Molina Healthcare, Inc. (NYSE:MOH – Free Report) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Molina Healthcare in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst S. James forecasts that the company will earn $26.35 per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $406.00 price objective on the stock. The consensus estimate for Molina Healthcare’s current full-year earnings is $23.44 per share.
Several other analysts also recently issued reports on MOH. Barclays increased their price target on Molina Healthcare from $359.00 to $372.00 and gave the company an “equal weight” rating in a report on Friday, October 25th. Robert W. Baird lowered their target price on Molina Healthcare from $405.00 to $331.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Wells Fargo & Company boosted their price target on Molina Healthcare from $360.00 to $362.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $350.00 price objective (down previously from $378.00) on shares of Molina Healthcare in a research report on Tuesday, December 17th. Finally, Truist Financial reduced their target price on shares of Molina Healthcare from $400.00 to $370.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $359.18.
Molina Healthcare Price Performance
Molina Healthcare stock opened at $297.26 on Wednesday. The firm has a fifty day moving average of $296.00 and a 200-day moving average of $317.06. Molina Healthcare has a 52-week low of $272.69 and a 52-week high of $423.92. The company has a quick ratio of 1.55, a current ratio of 1.54 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $17.00 billion, a P/E ratio of 15.10, a PEG ratio of 0.89 and a beta of 0.54.
Molina Healthcare (NYSE:MOH – Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $6.01 EPS for the quarter, beating the consensus estimate of $5.96 by $0.05. Molina Healthcare had a net margin of 2.92% and a return on equity of 27.88%. The firm had revenue of $10.34 billion for the quarter, compared to analyst estimates of $9.92 billion. During the same quarter last year, the firm posted $5.05 earnings per share. Molina Healthcare’s revenue for the quarter was up 21.0% compared to the same quarter last year.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. True Wealth Design LLC grew its position in shares of Molina Healthcare by 2,500.0% in the 3rd quarter. True Wealth Design LLC now owns 104 shares of the company’s stock worth $36,000 after acquiring an additional 100 shares in the last quarter. Versant Capital Management Inc increased its stake in Molina Healthcare by 83.1% during the fourth quarter. Versant Capital Management Inc now owns 163 shares of the company’s stock valued at $47,000 after purchasing an additional 74 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in Molina Healthcare during the third quarter valued at $62,000. UMB Bank n.a. raised its holdings in shares of Molina Healthcare by 96.2% during the third quarter. UMB Bank n.a. now owns 206 shares of the company’s stock worth $71,000 after purchasing an additional 101 shares during the period. Finally, AM Squared Ltd lifted its position in shares of Molina Healthcare by 50.0% in the 3rd quarter. AM Squared Ltd now owns 300 shares of the company’s stock worth $103,000 after buying an additional 100 shares during the last quarter. 98.50% of the stock is currently owned by institutional investors.
About Molina Healthcare
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.
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