Molina Healthcare, Inc. provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program in the United States. It operates through three segments: Health Plans, Molina Medicaid Solutions, and Other. The Health Plans segment operates health plans in 12 states. As of December 31, 2017, this segment served approximately 4.5 million members who were eligible for Medicaid, Medicare, and other government-sponsored health care programs. The Molina Medicaid Solutions segment offers business process, information technology development, and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, as well as the U.S. Virgin Islands; and drug rebate administration services in Florida. The Other segment provides behavioral health and social services. The company offers health care services for its members through contracts with physicians, hospitals, and other providers. Molina Healthcare, Inc. was founded in 1980 and is headquartered in Long Beach, California.
Industry, Sector and Symbol
Industry Hospital & medical service plans
Sub-IndustryManaged Health Care
SectorMedical
SymbolNYSE:MOH
CUSIP60855R10
Phone562-435-3666
Debt
Debt-to-Equity Ratio0.98
Current Ratio1.36
Quick Ratio1.36
Price-To-Earnings
Trailing P/E Ratio181.21
Forward P/E Ratio21.97
P/E Growth1.56
Sales & Book Value
Annual Sales$19.88 billion
Price / Sales0.31
Cash Flow$4.1590 per share
Price / Cash24.40
Book Value$22.40 per share
Price / Book4.53
Profitability
EPS (Most Recent Fiscal Year)$0.56
Net Income$-512,000,000.00
Net Margins-2.46%
Return on Equity20.08%
Return on Assets3.34%
Miscellaneous
Employees20,000
Outstanding Shares61,690,000
Molina Healthcare (NYSE:MOH) Frequently Asked Questions
What is Molina Healthcare's stock symbol?
Molina Healthcare trades on the New York Stock Exchange (NYSE) under the ticker symbol "MOH."
How were Molina Healthcare's earnings last quarter?
Molina Healthcare, Inc. (NYSE:MOH) released its earnings results on Monday, April, 30th. The company reported $1.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.90. The company had revenue of $4.65 billion for the quarter, compared to the consensus estimate of $4.74 billion. Molina Healthcare had a negative net margin of 2.46% and a positive return on equity of 20.08%. The company's revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.63 EPS. View Molina Healthcare's Earnings History.
When is Molina Healthcare's next earnings date?
What guidance has Molina Healthcare issued on next quarter's earnings?
Molina Healthcare issued an update on its FY18 earnings guidance on Monday, April, 30th. The company provided earnings per share (EPS) guidance of $4.24-4.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.68. The company issued revenue guidance of ~$18.7 billion, compared to the consensus revenue estimate of $18.82 billion.
What price target have analysts set for MOH?
14 analysts have issued 1 year target prices for Molina Healthcare's shares. Their forecasts range from $53.00 to $110.00. On average, they expect Molina Healthcare's stock price to reach $80.8333 in the next twelve months. View Analyst Ratings for Molina Healthcare.
What are Wall Street analysts saying about Molina Healthcare stock?
Here are some recent quotes from research analysts about Molina Healthcare stock:
- 1. According to Zacks Investment Research, "Molina Healthcare’s shares have outperformed the industry year to date. The company’s growing top line, backed by a consistent membership rise, positions it for long-term growth. Its inorganic strategies also remain accretive to the revenue base. The company has begun an enterprise-wide restructuring program to reduce expenses and improve overall operational efficiency. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 4.2% upward over the last 60 days. However, Molina Healthcare suffers from rising medical care costs along with acute dependence on debt financing that have resulted in higher interest expenses, draining the bottom line. The company is set to report first quarter results on Apr 30. A favorable Zacks Rank #1 and an Earnings ESP of 7.43% makes us confident of an earnings beat this quarter." (4/17/2018)
- 2. Morgan Stanley analysts commented, "extreme makeover," according to analysts at Morgan Stanley. The firm's Zack Sopcak upgrades Molina Healthcare's stock rating from Underweight all the way to Overweight with a price target boosted from $65 to $68.Shares of Molina Healthcare have gained more than 20 percent since the company parted ways with its CEO and chief financial officer in May of 2017, Sopcak noted. The management shuffle is viewed as a "much needed overhaul" for the "less efficient" player in the Medicaid space (see Sopcak's track record here).However, Molina Healthcare's stock has given back a lot of its gains since early June but this isn't necessarily justified since the company communicated a clear cost cutting plan and strategy, Sopcak continued. Specifically, management detailed a path toward $200 million in savings by the end of the year and $300 to $400 million by the end of 2018, mostly due to staffing reductions, exiting non-strategic ACA-marketplace regions and implementing tighter physician networks and contracts.Perhaps more important to Molina Healthcare's stock, the company's strategy moving forward also limits downside. In fact, even if the company doesn't fully meet its financial targets its strategy will at the very least result in a "more-right sized structure" (8/17/2017)
Who are some of Molina Healthcare's key competitors?
