Added to YB: 2025-12-13
Pitch date: 2025-10-27
CNC [neutral]
Centene Corporation
+29.46%
current return
Author Info
No bio for this author
Company Info
Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.
Market Cap
$21.3B
Pitch Price
$33.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.47
P/E
-4.06
EV/Sales
0.13
Sector
Health Care Providers and Services
Category
value
Hotchkis & Wiley Mid-Cap Value Fund Portfolio Holding: Centene Corporation
CNC (holding update): Managed Medicaid leader w/ 28M enrollees trading at ~4.8x normal earnings after disappointing quarterly results. Scale advantage in growing market - CMS forecasts 6% annual Medicaid spending growth 2020-2027 driven by per-member increases. Minimal capex requirements.
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