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S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
The single greatest medical breakthrough of all time? (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
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Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
The single greatest medical breakthrough of all time? (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The single greatest medical breakthrough of all time? (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
The single greatest medical breakthrough of all time? (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The single greatest medical breakthrough of all time? (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
NASDAQ:MODV

ModivCare (MODV) Stock Forecast, Price & News

$50.84
+0.62 (+1.23%)
(As of 06/8/2023 ET)
Compare
Today's Range
$49.27
$50.92
50-Day Range
$44.93
$85.75
52-Week Range
$43.32
$121.54
Volume
71,662 shs
Average Volume
116,883 shs
Market Capitalization
$720.40 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$87.33

ModivCare MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
71.8% Upside
$87.33 Price Target
Short Interest
Bearish
7.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.02
Upright™ Environmental Score
News Sentiment
0.71mentions of ModivCare in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$12.51 M Bought Last Quarter
Proj. Earnings Growth
24.80%
From $6.25 to $7.80 Per Share

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 stars

Medical Sector

42nd out of 986 stocks

Transportation Services Industry

1st out of 16 stocks


MODV stock logo

About ModivCare (NASDAQ:MODV) Stock

ModivCare, 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 Fletcher

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MODV Stock News Headlines

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.
ModivCare (NASDAQ:MODV) Hits New 1-Year Low at $48.47
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 (NASDAQ:MODV) Price Target Cut to $95.00
ModivCare (NASDAQ:MODV) PT Lowered to $92.00
ModivCare: Q1 Earnings Insights
ModivCare (MODV) Set to Announce Earnings on Thursday
ModivCare: Room To Go Before Valuation Turnaround
ModivCare (NASDAQ:MODV) Sets New 12-Month Low at $72.53
See More Headlines

MODV Price History

MODV Company Calendar

Last Earnings
5/04/2023
Today
6/08/2023
Next Earnings (Estimated)
8/03/2023
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
$87.33
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$75.00
Forecasted Upside/Downside
+71.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-31,810,000.00
Pretax Margin
-0.47%

Debt

Sales & Book Value

Annual Sales
$2.51 billion
Cash Flow
$15.00 per share
Book Value
$25.08 per share

Miscellaneous

Free Float
12,906,000
Market Cap
$720.40 million
Optionable
Optionable
Beta
0.67

Key Executives

  • L. Heath SampsonL. Heath Sampson
    President, Chief Executive Officer, CFO & Director
  • Jody Kepler
    Chief Compliance Officer
  • Jonathan B. Bush
    Secretary, General Counsel & Senior Vice President
  • Rebecca Orcutt
    Chief Accounting Officer & Vice President
  • Kenneth Shepard
    CFO-Non-Emergency Medical Transportation













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 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.

This page (NASDAQ:MODV) was last updated on 6/9/2023 by MarketBeat.com Staff

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