Centene (CNC) stock forecast for 2023. Forecast tables and graphs.

Centene (CNC) stock forecast for 2023

Last update: October 1, 2022 (07:48)

Sector: Healthcare

The share price of Centene Corp. (CNC) now

What analysts predict:: $104.47

52-week high/low: $98.53 / $60.81

50/200 Day Moving Average: $90.36 / $84.81

This figure corresponds to the average price over the previous 50/200 days. For Centene stocks, the 50-day moving average is the resistance level today.

For Centene stocks, the 200-day moving average is the support level today.

Are you interested in Centene stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Centene stock price in 2023. How much will one Centene share be worth in 2023?

Is it worth taking profit / loss on Centene stock now or waiting? What are analysts' forecasts for Centene stock?

We forecast Centene stock performance using neural networks based on historical data on Centene stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Centene stock prediction results are shown below and presented as a graph, table and text information.

Centene stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Centene analysts is $104.47.

Today 200 Day Moving Average is the support level (84.81 $).

50 Day Moving Average is the resistance level (90.36 $).





Historical and forecast chart of Centene stock

The chart below shows the historical price of Centene stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Centene stock price can be found in the table below.

Centene (CNC) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 79.27 76.35 81.23 6.00 %
Feb 73.56 70.91 74.83 5.23 %
Mar 72.01 68.45 73.64 7.04 %
Apr 71.85 67.60 75.36 10.30 %
May 74.17 70.94 78.62 9.76 %
Jun 74.73 73.16 76.13 3.90 %
Jul 73.66 71.45 77.58 7.90 %
Aug 72.28 69.14 73.42 5.83 %
Sep 67.73 65.64 71.59 8.30 %
Oct 65.90 62.44 67.63 7.67 %
Nov 67.73 64.02 70.27 8.89 %
Dec 70.47 69.15 73.11 5.42 %

Centene information and performance

Centene Corporation operates as a multinational healthcare company that provides programs and services to underinsured and uninsured individuals in the United States. Its Managed Care segment offers health insurance plans to individuals through government-subsidized programs including Medicaid, the government’s child health insurance program, long-term services and supports, foster families and Medicare-medicaid plans that cover dual-eligible individuals, and programs for the elderly, blind or disabled.

Centene Address

7700 FORSYTH BLVD., ST LOUIS, MO, US

Market Capitalization: 44 400 411 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 5 845 000 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 24.74

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.917

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.14

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.21

Quarterly Revenue Growth YOY: 0.158

Trailing PE: 24.74

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 12.24

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.372

Enterprise Value (EV) /Revenue

EV To EBITDA: 11.36

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 571581000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Centene price target for 2021 by month


Target values for the price of one Centene share for Jan 2023.

The weighted average target price per Centene share in Jan 2023 is: 79.27. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 6.001% volatility is expected.

Pessimistic target level: 76.35

Optimistic target level: 81.23


Target values for the price of one Centene share for Feb 2023.

The weighted average target price per Centene share in Feb 2023 is: 73.56. In Feb, the negative dynamics for Momo shares will prevail with possible monthly volatility of 5.235% volatility is expected.

Pessimistic target level: 70.91

Optimistic target level: 74.83


Target values for the price of one Centene share for Mar 2023.

The weighted average target price per Centene share in Mar 2023 is: 72.01. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 7.042% volatility is expected.

Pessimistic target level: 68.45

Optimistic target level: 73.64


Target values for the price of one Centene share for Apr 2023.

The weighted average target price per Centene share in Apr 2023 is: 71.85. In Apr, the negative dynamics for Momo shares will prevail with possible monthly volatility of 10.298% volatility is expected.

Pessimistic target level: 67.60

Optimistic target level: 75.36


Target values for the price of one Centene share for May 2023.

The weighted average target price per Centene share in May 2023 is: 74.17. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.764% volatility is expected.

Pessimistic target level: 70.94

Optimistic target level: 78.62


Target values for the price of one Centene share for Jun 2023.

The weighted average target price per Centene share in Jun 2023 is: 74.73. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 3.902% volatility is expected.

Pessimistic target level: 73.16

Optimistic target level: 76.13


Target values for the price of one Centene share for Jul 2023.

The weighted average target price per Centene share in Jul 2023 is: 73.66. In Jul, the negative dynamics for Momo shares will prevail with possible monthly volatility of 7.904% volatility is expected.

Pessimistic target level: 71.45

Optimistic target level: 77.58


Target values for the price of one Centene share for Aug 2023.

The weighted average target price per Centene share in Aug 2023 is: 72.28. In Aug, the negative dynamics for Momo shares will prevail with possible monthly volatility of 5.833% volatility is expected.

Pessimistic target level: 69.14

Optimistic target level: 73.42


Target values for the price of one Centene share for Sep 2023.

The weighted average target price per Centene share in Sep 2023 is: 67.73. In Sep, the negative dynamics for Momo shares will prevail with possible monthly volatility of 8.302% volatility is expected.

Pessimistic target level: 65.64

Optimistic target level: 71.59


Target values for the price of one Centene share for Oct 2023.

The weighted average target price per Centene share in Oct 2023 is: 65.90. In Oct, the negative dynamics for Momo shares will prevail with possible monthly volatility of 7.674% volatility is expected.

Pessimistic target level: 62.44

Optimistic target level: 67.63


Target values for the price of one Centene share for Nov 2023.

The weighted average target price per Centene share in Nov 2023 is: 67.73. In Nov, the positive dynamics for Momo shares will prevail with possible monthly volatility of 8.892% volatility is expected.

Pessimistic target level: 64.02

Optimistic target level: 70.27


Target values for the price of one Centene share for Dec 2023.

The weighted average target price per Centene share in Dec 2023 is: 70.47. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 5.422% volatility is expected.

Pessimistic target level: 69.15

Optimistic target level: 73.11




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.