Molina Healthcare, Inc. (NYSE:MOH – Free Report) – Analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Molina Healthcare in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst S. James forecasts that the company will post earnings of $26.35 per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $406.00 price target on the stock. The consensus estimate for Molina Healthcare’s current full-year earnings is $23.44 per share.
Several other research analysts have also issued reports on MOH. StockNews.com upgraded shares of Molina Healthcare from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $350.00 target price (down from $378.00) on shares of Molina Healthcare in a research report on Tuesday, December 17th. Robert W. Baird cut their target price on shares of Molina Healthcare from $405.00 to $331.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. Barclays upped their target price on shares of Molina Healthcare from $359.00 to $372.00 and gave the stock an “equal weight” rating in a research report on Friday, October 25th. Finally, Wells Fargo & Company upped their target price on shares of Molina Healthcare from $360.00 to $362.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $359.18.
Molina Healthcare Trading Up 1.7 %
Shares of MOH stock opened at $302.63 on Wednesday. The stock has a market capitalization of $17.31 billion, a price-to-earnings ratio of 15.37, a PEG ratio of 0.89 and a beta of 0.54. Molina Healthcare has a 1 year low of $272.69 and a 1 year high of $423.92. The company’s fifty day simple moving average is $295.43 and its two-hundred day simple moving average is $316.99. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.54 and a quick ratio of 1.55.
Molina Healthcare (NYSE:MOH – Get Free Report) last issued its earnings results on Wednesday, October 23rd. The company reported $6.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.96 by $0.05. Molina Healthcare had a net margin of 2.92% and a return on equity of 27.88%. The business had revenue of $10.34 billion for the quarter, compared to analysts’ expectations of $9.92 billion. During the same quarter in the previous year, the firm posted $5.05 EPS. The business’s revenue for the quarter was up 21.0% compared to the same quarter last year.
Institutional Trading of Molina Healthcare
A number of institutional investors have recently modified their holdings of the company. KBC Group NV boosted its holdings in shares of Molina Healthcare by 14.6% during the fourth quarter. KBC Group NV now owns 125,486 shares of the company’s stock worth $36,522,000 after purchasing an additional 15,993 shares during the period. Blue Trust Inc. raised its stake in Molina Healthcare by 35.5% in the fourth quarter. Blue Trust Inc. now owns 649 shares of the company’s stock worth $189,000 after buying an additional 170 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Molina Healthcare by 18.8% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,517 shares of the company’s stock worth $1,315,000 after buying an additional 715 shares in the last quarter. AlphaMark Advisors LLC raised its stake in Molina Healthcare by 3.8% in the fourth quarter. AlphaMark Advisors LLC now owns 3,744 shares of the company’s stock worth $1,090,000 after buying an additional 136 shares in the last quarter. Finally, Tributary Capital Management LLC raised its stake in Molina Healthcare by 76.1% in the fourth quarter. Tributary Capital Management LLC now owns 4,190 shares of the company’s stock worth $1,219,000 after buying an additional 1,811 shares in the last quarter. 98.50% of the stock is currently owned by hedge funds and other institutional investors.
Molina Healthcare Company Profile
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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