CNC
CenteneANYSE / Health Care Equipment & Services
Last Price
At close
2026-07-20
Current thesis
The bull case is that Q1 provided the first clean evidence that Centene's Medicaid and Medicare margin repair is working: Medicaid HBR was 93.1%, consolidated HBR improved to 87.3%, SG&A fell to 7.6%, and management raised full-year guidance.[#8-K-2026-04-28] Early post-print analyst upgrades add support that 2026 may be an earnings-reset year rather than just a relief quarter.
Posture
Constructive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta +0.2.
What can break
Days in claims payable increased to 48 from the prior quarter and medical claims liabilities remained large at $20.6 billion, so reserve and cost-trend execution still matter materially.[#8-K-2026-04-28]
Momentum
82
Value
65
Sentiment
37
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $48.00 · Bull $57.00 · Bear $39.00
Data freshness
Prices
As of 2026-07-20
Fundamentals
As of 2026-07-20 • Vendor: Data Vendor v1
Scores
As of 2026-07-20 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-29 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-20
Investment thesis
As of 2026-07-20
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $65.44
Why
Momentum82 · Δ7d -2.6
Value65 · Δ7d +0.2
Sentiment37 · Δ7d -1.0
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Lead driver: Value · See fundamentals
Momentum
82
26% active weight
Current posture
7d trendFlat
Δ7d
-2.6
Δ21d
-11.3
Value
65
39% active weight
Current posture
7d trendFlat
Δ7d
+0.2
Δ21d
+0.3
Sentiment
37
34% active weight
Current posture
7d trendSoftening
Δ7d
-1.0
Δ21d
-2.3
Why this grade
Composite grade A. Momentum 82.1 / Value 65.0 / Sentiment 36.8
Fundamentals (TTM)As of 2026-07-20
Fundamentals (TTM)
As of 2026-07-20
Market Cap
$32.51B
Beta
0.48
Shares Out
493.8M
P/E (TTM)
8.2
P/S (TTM)
0.12
P/FCF (TTM)
6.54
Rev YoY
+7.1%
EPS YoY
+18.2%
Gross Margin
+8.1%
Op Margin
-3.1%
Net Debt
$274M
Current Ratio
1.12
As of 2026-07-20 • Updated nightlySource: Internal modelMethodology