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Centene (CNC) Competitors

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$59.75 -0.31 (-0.52%)
(As of 01:22 PM ET)

CNC vs. ELV, CI, HUM, MOH, UNH, OSCR, ALHC, TRUP, CLOV, and NEUE

Should you be buying Centene stock or one of its competitors? The main competitors of Centene include Elevance Health (ELV), The Cigna Group (CI), Humana (HUM), Molina Healthcare (MOH), UnitedHealth Group (UNH), Oscar Health (OSCR), Alignment Healthcare (ALHC), Trupanion (TRUP), Clover Health Investments (CLOV), and NeueHealth (NEUE). These companies are all part of the "hospital & medical service plans" industry.

Centene vs.

Centene (NYSE:CNC) and Elevance Health (NYSE:ELV) are both large-cap medical companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, media sentiment, earnings, institutional ownership, dividends, community ranking, analyst recommendations, valuation and risk.

Elevance Health has higher revenue and earnings than Centene. Centene is trading at a lower price-to-earnings ratio than Elevance Health, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Centene$154.00B0.20$2.70B$5.7610.43
Elevance Health$171.34B0.56$5.99B$27.4314.96

Centene currently has a consensus price target of $83.92, indicating a potential upside of 39.73%. Elevance Health has a consensus price target of $539.20, indicating a potential upside of 31.39%. Given Centene's higher probable upside, equities analysts clearly believe Centene is more favorable than Elevance Health.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Centene
0 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.50
Elevance Health
1 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.81

Elevance Health has a net margin of 3.68% compared to Centene's net margin of 1.90%. Elevance Health's return on equity of 19.56% beat Centene's return on equity.

Company Net Margins Return on Equity Return on Assets
Centene1.90% 13.32% 4.32%
Elevance Health 3.68%19.56%7.22%

Centene received 180 more outperform votes than Elevance Health when rated by MarketBeat users. Likewise, 73.40% of users gave Centene an outperform vote while only 67.26% of users gave Elevance Health an outperform vote.

CompanyUnderperformOutperform
CenteneOutperform Votes
1043
73.40%
Underperform Votes
378
26.60%
Elevance HealthOutperform Votes
863
67.26%
Underperform Votes
420
32.74%

In the previous week, Elevance Health had 10 more articles in the media than Centene. MarketBeat recorded 29 mentions for Elevance Health and 19 mentions for Centene. Elevance Health's average media sentiment score of 1.43 beat Centene's score of 1.23 indicating that Elevance Health is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Centene
17 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Elevance Health
24 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Centene has a beta of 0.49, meaning that its stock price is 51% less volatile than the S&P 500. Comparatively, Elevance Health has a beta of 0.85, meaning that its stock price is 15% less volatile than the S&P 500.

93.6% of Centene shares are owned by institutional investors. Comparatively, 89.2% of Elevance Health shares are owned by institutional investors. 0.3% of Centene shares are owned by insiders. Comparatively, 0.4% of Elevance Health shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Elevance Health beats Centene on 15 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CNC vs. The Competition

MetricCenteneHospital & medical service plans IndustryMedical SectorNYSE Exchange
Market Cap$30.32B$70.24B$5.31B$20.36B
Dividend YieldN/A1.46%5.23%3.45%
P/E Ratio10.4323.02136.9744.58
Price / Sales0.200.671,455.4620.33
Price / Cash6.499.6541.6722.41
Price / Book1.115.427.334.76
Net Income$2.70B$3.04B$117.74M$984.70M
7 Day Performance0.10%2.31%3.38%0.64%
1 Month Performance-5.45%-0.61%2.50%6.66%
1 Year Performance-19.79%41.69%35.96%24.58%

Centene Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNC
Centene
4.9775 of 5 stars
$59.75
-0.5%
$83.92
+40.5%
-19.8%$30.17B$161.73B10.3767,700Positive News
ELV
Elevance Health
4.8994 of 5 stars
$411.54
+1.1%
$539.20
+31.0%
-15.1%$95.44B$171.34B14.84104,900Short Interest ↑
Positive News
CI
The Cigna Group
4.9655 of 5 stars
$337.80
flat
$394.64
+16.8%
+25.3%$93.96B$195.27B31.8772,500Positive News
HUM
Humana
4.3176 of 5 stars
$294.07
-0.8%
$315.86
+7.4%
-40.8%$35.41B$106.37B26.2567,600
MOH
Molina Healthcare
4.5759 of 5 stars
$300.85
+1.0%
$367.17
+22.0%
-16.8%$17.21B$34.07B15.19123,123Positive News
UNH
UnitedHealth Group
4.8875 of 5 stars
$606.94
-0.5%
$618.26
+1.9%
+11.2%$558.55B$371.62B39.75440,000Analyst Forecast
Positive News
OSCR
Oscar Health
2.2482 of 5 stars
$18.05
+4.2%
$22.93
+27.0%
+119.1%$4.46B$8.22B-306.832,400Positive News
ALHC
Alignment Healthcare
1.6805 of 5 stars
$12.49
-1.0%
$10.33
-17.3%
+74.5%$2.39B$2.47B-16.361,536Analyst Upgrade
Short Interest ↓
Gap Up
TRUP
Trupanion
1.7944 of 5 stars
$52.50
-1.5%
$44.67
-14.9%
+82.7%$2.22B$1.11B-166.591,142Insider Trade
CLOV
Clover Health Investments
2.0831 of 5 stars
$3.43
-1.4%
$4.00
+16.6%
+261.1%$1.72B$2.12B-17.40552Short Interest ↓
Positive News
NEUE
NeueHealth
3.2921 of 5 stars
$4.90
-3.0%
$8.00
+63.3%
N/A$40.57M$1.16B-0.101,252Gap Up

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This page (NYSE:CNC) was last updated on 12/3/2024 by MarketBeat.com Staff
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