NASDAQ:MODV ModivCare (MODV) Stock Forecast, Price & News $50.84 +0.62 (+1.23%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$49.27▼$50.9250-Day Range$44.93▼$85.7552-Week Range$43.32▼$121.54Volume71,662 shsAverage Volume116,883 shsMarket Capitalization$720.40 millionP/E RatioN/ADividend YieldN/APrice Target$87.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability ModivCare MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside71.8% Upside$87.33 Price TargetShort InterestBearish7.57% of Float Sold ShortDividend StrengthN/ASustainability-1.02Upright™ Environmental ScoreNews Sentiment0.71Based on 4 Articles This WeekInsider TradingAcquiring Shares$12.51 M Bought Last QuarterProj. Earnings Growth24.80%From $6.25 to $7.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.76 out of 5 starsMedical Sector42nd out of 986 stocksTransportation Services Industry1st out of 16 stocks 3.5 Analyst's Opinion Consensus RatingModivCare has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $87.33, ModivCare has a forecasted upside of 71.8% from its current price of $50.84.Amount of Analyst CoverageModivCare has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.57% of the float of ModivCare has been sold short.Short Interest Ratio / Days to CoverModivCare has a short interest ratio ("days to cover") of 8.2.Change versus previous monthShort interest in ModivCare has recently increased by 4.95%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldModivCare does not currently pay a dividend.Dividend GrowthModivCare does not have a long track record of dividend growth. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreModivCare has received a 68.86% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Non-medical home care services for elderly", "Private personal care assistant services", and "Private home care for the elderly" products. See details.Environmental SustainabilityThe Environmental Impact score for ModivCare is -1.02. Previous Next 3.7 News and Social Media Coverage News SentimentModivCare has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 4 news articles for ModivCare this week, compared to 2 articles on an average week.Search Interest14 people have searched for MODV on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat Follows6 people have added ModivCare to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ModivCare insiders have bought more of their company's stock than they have sold. Specifically, they have bought $12,505,178.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.90% of the stock of ModivCare is held by insiders. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for ModivCare are expected to grow by 24.80% in the coming year, from $6.25 to $7.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ModivCare is -19.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of ModivCare is -19.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioModivCare has a PEG Ratio of 0.78. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioModivCare has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ModivCare (NASDAQ:MODV) StockModivCare, Inc. engages in the provision of technology-enabled services, which offer integrated supportive care solutions for public and private payors and their patients. It operates through the following business segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Corporate and Other. The NEMT segment operates under the brands ModivCare Solutions, LLC and Circulation, and includes the company's activities for executive, accounting, finance, internal audit, tax, legal, certain strategic and development functions and the company's insurance captive. The Personal Care segment consists of non-medical home care to Medicaid patient populations, including seniors and disabled adults, in need of care monitoring and assistance performing activities of daily living. The RPM segment offers remote patient monitoring services to support patient self-management and care management operations that enable seniors, the chronically ill, and persons with disabilities to maintain their independence and avoid long-term care facilities, preventable emergency room use, hospitalization, and hospital readmission. The company was founded by FletcherRead More Receive MODV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ModivCare and its competitors with MarketBeat's FREE daily newsletter. Email Address MODV Stock News HeadlinesJune 6, 2023 | msn.comStephens & Co. Reiterates ModivCare (MODV) Overweight RecommendationJune 5, 2023 | finance.yahoo.comModivcare Appoints Jessica Kral as Chief Information OfficerJune 9, 2023 | Chaikin Analytics (Ad)Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks"He called the 2020 crash and 2022 bear market. Now he says the next 90 days will determine your financial life for a decade. It doesn't matter if you have money in stocks right now, or are waiting on the sidelines. The short period we're about to enter changes everything.June 1, 2023 | americanbankingnews.comModivCare (NASDAQ:MODV) Hits New 1-Year Low at $48.47May 26, 2023 | finance.yahoo.comCEO, President of ModivCare L. Sampson Buys 115% More SharesMay 26, 2023 | finance.yahoo.comOne ModivCare Insider Raised Stake By 115% In Previous YearMay 25, 2023 | finance.yahoo.comModivcare Releases 2022 Environmental, Social, and Governance Report Highlighting Commitment to Eliminating Inequities in Healthcare and Enhancing Sustainability EffortsMay 18, 2023 | finance.yahoo.comModivcare Resolves Dispute With Former Chief Executive OfficerJune 9, 2023 | Behind the Markets (Ad)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%...May 17, 2023 | marketwatch.comMesmerize Expands Reach in Pharmacy and Grocery