Molina Healthcare (MOH) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $350.98 to $359.04
• 50-Day Range: $283.98 to $360.77
• 52-Week Range: $282.96 to $423.92
• Volume: 331,969 shs
• Average Volume: 496,623 shs
• Market Capitalization: $20.81 billion
• P/E Ratio: 19.27
• Dividend Yield: N/A
• Price Target: $378.00
• Consensus Rating: Hold

Molina Healthcare Stock Analysis - MarketRank™

Molina Healthcare scored higher than 90% of companies evaluated by MarketBeat, and ranked 153rd out of 1,016 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Molina Healthcare has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 5 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Molina Healthcare has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.89%

Earnings Growth

Earnings for Molina Healthcare are expected to grow by 12.89% in the coming year, from $23.50 to $26.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Molina Healthcare is 19.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.

Price to Earnings Ratio vs. Sector

The P/E ratio of Molina Healthcare is 19.27, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 140.22.

Price to Earnings Growth Ratio

Molina Healthcare has a PEG Ratio of 1.20. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Molina Healthcare has a P/B Ratio of 4.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.36% of the float of Molina Healthcare has been sold short.

Short Interest Ratio / Days to Cover

Molina Healthcare has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Molina Healthcare has recently increased by 3.79%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Molina Healthcare does not currently pay a dividend.

Dividend Growth

Molina Healthcare does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.6 / 5
• Environmental Score: -0.39

Percentage of Shares Shorted

2.36% of the float of Molina Healthcare has been sold short.

Short Interest Ratio / Days to Cover

Molina Healthcare has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Molina Healthcare has recently increased by 3.79%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.96

News Sentiment

Molina Healthcare has a news sentiment score of 0.96. 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 higher news sentiment than the 0.68 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Molina Healthcare this week, compared to 8 articles on an average week.

Search Interest

Only 7 people have searched for MOH on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Molina Healthcare insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $475,392.00 in company stock.

Percentage Held by Insiders

Only 1.10% of the stock of Molina Healthcare is held by insiders.

Percentage Held by Institutions

98.50% of the stock of Molina Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MOH Stock Analysis - Frequently Asked Questions

How have MOH shares performed this year?

Molina Healthcare's stock was trading at $361.31 on January 1st, 2024. Since then, MOH shares have decreased by 1.7% and is now trading at $355.15.
View the best growth stocks for 2024 here.

How were Molina Healthcare's earnings last quarter?

Molina Healthcare, Inc. (NYSE:MOH) released its quarterly earnings data on Wednesday, July, 24th. The company reported $5.86 EPS for the quarter, topping the consensus estimate of $5.73 by $0.13. The company's revenue for the quarter was up 18.7% on a year-over-year basis.

Does Molina Healthcare have any subsidiaries?

Molina Healthcare subsidiaries include Affinity Health Plan, Magellan Complete Care, NextLevel Health Illinois, YourCare Health Plan, Aetna & Humana - Medicare Advantage, Total Care Medicaid plan, Better Health Network, and others.

Who are Molina Healthcare's major shareholders?

Molina Healthcare's top institutional shareholders include Renaissance Technologies LLC (1.62%), Dimensional Fund Advisors LP (0.80%), AQR Capital Management LLC (0.79%) and Bank of New York Mellon Corp (0.66%). Insiders that own company stock include Joseph M Zubretsky, Jeff D Barlow, James Woys, Marc Russo, Mark Lowell Keim, Steven J Orlando, Ronna Romney, Dale B Wolf, Richard M Schapiro, Maurice Hebert, Daniel Cooperman and Barbara L Brasier.
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.

What other stocks do shareholders of Molina Healthcare own?

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

Company Calendar

• Last Earnings: 7/24/2024
• Today: 9/18/2024
• Next Earnings (Confirmed): 10/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Hospital & medical service plans
• Sub-Industry: Managed Health Care
• Current Symbol: NYSE:MOH
• CUSIP: 60855R10
• CIK: 1179929
• Web: www.molinahealthcare.com
• Phone: (562) 435-3666
• Fax: 562-499-0790
• Employees: 123,123
• Year Founded: 1980

Price Target and Rating

• Average Stock Price Target: $378.00
• High Stock Price Target: $439.00
• Low Stock Price Target: $297.00
• Potential Upside/Downside: +6.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.46
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $18.43
• Trailing P/E Ratio: 19.27
• Forward P/E Ratio: 15.11
• P/E Growth: 1.2
• Net Income: $1.09 billion
• Net Margins: 2.84%
• Pretax Margin: 3.81%
• Return on Equity: 28.09%
• Return on Assets: 8.10%

Debt

• Debt-to-Equity Ratio: 0.49
• Current Ratio: 1.57
• Quick Ratio: 1.57

Sales & Book Value

• Annual Sales: $37.41 billion
• Price / Sales: 0.56
• Cash Flow: $24.46 per share
• Price / Cash Flow: 14.52
• Book Value: $72.30 per share
• Price / Book: 4.91

Miscellaneous

• Outstanding Shares: 58,600,000
• Free Float: 57,955,000
• Market Cap: $20.81 billion
• Optionable: Optionable
• Beta: 0.57