Free Trial

Centene (CNC) Competitors

Centene logo
$59.58 -0.13 (-0.22%)
(As of 12/20/2024 05:31 PM ET)

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

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), Trupanion (TRUP), Alignment Healthcare (ALHC), Clover Health Investments (CLOV), and Bright Health Group (BHG). 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 superior investment? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, media sentiment, dividends, institutional ownership, community ranking and earnings.

Centene currently has a consensus target price of $80.92, suggesting a potential upside of 35.82%. Elevance Health has a consensus target price of $539.20, suggesting a potential upside of 47.34%. Given Elevance Health's stronger consensus rating and higher possible upside, analysts plainly believe Elevance Health is more favorable than Centene.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Centene
1 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.57
Elevance Health
1 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.81

Centene has a beta of 0.46, indicating that its share price is 54% less volatile than the S&P 500. Comparatively, Elevance Health has a beta of 0.83, indicating that its share price is 17% less volatile than the S&P 500.

Centene received 186 more outperform votes than Elevance Health when rated by MarketBeat users. Likewise, 73.41% of users gave Centene an outperform vote while only 67.21% of users gave Elevance Health an outperform vote.

CompanyUnderperformOutperform
CenteneOutperform Votes
1049
73.41%
Underperform Votes
380
26.59%
Elevance HealthOutperform Votes
863
67.21%
Underperform Votes
421
32.79%

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

In the previous week, Centene had 21 more articles in the media than Elevance Health. MarketBeat recorded 34 mentions for Centene and 13 mentions for Elevance Health. Centene's average media sentiment score of 0.57 beat Elevance Health's score of 0.32 indicating that Centene is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Centene
13 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Elevance Health
3 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

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%

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$161.73B0.19$2.70B$5.7610.34
Elevance Health$174.02B0.49$5.99B$27.4313.34

Summary

Elevance Health beats Centene on 14 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.
Skip Chart

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.
Skip Chart

CNC vs. The Competition

MetricCenteneHospital & medical service plans IndustryMedical SectorNYSE Exchange
Market Cap$30.08B$59.06B$5.13B$19.18B
Dividend YieldN/A1.78%4.93%3.60%
P/E Ratio10.3419.8789.5841.24
Price / Sales0.190.561,115.0117.60
Price / Cash6.158.8842.8221.28
Price / Book1.234.504.805.32
Net Income$2.70B$3.04B$120.04M$989.88M
7 Day Performance0.27%-6.51%-1.91%-3.54%
1 Month Performance-1.19%-11.85%11.48%-3.68%
1 Year Performance-18.85%20.93%30.59%12.14%

Centene Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNC
Centene
4.9262 of 5 stars
$59.58
-0.2%
$80.92
+35.8%
-17.5%$30.08B$161.73B10.3467,700Analyst Forecast
Insider Trade
High Trading Volume
ELV
Elevance Health
4.8515 of 5 stars
$375.54
-1.5%
$539.20
+43.6%
-20.3%$87.10B$171.34B13.90104,900Analyst Downgrade
Analyst Revision
Positive News
CI
The Cigna Group
4.9978 of 5 stars
$277.36
-1.6%
$394.64
+42.3%
-6.5%$77.15B$229.75B26.1672,500
HUM
Humana
4.6956 of 5 stars
$268.19
-2.2%
$304.15
+13.4%
-45.3%$32.29B$106.37B24.2867,600Analyst Forecast
MOH
Molina Healthcare
4.8611 of 5 stars
$298.59
-1.5%
$367.17
+23.0%
-16.2%$17.08B$39.20B15.39123,123Analyst Forecast
Positive News
UNH
UnitedHealth Group
4.9919 of 5 stars
$502.26
-3.5%
$626.84
+24.8%
-3.1%$462.22B$389.07B33.61440,000
OSCR
Oscar Health
2.8632 of 5 stars
$13.69
+0.2%
$21.56
+57.5%
+74.8%$3.39B$5.86B0.002,400
TRUP
Trupanion
1.2393 of 5 stars
$54.45
+3.3%
$44.67
-18.0%
+60.5%$2.31B$1.24B-164.781,142
ALHC
Alignment Healthcare
0.6998 of 5 stars
$11.33
-1.0%
$11.44
+1.0%
+31.6%$2.17B$2.47B-14.871,536
CLOV
Clover Health Investments
3.199 of 5 stars
$3.21
+3.2%
$4.00
+24.6%
+229.6%$1.61B$2.12B-15.55552Analyst Forecast
BHG
Bright Health Group
N/A$5.16
+3.0%
N/A-24.2%$41.19M$2.76B-0.022,840Gap Down

Related Companies and Tools


This page (NYSE:CNC) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners