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NYSE:MOH

Molina Healthcare (MOH) Stock Price, News & Analysis

$307.04
-1.12 (-0.36%)
(As of 06/14/2024 ET)
Today's Range
$303.04
$308.14
50-Day Range
$304.84
$381.76
52-Week Range
$273.58
$423.92
Volume
358,480 shs
Average Volume
538,620 shs
Market Capitalization
$17.99 billion
P/E Ratio
16.66
Dividend Yield
N/A
Price Target
$407.45

Molina Healthcare MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
32.7% Upside
$407.45 Price Target
Short Interest
Healthy
2.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.39
Upright™ Environmental Score
News Sentiment
0.88mentions of Molina Healthcare in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$3.54 M Sold Last Quarter
Proj. Earnings Growth
13.75%
From $23.56 to $26.80 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.97 out of 5 stars

Medical Sector

5th out of 915 stocks

Hospital & Medical Service Plans Industry

1st out of 11 stocks

MOH stock logo

About Molina Healthcare Stock (NYSE:MOH)

Molina Healthcare, Inc. provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.

MOH Stock Price History

MOH Stock News Headlines

Centene Reaffirms Guidance, But Is it Too Late? (MOH)
Managed care health insurance company Centene Inc. (NYSE: CNC) recently saw its share rebound after reaffirming its guidance. This move came
Truist Financial Keeps Their Buy Rating on Molina Healthcare (MOH)
Molina Healthcare Posts Drop in 1Q Profit
Molina: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Today
6/15/2024
Next Earnings (Confirmed)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Hospital & medical service plans
Sub-Industry
Managed Health Care
CUSIP
60855R10
Employees
123,123
Year Founded
1980

Price Target and Rating

Average Stock Price Target
$407.45
High Stock Price Target
$460.00
Low Stock Price Target
$365.00
Potential Upside/Downside
+32.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$1.09 billion
Pretax Margin
4.01%

Debt

Sales & Book Value

Annual Sales
$35.85 billion
Cash Flow
$23.65 per share
Book Value
$72.30 per share

Miscellaneous

Free Float
57,955,000
Market Cap
$17.99 billion
Optionable
Optionable
Beta
0.57

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Key Executives

Should I Buy Molina Healthcare Stock? MOH Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Molina Healthcare, Inc.:

  • Molina Healthcare's Q2 2024 earnings per share estimate has been increased, indicating potential growth and profitability.
  • Positive analyst ratings and target price upgrades from reputable firms like Truist Financial and Cantor Fitzgerald suggest confidence in the company's performance.
  • Stable financial ratios such as a price-to-earnings ratio of 18.72 and a PEG ratio of 1.08 can indicate a solid investment opportunity.
  • Recent stock performance with a 50-day simple moving average of $376.10 and a 200-day simple moving average of $371.99 may signal a good entry point for investors.
  • Molina Healthcare's presence in 19 states across different healthcare segments provides diversification and potential for growth.

Cons

Investors should be bearish about investing in Molina Healthcare, Inc. for these reasons:

  • One research analyst has rated the stock with a sell rating, indicating some skepticism about the company's future performance.
  • Barclays reduced their target price on Molina Healthcare, which could suggest concerns about the company's valuation or growth prospects.
  • Market volatility and uncertainties in the healthcare sector could impact Molina Healthcare's stock price and financial performance.
  • Debt-to-equity ratio of 0.53 may raise concerns about the company's leverage and financial stability.
  • Potential regulatory changes in the healthcare industry could affect Molina Healthcare's operations and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 9, 2024. Please send any questions or comments about these Molina Healthcare pros and cons to contact@marketbeat.com.

MOH Stock Analysis - Frequently Asked Questions

Should I buy or sell Molina Healthcare stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Molina Healthcare in the last twelve months. There are currently 1 sell rating, 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MOH shares.
View MOH analyst ratings
or view top-rated stocks.

What is Molina Healthcare's stock price target for 2024?

12 equities research analysts have issued 12-month price objectives for Molina Healthcare's shares. Their MOH share price targets range from $365.00 to $460.00. On average, they anticipate the company's stock price to reach $407.45 in the next twelve months. This suggests a possible upside of 32.7% from the stock's current price.
View analysts price targets for MOH
or view top-rated stocks among Wall Street analysts.

How have MOH shares performed in 2024?

Molina Healthcare's stock was trading at $361.31 at the beginning of 2024. Since then, MOH stock has decreased by 15.0% and is now trading at $307.04.
View the best growth stocks for 2024 here
.

Are investors shorting Molina Healthcare?

