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2 Must-Have Silicon Companies That Don't Make Microchips
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S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
3 Blue Chip Safe Havens to Shield Your Portfolio
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
Are Gene Therapy Stocks The Market's Next Big Winners?
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
3 Stocks That Flourish In The Fall
Buy The World’s Largest IT Infrastructure Provider For Under $20
Experts: "NVIDIA Bubble" Could Affect Entire Market (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
NASDAQ:MODV

ModivCare (MODV) Stock Forecast, Price & News

$35.07
-0.47 (-1.32%)
(As of 09/25/2023 ET)
Compare
Today's Range
$34.13
$35.64
50-Day Range
$27.49
$52.59
52-Week Range
$26.20
$113.53
Volume
218,729 shs
Average Volume
156,177 shs
Market Capitalization
$497.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$67.67

ModivCare MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
92.9% Upside
$67.67 Price Target
Short Interest
Bearish
5.59% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.02
Upright™ Environmental Score
News Sentiment
1.04mentions of ModivCare in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$31.80 M Bought Last Quarter
Proj. Earnings Growth
34.85%
From $4.62 to $6.23 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.86 out of 5 stars

Medical Sector

52nd out of 963 stocks

Transportation Services Industry

2nd out of 17 stocks


MODV stock logo

About ModivCare (NASDAQ:MODV) Stock

ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and their members. The company operates through four segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Corporate and Other. The company offers risk underwriting, contact center management, network credentialing, claims management, and non-emergency medical transport management services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services. It also provides in-home personal care services, such as bathing, personal hygiene, grooming, oral care, dressing, medication reminders, meal planning, preparation and feeding, housekeeping, transportation services, prescription reminders, and assistance with dressing and ambulation services through placing non-medical personal care assistants, home health aides, and skilled nurses primarily to Medicaid patients in need of care monitoring and assistance in performing daily living activities, including senior citizens and disabled adults. Ina addition, the company offers remote patient monitoring solutions, including personal emergency response systems, vitals monitoring, medication management, and data-driven patient engagement solutions. It serves federal, state, and local government agencies, MCOs, commercial insurers, private individuals, and health systems. The company was formerly known as The Providence Service Corporation and changed its name to ModivCare Inc. in January 2021. ModivCare Inc. was incorporated in 1996 and is based in Denver, Colorado.

MODV Price History

MODV Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
ModivCare (NASDAQ:MODV): Top Insider Buys Stock; Should Investors Follow?
ModivCare Insider Trades Send a Signal
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Modivcare names Barbara Gutierrez CFO
Analyst Expectations for ModivCare's Future
ModivCare earnings preview: what Wall Street is expecting
4 Analysts Have This to Say About ModivCare
See More Headlines
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MODV Company Calendar

Last Earnings
8/03/2023
Today
9/26/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:MODV
Employees
20,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$67.67
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+92.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-31,810,000.00
Pretax Margin
-7.96%

Debt

Sales & Book Value

Annual Sales
$2.66 billion
Cash Flow
$14.26 per share
Book Value
$25.08 per share

Miscellaneous

Free Float
12,635,000
Market Cap
$497.33 million
Optionable
Optionable
Beta
0.72
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Key Executives

  • Mr. L. Heath SampsonMr. L. Heath Sampson (Age 52)
    CEO, Pres, Interim Pres of Modivcare Home & Director
    Comp: $905.84k
  • Mr. Ilias Simpson (Age 40)
    Pres of Modivcare Mobility
    Comp: $1M
  • Ms. Rebecca Orcutt (Age 37)
    Sr. VP & Chief Accounting Officer
  • Ms. Jessica Kral
    Chief Information Officer
  • Mr. Kevin Kim Ellich
    Head of Investor Relations
  • Ms. Jody Kepler J.D. (Age 53)
    L.L.M., Chief Compliance Officer
  • Mr. Jonathan B. Bush (Age 54)
    Sr. VP, Gen. Counsel & Sec.
  • Kate Zerone
    Director of Ombudsman & Communications
  • Mr. Zachary B. Miller C.F.A.
    CFA, Associate of Corp. Devel. & Investor Relations
  • Mr. Kenneth Shepard (Age 42)
    Chief Financial Officer of NEMT Bus.-ModivCare Mobility













MODV Stock - Frequently Asked Questions

Should I buy or sell ModivCare stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ModivCare in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MODV shares.
View MODV analyst ratings
or view top-rated stocks.

What is ModivCare's stock price forecast for 2023?

2 analysts have issued 1 year price objectives for ModivCare's stock. Their MODV share price forecasts range from $50.00 to $95.00. On average, they predict the company's share price to reach $67.67 in the next year. This suggests a possible upside of 92.9% from the stock's current price.
View analysts price targets for MODV
or view top-rated stocks among Wall Street analysts.

How have MODV shares performed in 2023?

ModivCare's stock was trading at $89.73 on January 1st, 2023. Since then, MODV stock has decreased by 60.9% and is now trading at $35.07.
View the best growth stocks for 2023 here
.

When is ModivCare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our MODV earnings forecast
.

How were ModivCare's earnings last quarter?

ModivCare Inc. (NASDAQ:MODV) posted its quarterly earnings results on Thursday, August, 3rd. The company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.27 by $0.14. The firm earned $701.74 million during the quarter, compared to the consensus estimate of $650.36 million. ModivCare had a positive trailing twelve-month return on equity of 29.63% and a negative net margin of 8.63%.

What ETFs hold ModivCare's stock?

ETFs with the largest weight of ModivCare (NASDAQ:MODV) stock in their portfolio include SPDR S&P Health Care Services ETF (XHS) and BNY Mellon Women's Opportunities ETF (BKWO).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

What guidance has ModivCare issued on next quarter's earnings?

ModivCare issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.75 billion-$2.80 billion, compared to the consensus revenue estimate of $2.62 billion.

What is ModivCare's stock symbol?

ModivCare trades on the NASDAQ under the ticker symbol "MODV."

Who are ModivCare's major shareholders?

ModivCare's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.51%), Coliseum Capital Management LLC (11.76%), Silvercrest Asset Management Group LLC (4.57%), State Street Corp (3.76%), Renaissance Technologies LLC (3.34%) and Dimensional Fund Advisors LP (3.28%). Insiders that own company stock include Coliseum Capital Management, L, Daniel E Greenleaf and L Heath Sampson.
View institutional ownership trends
.

How do I buy shares of ModivCare?

Shares of MODV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ModivCare's stock price today?

One share of MODV stock can currently be purchased for approximately $35.07.

How much money does ModivCare make?

ModivCare (NASDAQ:MODV) has a market capitalization of $497.33 million and generates $2.66 billion in revenue each year. The company earns $-31,810,000.00 in net income (profit) each year or ($16.27) on an earnings per share basis.

How many employees does ModivCare have?

The company employs 20,000 workers across the globe.

How can I contact ModivCare?

ModivCare's mailing address is 1275 Peachtree Street Sixth Floor, Atlanta GA, 30309. The official website for the company is www.modivcare.com. The company can be reached via phone at (303) 728-7030, via email at kahl@equityny.com, or via fax at 203-307-2799.

This page (NASDAQ:MODV) was last updated on 9/26/2023 by MarketBeat.com Staff

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