Who are Molina Healthcare's key executives?
Molina Healthcare's management team includes the folowing people:
- Mr. Joseph Michael Zubretsky, Pres, CEO & Director (Age 61)
- Mr. Jeffrey Don Barlow M.P.H., Esq., J.D., Chief Legal Officer & Sec. (Age 55)
- Mr. Thomas Lacy Tran, CFO & Treasurer (Age 61)
- Mr. Ryan Kubota, Director, Investor Relations
- Ms. Joann Zarza-Garrido, VP of Compliance
Has Molina Healthcare been receiving favorable news coverage?
News stories about MOH stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Molina Healthcare earned a media sentiment score of 0.22 on Accern's scale. They also assigned news articles about the company an impact score of 47.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Molina Healthcare's major shareholders?
Molina Healthcare's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (3.02%), Iridian Asset Management LLC CT (2.89%), Tiedemann Advisors LLC (2.86%), Dimensional Fund Advisors LP (1.66%), Northern Trust Corp (1.48%) and TCW Group Inc. (1.18%). Company insiders that own Molina Healthcare stock include Charles Z Fedak, Dale B Wolf, Daniel Cooperman, Garrey Carruthers, J Mario Md Molina, Jeff D Barlow, John C Molina, Joseph W Cpa White, Lisa A Rubino, Ronna Romney, Steven J Orlando, Terry Bayer and William Dentino. View Institutional Ownership Trends for Molina Healthcare.
Which institutional investors are selling Molina Healthcare stock?
MOH stock was sold by a variety of institutional investors in the last quarter, including Symphony Asset Management LLC, Dimensional Fund Advisors LP, Rothschild Asset Management Inc., Massachusetts Financial Services Co. MA, Point72 Asset Management L.P., Scout Investments Inc., Engineers Gate Manager LP and Clinton Group Inc.. Company insiders that have sold Molina Healthcare company stock in the last year include Charles Z Fedak, Daniel Cooperman, Garrey Carruthers, J Mario Md Molina, Jeff D Barlow, John C Molina, Lisa A Rubino, Ronna Romney, Steven J Orlando, Terry Bayer and William Dentino. View Insider Buying and Selling for Molina Healthcare.
Which institutional investors are buying Molina Healthcare stock?
MOH stock was acquired by a variety of institutional investors in the last quarter, including Tiedemann Advisors LLC, TCW Group Inc., PointState Capital LP, Victory Capital Management Inc., OppenheimerFunds Inc., Carillon Tower Advisers Inc., Matarin Capital Management LLC and Iridian Asset Management LLC CT. View Insider Buying and Selling for Molina Healthcare.
How do I buy shares of Molina Healthcare?
Shares of MOH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Molina Healthcare's stock price today?
One share of MOH stock can currently be purchased for approximately $101.48.
How big of a company is Molina Healthcare?
Molina Healthcare has a market capitalization of $6.09 billion and generates $19.88 billion in revenue each year. The company earns $-512,000,000.00 in net income (profit) each year or $0.56 on an earnings per share basis. Molina Healthcare employs 20,000 workers across the globe.
How can I contact Molina Healthcare?
Molina Healthcare's mailing address is 200 OCEANGATE SUITE 100, LONG BEACH CA, 90802. The company can be reached via phone at 562-435-3666.
MarketBeat Community Rating for Molina Healthcare (MOH)
MarketBeat's community ratings are surveys of what our community members think about Molina Healthcare and other stocks. Vote "Outperform" if you believe MOH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MOH will underperform the S&P 500 over the long term. You may vote once every thirty days.