Molina Healthcare saw a increase in short interest in May. As of May 31st, there was short interest totaling 1,620,000 shares, an increase of 20.9% from the May 15th total of 1,340,000 shares. Based on an average daily volume of 445,900 shares, the short-interest ratio is currently 3.6 days. Approximately 2.8% of the shares of the company are sold short.
View Molina Healthcare's Short Interest
.

When is Molina Healthcare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our MOH earnings forecast
.

How can I listen to Molina Healthcare's earnings call?

Molina Healthcare will be holding an earnings conference call on Thursday, July 25th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "5266367".

How were Molina Healthcare's earnings last quarter?

Molina Healthcare, Inc. (NYSE:MOH) announced its quarterly earnings results on Wednesday, April, 24th. The company reported $5.73 EPS for the quarter, topping analysts' consensus estimates of $5.46 by $0.27. The business had revenue of $9.93 billion for the quarter, compared to analysts' expectations of $9.45 billion. Molina Healthcare had a net margin of 2.99% and a trailing twelve-month return on equity of 29.86%. Molina Healthcare's revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period in the prior year, the company posted $5.81 earnings per share.

What guidance has Molina Healthcare issued on next quarter's earnings?

Molina Healthcare issued an update on its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of 23.500- for the period, compared to the consensus earnings per share estimate of 23.560. The company issued revenue guidance of $39.6 billion-$39.6 billion, compared to the consensus revenue estimate of $39.3 billion.

What is Joseph Zubretsky's approval rating as Molina Healthcare's CEO?

170 employees have rated Molina Healthcare Chief Executive Officer Joseph Zubretsky on Glassdoor.com. Joseph Zubretsky has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Molina Healthcare own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Molina Healthcare investors own include NVIDIA (NVDA), Alibaba Group (BABA), PayPal (PYPL), Bank of America (BAC), Johnson & Johnson (JNJ), Netflix (NFLX), Tesla (TSLA), UnitedHealth Group (UNH), CVS Health (CVS) and Intel (INTC).

Who are Molina Healthcare's major shareholders?

Molina Healthcare's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.26%), Capital World Investors (8.96%), Price T Rowe Associates Inc. MD (6.47%), Capital Research Global Investors (4.15%), Capital International Investors (2.84%) and Boston Partners (1.36%). Insiders that own company stock include Barbara L Brasier, Dale B Wolf, Daniel Cooperman, James Woys, Jeff D Barlow, Joseph M Zubretsky, Marc Russo, Mark Lowell Keim, Maurice Hebert, Richard M Schapiro, Ronna Romney and Steven J Orlando.
View institutional ownership trends
.

How do I buy shares of Molina Healthcare?

Shares of MOH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Molina Healthcare have any subsidiaries?
The following companies are subsidiares of Molina Healthcare: 2028 West Broadway, Aetna & Humana - Medicare Advantage, Affinity Health Plan, Better Health Network, Florida NetPASS LLC, Hclb Inc., MHAZ, Magellan Complete Care, Mercy CarePlus, Molina Care Connections, Molina Clinical Services, Molina Healthcare Data Center, Molina Healthcare of Arizona, Molina Healthcare of California, Molina Healthcare of Florida, Molina Healthcare of Georgia, Molina Healthcare of Illinois, Molina Healthcare of Indiana, Molina Healthcare of Iowa, Molina Healthcare of Kentucky, Molina Healthcare of Louisiana, Molina Healthcare of Michigan, Molina Healthcare of Mississippi, Molina Healthcare of Nevada, Molina Healthcare of New Mexico, Molina Healthcare of New York, Molina Healthcare of Ohio, Molina Healthcare of Oklahoma, Molina Healthcare of Pennsylvania, Molina Healthcare of Puerto Rico, Molina Healthcare of Rhode Island, Molina Healthcare of Rhode Island Holding Company, Molina Healthcare of South Carolina, Molina Healthcare of Tennessee, Molina Healthcare of Texas, Molina Healthcare of Texas Insurance Company, Molina Healthcare of Utah, Molina Healthcare of Virginia, Molina Healthcare of Washington, Molina Healthcare of Wisconsin, Molina Pathways, Molina Youth Academy, NextLevel Health Illinois, Oceangate Reinsurance, Pathways Community Corrections, Providence Community Services, Providence Human Services, SWH Holdings, Senior Health Holdings, Senior Whole Health of New York, The Game of Work LLC, The Management Group, Total Care Medicaid plan, Unisys -Health Information Management, and YourCare Health Plan.
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This page (NYSE:MOH) was last updated on 6/15/2024 by MarketBeat.com Staff

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