Should You Buy Centene Corporation (CNC) or Anthem, Inc. (ANTM)?

The stock of Centene Corp (NYSE:CNC) earned "Buy" rating by Cantor Fitzgerald on Tuesday, September 12.

Centene Corporation (CNC) is recuperating from the fall at $50, the 52-week low. It has outperformed by 15.86% the S&P500.The move comes after 7 months negative chart setup for the $15.55 billion company. This technical setup was reported by Barchart.com. It increased, as 56 investors sold CNC shares while 172 reduced holdings. Another trade for 6,000 shares valued at $450,000 was sold by Williamson Keith H. Kite Pharma Inc (NASDAQ:KITE) has risen 55.47% since September 20, 2016 and is uptrending. It has underperformed by 1.67% the S&P500.

ONEOK, Inc. (NYSE:OKE), stock is trading $59.47 above the 52-week high and has displayed a high EPS growth of 0.00% in last 5 years. On average, equities analysts expect that Centene Corporation will post $4.92 EPS for the current fiscal year. The average investment recommendation for CVS, taken from a group of Wall Street Analysts, is 2.20, or a buy. The analysts estimated sales for the higher end at 11949 million and lower end at 11369 million while the year ago reported sale was 11437.2 million.

July 13 investment analysts at Deutsche Bank made no change to the stock rating of "Buy" but moved up the price target from $73.00 to $92.00. MO was included in 4 notes of analysts from September 13, 2016. The firm has "Overweight" rating given on Wednesday, December 21 by JP Morgan. The company was maintained on Wednesday, July 26 by UBS. The firm has "Buy" rating by Cantor Fitzgerald given on Tuesday, October 25.

Since May 1, 2017, it had 0 insider buys, and 15 sales for $27.18 million activity. 146.22 million shares or 4.61% less from 153.29 million shares in 2016Q3 were reported. Deerfield Management Company owns 297,902 shares for 0.55% of their portfolio. Stock's free cash flow yield, which represents the amount of cash available to investors before dividends, expressed as a percentage of the stock price, is 1.24. Schaper Benz And Wise Inv Counsel Wi, a Wisconsin-based fund reported 136,339 shares.

The Company provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. The company has market cap of $15.55 billion. It also provides education and outreach programs to inform and assist members in accessing appropriate healthcare services. It has a 19.97 P/E ratio. The Company offers a range of managed care and related products in the commercial, Medicaid and Medicare markets.

Since March 27, 2017, it had 0 buys, and 6 selling transactions for $3.54 million activity. Shares for $336,603 were sold by GEPHARDT Richard A. BROOKS MARK J sold 2,161 shares worth $163,004. Jefferies Group LLC restated a "buy" rating and issued a $98.00 price target on shares of Centene Corporation in a report on Thursday, July 27th.

Centene Corporation (NYSE:CNC) last session's volume of 4.71 million shares was higher than its average volume of 1.45 million shares. During the past six months, Centene Corporation (NYSE:CNC)'s stock has been 34.16% and 33.17% for the last 12 months. Analysts forecast that Centene Corporation will post $4.92 earnings per share for the current year. CNC's profit would be $215.54M giving it 18.05 P/E if the $1.25 EPS is correct.

Investors sentiment increased to 0.98 in 2016 Q4. Its up 0.18, from 0.8 in 2016Q3. 86 funds opened positions while 137 raised stakes. The stock decreased 5.08% or $4.8 during the last trading session, reaching $89.78. Ameriprise Fincl holds 0.01% of its portfolio in Centene Corp (NYSE:CNC) for 271,880 shares. Institutional owners hold 95.40% stake in the company, while insiders ownership held at 3.10%. Plante Moran Advsrs Ltd Liability Company reported 90 shares or 0.01% of all its holdings. Eaton Vance Mgmt reported 8,442 shares. Strs Ohio stated it has 0% of its portfolio in Centene Corp (NYSE:CNC). Citigroup maintained Centene Corp (NYSE:CNC) on Wednesday, July 26 with "Sell" rating. Roberts Glore And Company Il reported 11,736 shares or 0.46% of all its holdings. Susquehanna International Grp Ltd Liability Partnership holds 0% or 121,608 shares in its portfolio. Sumitomo Mitsui Asset Mgmt Limited holds 0.02% or 6,356 shares in its portfolio. Goldman Sachs Grp holds 0.03% in Centene Corp (NYSE:CNC) or 1.87M shares. Centene Corp (NYSE:CNC) has risen 32.56% since September 20, 2016 and is uptrending. Cibc Ww Mkts holds 11,724 shares or 0.01% of its portfolio. Moreover, Honeywell Intll has 0.67% invested in Centene Corp (NYSE:CNC).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Related:

Comments

Latest news

'Gotham' Season 4 Extended Trailer: A Dark Knight Rises
Bruce battling Ra's al Ghul makes sense, given it was his manipulations that caused the young man to stab Alfred. Even more exciting, the future Dark Knight will finally clash with the Penguin .

Leroy Sané gives Manchester City early lead at West Brom
The big omission from Pulis' side will be England worldwide Jake Livermore , who has been given an extended break by The Baggies. The starting segment of the new season for the club West Bromwich leaves for now an ambiguous impression.

Fed to start unwinding bond portfolio
As gasoline prices increased following the hurricanes, inflation could rise, but only temporarily, the Fed noted. The Fed now projects it will be 1.9 percent by the end of 2018, a touch below its earlier forecast of 2 percent.

Former All-Star Raul Mondesi Sentenced To Eight Years in Prison for Corruption
Mondesi, who won NL Rookie of the Year in 1994, had been under house arrest since February while under trial. Mondesi and others involved in the scandal received their sentence on Wednesday.

Mylan NV Earns Average Recommendation of "Hold" by Brokerages
The stock exchanged hands with 4,941,541 numbers of shares compared to its average daily volume of 6.23M shares. Also Executive Anthony Mauro unloaded 10,000 stocks of Mylan N.V. shares in a trade on early Fri, Jun 9th.

Other news