Centene Corporation (CNC)
Centene Corporation Beneish M-Score: -2.324
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CNC Beneish M-Score Rankings
| Overall | 27th percentile | 2722 of 3761 |
| Sector | 33rd percentile | 229 of 342 in Healthcare |
| Industry | 19th percentile | 8 of 10 in Health Care Plans |
CNC Beneish M-Score Range, Past 5 Years
| Minimum | -3.031 | Dec 2007 |
| Maximum | -2.324 | Dec 2011 |
| Average | -2.679 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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CNC News
Top 4 Small-Cap Stocks In The Health Care Plans Industry With The Highest Revenue
May 25, 2:21AM Benzinga
May 25, 2:21AM Benzinga
Possible retest of lost EMA200 will offer a good entry in short position $CNC http://chart.ly/vmd8322
about 22 days ago by CubanMark
about 22 days ago by CubanMark
$CNC look for more downside if longs can't hold 40 handle, full resets at $30
about 29 days ago by HighGrowthFinancial
about 29 days ago by HighGrowthFinancial
Centene Corporation To Present At Deutsche Bank 37th Annual Health Care Conference
Apr 27, 8:00AM PR Newswire
Apr 27, 8:00AM PR Newswire
Quant modell indicates a 4 - 1 chance for $CNC not closing above 42.66 today. Now trading at 42.04 or -6.3%
about 34 days ago by TradeBot
about 34 days ago by TradeBot
Listen to $CNC Q1 2012 earnings call - live at 08:30 AM, ondemand after - http://stks.co/3Tf2
about 34 days ago by earningscast
about 34 days ago by earningscast
Barrons| As Medicaid rolls increase, shares of $CNC and $AGP should bounce back. http://stks.co/3SHI
about 35 days ago by abubnic
about 35 days ago by abubnic
$CNC was on IBD institutional buyers list today ahead of 4/23 earnings. Barrons also says $CNC is a big beneficiary of Medicaid.
about 38 days ago by abubnic
about 38 days ago by abubnic
Barclays Reiterates an 'Overweight' on Centene (CNC); Best Medicaid Play
Apr 17, 2:18PM Street Insider
Apr 17, 2:18PM Street Insider
$CNC taken down hard after loss of contract. I sold my shares. Is it actually good buying opportunity?
about 44 days ago by robertfreedland
about 44 days ago by robertfreedland
News related to $CNC, currently +0.3% since open: 'New judge appointed for Mo. Medicaid lawsuit' http://stks.co/3L0l
about 45 days ago by TradeBot
about 45 days ago by TradeBot
Molina Healthcare, Inc. and Centene Corp. Shares Drop as Ohio Decides to Change Insurers
Apr 11, 8:20AM Marketwire
Apr 11, 8:20AM Marketwire
$CNC Downside Blowoff - 15 Minute Up Reversal - Green bar after 7 lower highs and lower lows
about 48 days ago by TradeIdeasQuant
about 48 days ago by TradeIdeasQuant
$CNC is -5.2% down since open on unusual high volume and -5.4% down since close.
about 48 days ago by TradeBot
about 48 days ago by TradeBot
Additional Detail Provided on Impact of Ohio Medicaid Contract Announcement
Apr 09, 5:34PM PR Newswire
Apr 09, 5:34PM PR Newswire
Centene (CNC) Confirms Contract for Buckeye Community Health Plan Subsidiary Was Not Renewed in Ohio
Apr 09, 5:14PM Street Insider
Apr 09, 5:14PM Street Insider
Awsme RT @Sector_Trends: Weekly IBD group and sector rotation analysis posted http://stks.co/3G67 $QCOR $PRXL $WCG $CNC $SLXP $ACHN $VRX
about 50 days ago by purecharger
about 50 days ago by purecharger
$CNC forms bearish "Head and Shoulders Top" chart pattern. http://stks.co/2yhE
about 69 days ago by RecogniaEvents
about 69 days ago by RecogniaEvents
$CNC http://stks.co/2vxV Couldn't hold 50d support Friday and closed on lows near recent consolidation support.
about 70 days ago by TheEquitiesRoom
about 70 days ago by TheEquitiesRoom
EBR: Watchlist/worksheet/3 Trading Ideas: $CLR $CRR $CNC $RTK http://stks.co/2vwE
about 70 days ago by TheEquitiesRoom
about 70 days ago by TheEquitiesRoom
Weak close/downside range break watch for tmrw: $ADTN $IDIX $CNC
about 71 days ago by TheEquitiesRoom
about 71 days ago by TheEquitiesRoom
Keep an eye on $CNC as it consolidates just below that key $50 level. Stocks like to break out here.
about 90 days ago by DarvasTrader
about 90 days ago by DarvasTrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CNC | 37.30 | +1.19 | +3.30% | 1.906B |
| CNBKA | 27.50 | +0.04 | +0.15% | 152.35M |
| CNBC | 10.11 | -0.05 | -0.49% | 165.10M |
| CNAM | 0.50 | -0.01 | -1.86% | 7.62M |
| CNAF | 25.25 | +0.25 | +1.00% | 72.22M |
| CNA | 28.56 | -0.15 | -0.52% | 7.693B |
| CMVT | 6.30 | +0.04 | +0.64% | 1.318B |
| CMU | 5.089 | +0.08 | +1.58% | |
| CMTL | 28.70 | +0.11 | +0.38% | 583.76M |
| CMT | 7.85 | +0.07 | +0.90% | 56.91M |