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Molina Healthcare (MOH)
NYSE:MOH
Molina Healthcare (MOH) Stock Price & Analysis
708 Followers
MOH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$266.35 - $423.92
Previous Close$347.62
Volume307.26K
Average Volume (3M)386.32K
Market Cap
$20.37B
Enterprise Value$13.65B
Total Cash (Recent Filing)$9.11B
Total Debt (Recent Filing)$2.38B
Price to Earnings (P/E)18.9
Beta0.32
Next Earnings
Jul 24, 2024EPS Estimate
$5.68Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)18.43
Shares Outstanding58,600,000
10 Day Avg. Volume354,391
30 Day Avg. Volume386,325
Standard Deviation0.08
R-Squared0.14
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)7.36
Price to Sales (P/S)0.60
Price to Cash Flow (P/CF)-7.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.40
Enterprise Value/Gross Profit2.53
Enterprise Value/Ebitda7.83
Forecast
1Y Price Target
$409.43Price Target Upside17.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Molina Healthcare News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMolina Healthcare Inc. maintains a positive 2024 adjusted EPS guidance, expressing confidence in its longer-term outlook.
Market ValuationWith the stock trading at a discount to its 3-year average, the analyst maintains a Buy rating.
Membership And Revenue GrowthPremium revenue grew +20.5% year-over-year, and total medical membership increased significantly, mainly driven by Medicaid.
Bears Say
Earnings GuidanceHigher-than-expected Medicaid MLR will bear monitoring, lowering 2024 EPS slightly to reflect perception of tighter guidance.
Financial PerformancePotential contract losses in FL and VA are expected to be a $0.30 EPS headwind in 2024 and an $0.80 headwind in 2025.
Stock ValuationWe are decreasing our Price Target to $375 from $410, adjusting for near-term earnings volatility and lower visibility into MOH's next stage of growth.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
MOH FAQ
What was Molina Healthcare’s price range in the past 12 months?
Molina Healthcare lowest stock price was $266.35 and its highest was $423.92 in the past 12 months.
What is Molina Healthcare’s market cap?
Currently, no data Available
When is Molina Healthcare’s upcoming earnings report date?
Molina Healthcare’s upcoming earnings report date is Jul 24, 2024 which is in 65 days.
How were Molina Healthcare’s earnings last quarter?
Molina Healthcare released its earnings results on Apr 24, 2024. The company reported $5.73 earnings per share for the quarter, beating the consensus estimate of $5.685 by $0.045.
Is Molina Healthcare overvalued?
According to Wall Street analysts Molina Healthcare’s price is currently Undervalued.
Does Molina Healthcare pay dividends?
Molina Healthcare does not currently pay dividends.
What is Molina Healthcare’s EPS estimate?
Molina Healthcare’s EPS estimate is $5.68.
How many shares outstanding does Molina Healthcare have?
Molina Healthcare has 58,600,000 shares outstanding.
What happened to Molina Healthcare’s price movement after its last earnings report?
Molina Healthcare reported an EPS of $5.73 in its last earnings report, beating expectations of $5.685. Following the earnings report the stock price went down -4.113%.
Which hedge fund is a major shareholder of Molina Healthcare?
Among the largest hedge funds holding Molina Healthcare’s share is Woodline Partners LP. It holds Molina Healthcare’s shares valued at 15M.
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Molina Healthcare Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$409.43 (17.78% Upside)
$409.43 (17.78% Upside)
Blogger Sentiment
Bullish
MOH Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 7.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $401.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.1%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
17.65%
12-Months-Change
Fundamentals
Return on Equity
27.53%
Trailing 12-Months
Asset Growth
16.02%
Trailing 12-Months
Company Description
Molina Healthcare
Molina Healthcare, Inc. engages in the provision of health care services. It operates through the Health Plans and Other segments. The Health Plans segment consists of health plans in 11 states and the Commonwealth of Puerto Rico and includes direct delivery business. The Other segment includes the historical results of the MMIS and behavioral health subsidiaries. The company was founded by C. David Molina in 1980 and is headquartered in Long Beach, CA.
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MOH Earnings Call
Q1 2024
0:00 / 0:00
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MOH Revenue Breakdown
81.32% Medicaid
12.41% Medicare
6.05% Marketplace
0.22% Other
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MOH Stock 12 Month Forecast
Average Price Target
$409.43
▲(17.78% Upside)
Technical Analysis
Best Analysts Covering MOH
1 Year
1 Year Success Rate
18/21 ratings generated profit
1 Year Average Return
+39.46%
reiterated a buy rating 3 months ago
Copying Sarah James's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +39.46% per trade.
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