Molina Healthcare, Inc (NYSE:MOH) Receives $196.33 Average PT from Analysts

Molina Healthcare, Inc (NYSE:MOH) has earned an average recommendation of “Hold” from the sixteen analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $193.4667.

MOH has been the subject of a number of research reports. Sanford C. Bernstein restated an “outperform” rating and set a $224.00 target price on shares of Molina Healthcare in a research report on Tuesday, January 6th. Barclays raised their price objective on shares of Molina Healthcare from $144.00 to $164.00 and gave the stock an “underweight” rating in a research note on Monday, January 5th. Deutsche Bank Aktiengesellschaft set a $165.00 target price on Molina Healthcare in a research note on Friday, October 24th. UBS Group dropped their price target on Molina Healthcare from $180.00 to $170.00 and set a “neutral” rating for the company in a research report on Friday, October 24th. Finally, Truist Financial set a $175.00 price target on Molina Healthcare in a report on Friday, October 24th.

Molina Healthcare Stock Down 1.1%

MOH opened at $181.50 on Monday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.68 and a current ratio of 1.68. The company has a market cap of $9.84 billion, a price-to-earnings ratio of 11.24 and a beta of 0.49. Molina Healthcare has a one year low of $133.40 and a one year high of $359.97. The business’s fifty day moving average is $156.78 and its two-hundred day moving average is $177.33.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $3.97 by ($2.13). Molina Healthcare had a net margin of 1.98% and a return on equity of 22.95%. The firm had revenue of $11.48 billion during the quarter, compared to analysts’ expectations of $10.99 billion. During the same quarter in the prior year, the business earned $6.01 EPS. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. Molina Healthcare has set its FY 2025 guidance at 14.000-14.000 EPS. Analysts anticipate that Molina Healthcare will post 24.4 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $143.02, for a total value of $51,058.14. Following the completion of the transaction, the director owned 11,352 shares of the company’s stock, valued at approximately $1,623,563.04. The trade was a 3.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.26% of the company’s stock.

Institutional Investors Weigh In On Molina Healthcare

Hedge funds and other institutional investors have recently modified their holdings of the company. Miller Global Investments LLC purchased a new position in shares of Molina Healthcare during the fourth quarter valued at approximately $27,000. First Horizon Advisors Inc. grew its stake in Molina Healthcare by 2,140.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 112 shares of the company’s stock worth $33,000 after acquiring an additional 107 shares during the period. Bogart Wealth LLC acquired a new position in Molina Healthcare in the 3rd quarter valued at $39,000. CYBER HORNET ETFs LLC acquired a new position in Molina Healthcare in the 2nd quarter valued at $45,000. Finally, SJS Investment Consulting Inc. lifted its stake in shares of Molina Healthcare by 6,225.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 253 shares of the company’s stock worth $48,000 after purchasing an additional 249 shares during the period. 98.50% of the stock is currently owned by hedge funds and other institutional investors.

About Molina Healthcare

Molina Healthcare, Inc is a managed care company specializing in government-sponsored health insurance programs. The company offers Medicaid managed care plans, Medicare Advantage and prescription drug plans, and individual Marketplace plans under the Affordable Care Act. Through an integrated care model, Molina emphasizes preventive and primary care services, care coordination, and disease management to improve health outcomes for its members.

The company traces its roots to the early 1980s, when Dr.