CNC vs. IRTC: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at CNC and IRTC, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | CNC | IRTC |
|---|---|---|
| Company Name | Centene Corporation | iRhythm Technologies, Inc. |
| Country | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry | Health Care Providers & Services | Health Care Equipment & Supplies |
| Market Capitalization | 16.83 billion USD | 5.68 billion USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | December 13, 2001 | October 20, 2016 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of CNC and IRTC by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | CNC | IRTC |
|---|---|---|
| 5-Day Price Return | -5.15% | -2.65% |
| 13-Week Price Return | 35.64% | 9.80% |
| 26-Week Price Return | -45.57% | 29.45% |
| 52-Week Price Return | -45.22% | 98.63% |
| Month-to-Date Return | -3.17% | -5.87% |
| Year-to-Date Return | -43.46% | 95.52% |
| 10-Day Avg. Volume | 13.06M | 0.55M |
| 3-Month Avg. Volume | 14.94M | 0.44M |
| 3-Month Volatility | 53.65% | 30.08% |
| Beta | 0.49 | 1.12 |
Profitability
Return on Equity (TTM)
CNC
-20.61%
Health Care Providers & Services Industry
- Max
- 24.86%
- Q3
- 15.79%
- Median
- 8.56%
- Q1
- 5.75%
- Min
- -1.64%
CNC has a negative Return on Equity of -20.61%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
IRTC
-51.06%
Health Care Equipment & Supplies Industry
- Max
- 29.93%
- Q3
- 16.99%
- Median
- 9.28%
- Q1
- 5.10%
- Min
- -12.52%
IRTC has a negative Return on Equity of -51.06%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Net Profit Margin (TTM)
CNC
-2.85%
Health Care Providers & Services Industry
- Max
- 11.56%
- Q3
- 5.45%
- Median
- 2.83%
- Q1
- 1.13%
- Min
- -1.71%
CNC has a negative Net Profit Margin of -2.85%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
IRTC
-7.32%
Health Care Equipment & Supplies Industry
- Max
- 24.41%
- Q3
- 13.71%
- Median
- 10.08%
- Q1
- 5.96%
- Min
- -5.58%
IRTC has a negative Net Profit Margin of -7.32%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
Operating Profit Margin (TTM)
CNC
-3.07%
Health Care Providers & Services Industry
- Max
- 19.08%
- Q3
- 9.66%
- Median
- 4.77%
- Q1
- 2.46%
- Min
- -0.83%
CNC has a negative Operating Profit Margin of -3.07%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
IRTC
-9.08%
Health Care Equipment & Supplies Industry
- Max
- 31.09%
- Q3
- 18.11%
- Median
- 15.07%
- Q1
- 8.48%
- Min
- -0.28%
IRTC has a negative Operating Profit Margin of -9.08%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
Profitability at a Glance
| Symbol | CNC | IRTC |
|---|---|---|
| Return on Equity (TTM) | -20.61% | -51.06% |
| Return on Assets (TTM) | -6.26% | -5.39% |
| Net Profit Margin (TTM) | -2.85% | -7.32% |
| Operating Profit Margin (TTM) | -3.07% | -9.08% |
| Gross Profit Margin (TTM) | 8.14% | 70.35% |
Financial Strength
Current Ratio (MRQ)
CNC
1.08
Health Care Providers & Services Industry
- Max
- 2.00
- Q3
- 1.51
- Median
- 1.29
- Q1
- 0.92
- Min
- 0.14
CNC’s Current Ratio of 1.08 aligns with the median group of the Health Care Providers & Services industry, indicating that its short-term liquidity is in line with its sector peers.
IRTC
4.63
Health Care Equipment & Supplies Industry
- Max
- 5.19
- Q3
- 3.00
- Median
- 2.13
- Q1
- 1.44
- Min
- 0.86
IRTC’s Current Ratio of 4.63 is in the upper quartile for the Health Care Equipment & Supplies industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio (MRQ)
CNC
0.84
Health Care Providers & Services Industry
- Max
- 2.29
- Q3
- 1.24
- Median
- 0.74
- Q1
- 0.50
- Min
- 0.00
CNC’s Debt-to-Equity Ratio of 0.84 is typical for the Health Care Providers & Services industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
IRTC
5.32
Health Care Equipment & Supplies Industry
- Max
- 1.61
- Q3
- 0.76
- Median
- 0.45
- Q1
- 0.14
- Min
- 0.00
With a Debt-to-Equity Ratio of 5.32, IRTC operates with exceptionally high leverage compared to the Health Care Equipment & Supplies industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio (TTM)
CNC
7.06
Health Care Providers & Services Industry
- Max
- 14.47
- Q3
- 7.50
- Median
- 4.52
- Q1
- 2.12
- Min
- -4.44
CNC’s Interest Coverage Ratio of 7.06 is positioned comfortably within the norm for the Health Care Providers & Services industry, indicating a standard and healthy capacity to cover its interest payments.
