Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day up 0.1%. By the end of trading, Centene Corporation rose 68 cents (1.7%) to $40.70 on light volume. Throughout the day, 538,552 shares of Centene Corporation exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in a price between $39.81-$40.78 after having opened the day at $40.13 as compared to the previous trading day's close of $40.02. Other companies within the Health Care sector that increased today were:
), up 13.8%,
), up 12.9%,
), up 11.3%, and
), up 9.5%.
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Centene Corporation operates as a multiline healthcare company in the United States. It operates through two segments, Medicaid Managed Care and Specialty Services. Centene Corporation has a market cap of $2.06 billion and is part of the
industry. The company has a P/E ratio of 44.4, below the average health services industry P/E ratio of 44.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 1.1% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Centene Corporation a buy, two analysts rate it a sell, and six rate it a hold.
TheStreet Ratings rates Centene Corporation as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
- You can view the full Centene Ratings Report.
On the negative front,
), down 15%,
), down 10%,
), down 9.5%, and
), down 8.7%, were all laggards within the health care sector with
) being today's health care sector laggard.
- Use our health care section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health care sector could consider
) while those bearish on the health care sector could consider
- Find other investment ideas from our top rated ETFs lists.