Centene Corporations in-depth stock price analysis indicates that the stock price has rallied 21.97% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 2.57% . Looking at the past 52 week period, the stock price is up at 28.92% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Centene Corporation has a negative value of -8.22 compared to overall market performance. Centene Corporation (NYSE:CNC) has climbed 7.23% in the past week and advanced 10.77% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 6.37% and the outperformance has advanced to 8.79% for the last 4 weeks period.
Centene Corporation (NYSE:CNC) : On Friday heightened volatility was witnessed in Centene Corporation (NYSE:CNC) which led to swings in the share price. The stock opened for trading at $69.16 and hit $69.65 on the upside , eventually ending the session at $69.4, with a gain of 0.09% or 0.06 points. The heightened volatility saw the trading volume jump to 1,432,140 shares. The 52-week high of the share price is $75.57 and the company has a market cap of $11,931 million. The 52-week low of the share price is at $50 .
Centene Corp Last issued its quarterly earnings results on Feb 7, 2017. The company reported $1.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $1.11. The company had revenue of $11911.00 million for the quarter, compared to analysts expectations of $10975.59 million. The companys revenue was up 89.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Centene Corp was Resumed by Cantor Fitzgerald on Feb 7, 2017 to Overweight, Price Target of the shares are set at $85.Centene Corp was Initiated by Piper Jaffray to Overweight on Jan 4, 2017. Centene Corp was Initiated by JP Morgan to Overweight on Dec 21, 2016. Centene Corp was Upgraded by Goldman to Neutral on Dec 13, 2016. Centene Corp was Upgraded by Bernstein to Outperform on Nov 14, 2016.
Company has reported several Insider transactions to the SEC, on Dec 5, 2016, Mark J Brooks (SVP, Chief Information Officer) sold 1,099 shares at 58.00 per share price.On Nov 8, 2016, Jesse N Hunter (EVP, Products) sold 5,000 shares at 65.00 per share price.On Oct 4, 2016, Carol Goldman (Exec VP Chief Admin Officer) sold 10,000 shares at 66.36 per share price.
Centene Corporation provides managed care programs and related services to individuals receiving benefits under Medicaid, including Supplemental Security Income, and the State Childrens Health Insurance Program.