Molina Healthcare (NYSE:MOH - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $5.74 per share and revenue of $10.32 billion for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Molina Healthcare Stock Down 0.9 %
Shares of Molina Healthcare stock traded down $2.79 during trading hours on Friday, reaching $310.10. 404,652 shares of the company's stock were exchanged, compared to its average volume of 493,851. The company has a current ratio of 1.54, a quick ratio of 1.55 and a debt-to-equity ratio of 0.53. The company has a 50 day moving average of $297.44 and a two-hundred day moving average of $317.79. The stock has a market cap of $17.74 billion, a P/E ratio of 15.75, a P/E/G ratio of 0.94 and a beta of 0.54. Molina Healthcare has a fifty-two week low of $272.69 and a fifty-two week high of $423.92.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Truist Financial lowered their price target on Molina Healthcare from $400.00 to $370.00 and set a "buy" rating on the stock in a research report on Monday, January 6th. Cantor Fitzgerald restated an "overweight" rating and set a $406.00 target price on shares of Molina Healthcare in a report on Thursday, October 24th. StockNews.com upgraded shares of Molina Healthcare from a "buy" rating to a "strong-buy" rating in a research note on Friday. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $350.00 price objective (down previously from $378.00) on shares of Molina Healthcare in a research report on Tuesday, December 17th. Finally, Barclays upped their target price on shares of Molina Healthcare from $359.00 to $372.00 and gave the company an "equal weight" rating in a report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Molina Healthcare has an average rating of "Moderate Buy" and a consensus target price of $359.18.
View Our Latest Stock Analysis on Molina Healthcare
About Molina Healthcare
(
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Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.
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