Free Trial
NASDAQ:MODV

ModivCare (MODV) Stock Price, News & Analysis

ModivCare logo
$4.18 -0.43 (-9.33%)
Closing price 04:00 PM Eastern
Extended Trading
$4.24 +0.06 (+1.44%)
As of 05:46 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About ModivCare Stock (NASDAQ:MODV)

Key Stats

Today's Range
$4.15
$4.67
50-Day Range
$4.18
$18.81
52-Week Range
$4.15
$52.33
Volume
695,671 shs
Average Volume
782,416 shs
Market Capitalization
$59.71 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.20
Consensus Rating
Hold

Company Overview

ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and their members. The company operates through four segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Corporate and Other. The company offers risk underwriting, contact center management, network credentialing, claims management, and non-emergency medical transport management services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services. It also provides in-home personal care services, such as bathing, personal hygiene, grooming, oral care, dressing, medication reminders, meal planning, preparation and feeding, housekeeping, transportation services, prescription reminders, and assistance with dressing and ambulation services through placing non-medical personal care assistants, home health aides, and skilled nurses primarily to Medicaid patients in need of care monitoring and assistance in performing daily living activities, including senior citizens and disabled adults. In addition, the company offers remote patient monitoring solutions, including personal emergency response systems, vitals monitoring, medication management, and data-driven patient engagement solutions. It serves federal, state, and local government agencies, MCOs, commercial insurers, private individuals, and health systems. The company was formerly known as The Providence Service Corporation and changed its name to ModivCare Inc. in January 2021. ModivCare Inc. was incorporated in 1996 and is headquartered in Denver, Colorado.

ModivCare Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
89th Percentile Overall Score

MODV MarketRank™: 

ModivCare scored higher than 89% of companies evaluated by MarketBeat, and ranked 133rd out of 953 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    ModivCare has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    ModivCare has only been the subject of 3 research reports in the past 90 days.

  • Read more about ModivCare's stock forecast and price target.
  • Earnings Growth

    Earnings for ModivCare are expected to grow in the coming year, from ($0.36) to ($0.28) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ModivCare is -0.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ModivCare is -0.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    ModivCare has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about ModivCare's valuation and earnings.
  • Percentage of Shares Shorted

    9.16% of the float of ModivCare has been sold short.
  • Short Interest Ratio / Days to Cover

    ModivCare has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in ModivCare has recently increased by 12.75%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    ModivCare does not currently pay a dividend.

  • Dividend Growth

    ModivCare does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    9.16% of the float of ModivCare has been sold short.
  • Short Interest Ratio / Days to Cover

    ModivCare has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in ModivCare has recently increased by 12.75%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    ModivCare has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for ModivCare this week, compared to 3 articles on an average week.
  • Search Interest

    Only 5 people have searched for MODV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added ModivCare to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, ModivCare insiders have bought 105.49% more of their company's stock than they have sold. Specifically, they have bought $3,522,833.00 in company stock and sold $1,714,334.00 in company stock.

  • Percentage Held by Insiders

    22.10% of the stock of ModivCare is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Read more about ModivCare's insider trading history.
Receive MODV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ModivCare and its competitors with MarketBeat's FREE daily newsletter.

MODV Stock News Headlines

Is this the pin that pops the bubble?
CEO Jensen Huang does not want you knowing this dirty little secret about Nvidia… In fact, any day now we’re expecting a cease and desist from Nvidia’s lawyers. Go here now before it’s too late to find out why Nvidia shares are slumping so hard.
See More Headlines

MODV Stock Analysis - Frequently Asked Questions

ModivCare's stock was trading at $11.84 at the start of the year. Since then, MODV shares have decreased by 64.7% and is now trading at $4.18.
View the best growth stocks for 2025 here
.

ModivCare Inc. (NASDAQ:MODV) posted its quarterly earnings data on Wednesday, November, 6th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.04. The firm's quarterly revenue was up 2.2% compared to the same quarter last year.

Shares of MODV 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that ModivCare investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Humana (HUM).

Company Calendar

Last Earnings
11/06/2024
Today
1/30/2025
Next Earnings (Estimated)
2/27/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Transportation services
Sub-Industry
Transportation
Current Symbol
NASDAQ:MODV
Employees
21,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.20
High Stock Price Target
$40.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+334.7%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$-204,460,000.00
Pretax Margin
-6.41%

Debt

Sales & Book Value

Annual Sales
$2.76 billion
Cash Flow
$19.94 per share
Book Value
$11.01 per share

Miscellaneous

Free Float
11,127,000
Market Cap
$59.79 million
Optionable
Optionable
Beta
0.60
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report

This page (NASDAQ:MODV) was last updated on 1/30/2025 by MarketBeat.com Staff
From Our Partners