Lookout for these Two stocks: Centene Corp. (NYSE:CNC), Tenet Healthcare Corp. (NYSE:THC)


Centene Corp. (NYSE:CNC)

Centene Corp. (NYSE:CNC) represented a move of -0.51 percent or $0.57 per share and closed its previous day trading session at $112.83. 1.6 Million Shares were traded in the last trading session with an Average Volume of 1.76 Million Shares. The stock currently has a Market Capitalization of 19.34 Billion.

Centene Corporation, is a diversified, multi-national healthcare enterprise that provides a portfolio of services to government sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Many receive benefits provided under Medicaid, including the State Children’s Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long Term Care (LTC), in addition to other state-sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as Part D), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Affairs. Centene also provides healthcare services to groups and individuals delivered through commercial health plans. Centene operates local health plans and offers a range of health insurance solutions.

The stock traded between $ 72.14 and $117.86 over 1-Year time period showing its price to sales ratio of 0.39. Centene Corp. (NYSE:CNC) is currently showing an INCREASING volatility over a period of 10-Days while the 20-Days Volatility showing a INCREASING trend.

Right now, the stock has a 50-Day Simple Moving Average of $6.05 and 200-Day Simple Moving Average of $14.58. Its Price to Free Cash Flow is 10.63 and Price to Book of 2.62.

Analyst’s recommended the stock as 2 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Centene Corp. (NYSE:CNC) reported its Actual EPS of $2.17/share. The analysts offering Earnings Estimates for the company were believing that Centene Corp. could bring EPS of $1.93/share. The difference between Actual EPS and Estimated EPS was 0.24 Percent. Thus showing an Earnings Surprise of 12.4 Percent.

Tenet Healthcare Corp. (NYSE:THC)

In the last trading session, Tenet Healthcare Corp. (NYSE:THC) added its value by 3.61% closing at the price of $32.44. The stock currently has market capitalization of 3.33 Billion, with average volume of 2.52 Million shares.

Beta is also a factor of measure of the relative volatility of a particular stock to the market. Currently Tenet Healthcare Corp. (NYSE:THC) is showing beta of 0.71. This particular value of beta suggests that Tenet Healthcare Corp. (NYSE:THC) has historically moved 71% for every 100% move in the benchmark, based on price level.

EPS is another important factor while making the decision of buying, selling or holding of particular share. Currently EPS for Tenet Healthcare Corp. (NYSE:THC) is at $-3.07.

The stock currently has RSI of 75.18. RSI is considered overbought when above 70 and oversold when below 30, currently the given RSI for the stock suggests that the stock is average and it has not entered in overbought or oversold territory.

Tenet Healthcare Corporation is a multinational investor-owned healthcare services company. At Tenet Healthcare, they have a longstanding commitment to serving patients, employees, physicians and partners. Tenet’s Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks, physician groups, self-insured organizations and health plans. Across their network of medical facilities, the Company’s employees provide compassionate, quality care to millions of patients through a wide range of services: from wellness and primary care to chronic care management, urgent care, outpatient surgery, advanced diagnostics, rehabilitation and acute hospital care.

CNC, NYSE:CNC, Centene Corp., THC, NYSE:THC, Tenet Healthcare Corp.