Molina Healthcare Company Profile (NYSE:MOH)

Molina Healthcare trades on the New York Stock Exchange (NYSE) under the ticker symbol "MOH."

Molina Healthcare Inc (NYSE:MOH) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.86 by $0.87. The company had revenue of $5 billion for the quarter, compared to analysts' expectations of $4.88 billion. Molina Healthcare had a negative net margin of 1.07% and a positive return on equity of 16.10%. The business's revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 earnings per share. View Molina Healthcare's Earnings History.

Molina Healthcare is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Molina Healthcare.

13 brokers have issued 12-month price objectives for Molina Healthcare's shares. Their forecasts range from $48.00 to $72.00. On average, they expect Molina Healthcare's share price to reach $62.54 in the next year. View Analyst Ratings for Molina Healthcare.

Here are some recent quotes from research analysts about Molina Healthcare stock:

• 1. 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)
• 2. According to Zacks Investment Research, "Molina Healthcare suffers from rising medical care costs along with acute dependence on debt financing that has resulted in higher interest expenses draining the bottom line. The Zacks Consensus earnings estimate for both 2017 and 2018 has declined significantly over past 90 days. However, year to date, the shares have gained 29% outperforming the Zacks classified Health Maintenance Organization that increased 21%. The company has been witnessing steady increase in premiums and service revenues over the past several quarters. Its several inorganic growth initiatives have paid off well. It will release the second quarter results On Aug 2, 2017. The Zacks Consensus Estimate is pegged at $0.86 for the second quarter reflecting a 29% year over year growth." (7/17/2017)
• 3. Cowen and Company analysts commented, "We are initiating at Market Perform with a $48 PT given potential long-term headwinds to MOH's core Medicaid business. The Republican ACA repeal plan proposes to reduce Medicaid funding and roll back Medicaid expansion ' though we are still early in the process. Individual losses could be a near-term headwind. MOH's exposure to an uncertain political environment keeps us on the sidelines for now." (3/15/2017)
• 4. Jefferies Group LLC analysts commented, "We stepped aside in Dec for Medicaid Expansion and Exchange (HIX) concerns. Though we were in the right zip code, we clearly hadn't zeroed in on the 4Q operational underperformance at this "address." HIX losses in 4Q account for $1.47 of the loss. Out of period items are another $0.70 drag. Thus, we estimate an adjusted EPS power number of ~$0.63. Annualizing that (~$2.50) falls 30% + below consensus. The after hours 14% sell-off is probably too optimistic. Bridge to EPS Power. The company's 4Q16 adjusted EPS loss was $1.54. That reflected $1.47 of EPS drag from HIX, consisting of a $0.34 PDR for 2017 and $1.13 for other underperformance largely driven by higher Risk Adjustment payments. MOH also was adversely impacted by $0.70 of out of period premium and provider adjustments (includes $0.29 for 2014-15 and $0.41 for 1Q16-3Q16), which is alarming given how far back these adjustments cover. Those add backs result in adjusted 4Q EPS power of $0.63, which was well below the Street's $0.75." (2/16/2017)

Some companies that are related to Molina Healthcare include NMC Health PLC (NMC), HealthSouth Corporation (HLS), Acadia Healthcare Company (ACHC), Mednax (MD), Chemed Corp. (CHE), Select Medical Holdings Corporation (SEM), LifePoint Health (LPNT), Udg Healthcare PLC (UDG), Tenet Healthcare Corporation (THC), HMS Holdings Corp (HMSY), Community Health Systems (CYH), China Cord Blood Corporation (CO), HealthStream (HSTM), Kindred Healthcare (KND), American Renal Associates Holdings (ARA), Georgia Healthcare Group PLC (GHG), Cambian Group PLC (CMBN) and Concord Medical Services Holdings Limited (CCM).

Molina Healthcare's management team includes the folowing people:

• Dale B. Wolf, Chairman of the Board
• Joseph W. White CPA, Interim President, Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer
• Terry P. Bayer, Chief Operating Officer
• Jeffrey D. Barlow J.D., Chief Legal Officer, Corporate Secretary
• Ronna E. Romney, Lead Independent Director
• John C. Molina J.D., Director
• Joseph Mario Molina M.D., Director
• Garrey E. Carruthers Ph.D., Independent Director
• Charles Z. Fedak CPA, Independent Director

Molina Healthcare's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Capital World Investors (8.26%), Vanguard Group Inc. (6.34%), Dimensional Fund Advisors LP (4.10%), Alliancebernstein L.P. (2.93%), Victory Capital Management Inc. (2.07%) and Northern Trust Corp (1.58%). Company insiders that own Molina Healthcare stock include Charles Z Fedak, Dale B Wolf, Daniel Cooperman, Frank E Md Murray, Garrey Carruthers, J Mario Md Molina, John C Molina, Joseph W Cpa White, Lisa A Rubino, Richard M Schapiro, Ronna Romney, Steven J Orlando, Steven James, Terry Bayer and William Dentino. View Institutional Ownership Trends for Molina Healthcare.

Molina Healthcare's stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Capital World Investors, Epoch Investment Partners Inc., Earnest Partners LLC, Victory Capital Management Inc., Redmile Group LLC, Alliancebernstein L.P. and Cambiar Investors LLC. Company insiders that have sold Molina Healthcare stock in the last year include Charles Z Fedak, Dale B Wolf, Daniel Cooperman, Garrey Carruthers, J Mario Md Molina, John C Molina, Lisa A Rubino, Ronna Romney, Steven J Orlando, Terry Bayer and William Dentino. View Insider Buying and Selling for Molina Healthcare.

Molina Healthcare's stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Koch Industries Inc., York Capital Management Global Advisors LLC, Naya Capital Management UK Ltd., TIAA CREF Investment Management LLC, Numeric Investors LLC, Scout Investments Inc. and FMR LLC. View Insider Buying and Selling for Molina Healthcare.

Shares of Molina Healthcare can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Molina Healthcare stock can currently be purchased for approximately $65.32.