IRTC
-32.60
Health Care Equipment & Supplies Industry
- Max
- 56.35
- Q3
- 25.56
- Median
- 9.60
- Q1
- 3.78
- Min
- -26.49
IRTC has a negative Interest Coverage Ratio of -32.60. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | CNC | IRTC |
|---|---|---|
| Current Ratio (MRQ) | 1.08 | 4.63 |
| Quick Ratio (MRQ) | 1.08 | 4.37 |
| Debt-to-Equity Ratio (MRQ) | 0.84 | 5.32 |
| Interest Coverage Ratio (TTM) | 7.06 | -32.60 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
CNC
0.00%
Health Care Providers & Services Industry
- Max
- 5.93%
- Q3
- 2.59%
- Median
- 1.35%
- Q1
- 0.00%
- Min
- 0.00%
CNC currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
IRTC
0.00%
Health Care Equipment & Supplies Industry
- Max
- 4.15%
- Q3
- 1.76%
- Median
- 0.79%
- Q1
- 0.00%
- Min
- 0.00%
IRTC currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
CNC
0.00%
Health Care Providers & Services Industry
- Max
- 185.33%
- Q3
- 74.82%
- Median
- 36.00%
- Q1
- 0.00%
- Min
- 0.00%
CNC has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
IRTC
0.00%
Health Care Equipment & Supplies Industry
- Max
- 160.00%
- Q3
- 66.60%
- Median
- 27.49%
- Q1
- 0.00%
- Min
- 0.00%
IRTC has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | CNC | IRTC |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
CNC
--
Health Care Providers & Services Industry
- Max
- 40.02
- Q3
- 29.75
- Median
- 21.09
- Q1
- 14.18
- Min
- 7.05
P/E Ratio data for CNC is currently unavailable.
IRTC
--
Health Care Equipment & Supplies Industry
- Max
- 67.29
- Q3
- 47.01
- Median
- 30.94
- Q1
- 23.91
- Min
- 10.79
P/E Ratio data for IRTC is currently unavailable.
Price-to-Sales Ratio (TTM)
CNC
0.09
Health Care Providers & Services Industry
- Max
- 3.15
- Q3
- 1.87
- Median
- 0.74
- Q1
- 0.27
- Min
- 0.09
CNC’s P/S Ratio of 0.09 falls below the typical floor for the Health Care Providers & Services industry. This could suggest the stock is overlooked or deeply undervalued relative to its sales, but may also reflect significant market concerns about its future.
IRTC
8.05
Health Care Equipment & Supplies Industry
- Max
- 9.49
- Q3
- 5.41
- Median
- 2.86
- Q1
- 2.07
- Min
- 0.74
IRTC’s P/S Ratio of 8.05 is in the upper echelon for the Health Care Equipment & Supplies industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
CNC
0.84
Health Care Providers & Services Industry
- Max
- 7.33
- Q3
- 4.45
- Median
- 2.52
- Q1
- 1.15
- Min
- 0.66
CNC’s P/B Ratio of 0.84 is in the lower quartile for the Health Care Providers & Services industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
IRTC
45.33
Health Care Equipment & Supplies Industry
- Max
- 10.85
- Q3
- 6.56
- Median
- 3.53
- Q1
- 2.36
- Min
- 0.71
At 45.33, IRTC’s P/B Ratio is at an extreme premium to the Health Care Equipment & Supplies industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | CNC | IRTC |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | -- | -- |
| Price-to-Sales Ratio (TTM) | 0.09 | 8.05 |
| Price-to-Book Ratio (MRQ) | 0.84 | 45.33 |
| Price-to-Free Cash Flow Ratio (TTM) | 4.12 | 113.72 |