Locations with Higi PartnershipMay 16, 2023 | msn.comModivCare Earnings Perspective: Return On Capital EmployedMay 15, 2023 | americanbankingnews.comInsider Buying: ModivCare Inc. (NASDAQ:MODV) Director Acquires $2,135,625.94 in StockMay 11, 2023 | americanbankingnews.comModivCare Inc. (NASDAQ:MODV) Director Coliseum Capital Management, L Purchases 108,145 Shares of StockMay 9, 2023 | americanbankingnews.comModivCare (NASDAQ:MODV) PT Lowered to $75.00 at Deutsche Bank AktiengesellschaftMay 9, 2023 | americanbankingnews.comModivCare (NASDAQ:MODV) Price Target Cut to $95.00May 7, 2023 | americanbankingnews.comModivCare (NASDAQ:MODV) PT Lowered to $92.00May 7, 2023 | americanbankingnews.comModivCare (NASDAQ:MODV) Trading Down 5.3% on Analyst DowngradeMay 6, 2023 | msn.comStephens & Co. Maintains ModivCare (MODV) Overweight RecommendationMay 6, 2023 | msn.comBarrington Research Maintains ModivCare (MODV) Outperform RecommendationMay 5, 2023 | seekingalpha.comModivCare Inc. 2023 Q1 - Results - Earnings Call PresentationMay 4, 2023 | msn.comModivCare: Q1 Earnings InsightsMay 4, 2023 | msn.comModivCare (MODV) Misses Q1 Earnings EstimatesMay 4, 2023 | finance.yahoo.comModivcare Reports First Quarter 2023 Financial ResultsMay 3, 2023 | americanbankingnews.comModivCare (MODV) Set to Announce Earnings on ThursdayApril 29, 2023 | seekingalpha.comModivCare: Room To Go Before Valuation TurnaroundApril 26, 2023 | finance.yahoo.comModivcare to Present at the BofA Securities 2023 Health Care ConferenceApril 22, 2023 | americanbankingnews.comModivCare (NASDAQ:MODV) Sets New 12-Month Low at $72.53See More Headlines MODV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MODV Company Calendar Last Earnings5/04/2023Today6/08/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Transportation services Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:MODV CUSIPN/A CIK1220754 Webwww.modivcare.com Phone(303) 728-7030Fax203-307-2799Employees20,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$87.33 High Stock Price Forecast$95.00 Low Stock Price Forecast$75.00 Forecasted Upside/Downside+71.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($2.56) Trailing P/E RatioN/A Forward P/E Ratio8.13 P/E Growth0.78Net Income$-31,810,000.00 Net Margins-1.39% Pretax Margin-0.47% Return on Equity26.80% Return on Assets4.87% Debt Debt-to-Equity Ratio2.79 Current Ratio0.70 Quick Ratio0.70 Sales & Book Value Annual Sales$2.51 billion Price / Sales0.29 Cash Flow$15.00 per share Price / Cash Flow3.39 Book Value$25.08 per share Price / Book2.03Miscellaneous Outstanding Shares14,170,000Free Float12,906,000Market Cap$720.40 million OptionableOptionable Beta0.67 Key ExecutivesL. Heath SampsonPresident, Chief Executive Officer, CFO & DirectorJody KeplerChief Compliance OfficerJonathan B. BushSecretary, General Counsel & Senior Vice PresidentRebecca OrcuttChief Accounting Officer & Vice PresidentKenneth ShepardCFO-Non-Emergency Medical TransportationKey CompetitorsHealth CatalystNASDAQ:HCATBrookdale Senior LivingNYSE:BKDGeneluxNASDAQ:GNLXEnhabitNYSE:EHABEditas MedicineNASDAQ:EDITView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 16,877 shares on 5/22/2023Ownership: 0.973%JPMorgan Chase & Co.Bought 5,207 shares on 5/18/2023Ownership: 2.262%New York State Common Retirement FundBought 35,063 shares on 5/18/2023Ownership: 0.627%Thrivent Financial for LutheransSold 442 shares on 5/17/2023Ownership: 0.089%Susquehanna International Group LLPSold 2,000 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 brokers have issued 1 year target prices for ModivCare's stock. Their MODV share price forecasts range from $75.00 to $95.00. On average, they expect the company's stock price to reach $87.33 in the next twelve months. This suggests a possible upside of 71.8% 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 at the beginning of 2023. Since then, MODV shares have decreased by 43.3% and is now trading at $50.84. 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, August 3rd 2023. View our MODV earnings forecast. How were ModivCare's earnings last quarter? ModivCare Inc. (NASDAQ:MODV) released its quarterly earnings results on Thursday, May, 4th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.03. The company earned $663.77 million during the quarter, compared to analyst estimates of $621.74 million. ModivCare had a positive trailing twelve-month return on equity of 26.80% and a negative net margin of 1.39%. 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), Invesco S&P SmallCap Health Care ETF (PSCH), Vanguard S&P Small-Cap 600 Value ETF (VIOV), SPDR S&P 600 Small CapValue ETF (SLYV) and iShares U.S. Healthcare Providers ETF (IHF).Invesco S&P SmallCap 600 Revenue ETF (RWJ) and What guidance has ModivCare issued on next quarter's earnings? ModivCare issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.58 billion-$2.60 billion, compared to the consensus revenue estimate of $2.59 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 shareholders include BlackRock Inc. (14.62%), Silvercrest Asset Management Group LLC (4.55%), State Street Corp (3.59%), Renaissance Technologies LLC (3.55%), Dimensional Fund Advisors LP (3.39%) and Neuberger Berman Group LLC (2.96%). Insiders that own company stock include Coliseum Capital Management, L and Daniel E Greenleaf. 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 $50.84. How much money does ModivCare make? ModivCare (NASDAQ:MODV) has a market capitalization of $720.40 million and generates $2.51 billion in revenue each year. The company earns $-31,810,000.00 in net income (profit) each year or ($2.56) 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. 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