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
Stock Exchange NYSE
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 Ratio190.89
Forward P/E Ratio23.06
P/E Growth1.5
Sales & Book Value
Annual Sales$19.88 billion
Price / Sales0.33
Cash Flow$4.0587 per share
Price / Cash26.25
Book Value$22.40 per share
Price / Book4.76
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
Market Cap$6,547.86
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) posted its earnings results on Monday, April, 30th. The company reported $1.71 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.90. The business had revenue of $4.65 billion for the quarter, compared to analyst estimates of $4.74 billion. Molina Healthcare had a negative net margin of 2.46% and a positive return on equity of 20.08%. The business's quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the business 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 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 brokerages have issued 1 year price targets for Molina Healthcare's shares. Their predictions range from $70.00 to $120.00. On average, they expect Molina Healthcare's share price to reach $93.50 in the next year. This suggests that the stock has a possible downside of 12.2%. View Analyst Ratings for Molina Healthcare.
What is the consensus analysts' recommendation for Molina Healthcare?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Molina Healthcare in the last year. There are currently 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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 growth of its industry in the past one year. It has also witnessed its 2019 estimates move upward in the past 30 days. 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. Solid first-quarter results have prompted the company to increase its guidance, which raise optimism. The company has begun an enterprise-wide restructuring program to reduce expenses and improve overall operational efficiency. However, Molina Healthcare suffers from rising medical care costs along with dependence on debt financing that have resulted in higher interest expenses, draining the bottom line." (7/16/2018)
- 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 headlines about MOH stock have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Molina Healthcare earned a media sentiment score of 0.11 on Accern's scale. They also gave news coverage about the company an impact score of 45.88 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company'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 institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.43%), Bank of Montreal Can (0.43%), Retirement Systems of Alabama (0.28%), Cambiar Investors LLC (0.10%), Boston Advisors LLC (0.04%) and Amalgamated Bank (0.02%). 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 major investors are selling Molina Healthcare stock?
MOH stock was sold by a variety of institutional investors in the last quarter, including Cambiar Investors LLC, Municipal Employees Retirement System of Michigan and Scout Investments 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 major investors are buying Molina Healthcare stock?
MOH stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Amalgamated Bank, Retirement Systems of Alabama, State of Alaska Department of Revenue, Alpha Windward LLC, Nisa Investment Advisors LLC, Campbell & CO Investment Adviser LLC and Xact Kapitalforvaltning AB. 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 $106.54.
How big of a company is Molina Healthcare?
Molina Healthcare has a market capitalization of $6.55 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 (NYSE 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.
