $0.72 compared to $0.41 a year ago. Earnings from continuing operations, before income tax expense was $172 million compared to $91 million a year ago. Operating cash flow was $350 million for the second quarter of 2015. For the six months, the company’s total revenues were $10,637 million against $7,484 million of prior year period. Earnings from operations were $302 million against $163 million of prior year period. Net earnings attributable to corporation were $152 million against $81 million of prior year period. Diluted earnings per common share were $1.23 compared to $0.69 a year ago. Earnings from continuing operations, before income tax expense was $300 million compared to $159 million a year ago. Net cash provided by operating activities was $395 million compared to $412 million a year ago. Capital expenditures were $58 million compared to $42 million a year ago. The company provided earning guidance for the full year 2015. The company expects premium and service revenues of into the range from $20,800 million to $21,200 million, diluted EPS into the range from $2.74 to $2.82, effective tax rate into the range from 48% to 50%. The company estimates pro forma 2015 annual premium and service revenue of approximately $37 billion and adjusted EBITDA in excess of $1.5 billion.

Centene Corp., Health Net, Inc. - M&A Call

Centene Corp., Health Net, Inc. - M&A Call

Centene Corporation and Health Net, Inc. Announces Management Appointments

Centene Corporation and Health Net, Inc. announced that the boards of directors of both companies have unanimously approved a definitive agreement under which Centene will acquire all of the shares of Health Net in a cash and stock transaction valued at approximately $6.8 billion, including the assumption of approximately $500 million of debt. Upon closing of the transaction, Mr. Neidorff will lead the combined company as chairman, president and chief executive officer. Mr. Gellert will assist to achieve a smooth transition. The combined company will be headquartered in St. Louis, Mo, the location of Centene’s current headquarters, with operations throughout the country.

 

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Industry Analysis

CNC

Industry Average

Valuation CNC Industry Range
Price/Earnings 24.9x
Price/Sales 0.4x
Price/Book 4.2x
Price/Cash Flow 24.2x
TEV/Sales 0.3x
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