Key Takeaways From Centene Analyst Ratings
Portfolio Pulse from Benzinga Insights
Centene (NYSE:CNC) has received mixed analyst ratings over the past three months, with a majority being somewhat bullish. The average 12-month price target is $88.77, slightly down from the previous $88.85. Analysts have adjusted their ratings and price targets based on market conditions and company performance. Centene's financial metrics show a solid revenue growth rate but lag behind industry peers in net margin. The company has a high debt-to-equity ratio, indicating potential financial challenges.
October 25, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Centene has received mixed analyst ratings, with a majority being somewhat bullish. The average 12-month price target is $88.77, slightly down from the previous $88.85. Analysts have adjusted their ratings and price targets based on market conditions and company performance. Centene's financial metrics show a solid revenue growth rate but lag behind industry peers in net margin. The company has a high debt-to-equity ratio, indicating potential financial challenges.
The mixed analyst ratings and slight decrease in average price target suggest a neutral short-term impact on Centene's stock price. While the company shows solid revenue growth, its net margin lags behind industry peers, and a high debt-to-equity ratio poses potential financial challenges. These factors contribute to a balanced outlook, with no strong indication of upward or downward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100