Molina Healthcare (NYSE:MOH) Price Target Raised to $209.00 at Cantor Fitzgerald

Molina Healthcare (NYSE:MOH) had its target price upped by equities research analysts at Cantor Fitzgerald from $144.00 to $209.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Cantor Fitzgerald’s price target suggests a potential upside of 14.50% from the stock’s previous close.

MOH has been the subject of a number of other research reports. Barclays boosted their price objective on Molina Healthcare from $133.00 to $161.00 and gave the company an “underweight” rating in a research note on Friday, April 24th. Robert W. Baird raised their price target on Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a report on Monday. Mizuho decreased their price objective on Molina Healthcare from $220.00 to $180.00 and set an “outperform” rating for the company in a research report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $129.00 price objective on shares of Molina Healthcare in a report on Friday, April 24th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Molina Healthcare in a research report on Tuesday, April 21st. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Molina Healthcare currently has a consensus rating of “Hold” and an average price target of $172.87.

Molina Healthcare Price Performance

Molina Healthcare stock opened at $182.54 on Monday. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.97. Molina Healthcare has a 52-week low of $121.06 and a 52-week high of $333.00. The firm has a market cap of $9.51 billion, a PE ratio of 54.31 and a beta of 0.85. The company’s 50 day moving average is $152.32 and its two-hundred day moving average is $158.52.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. The business had revenue of $10.80 billion for the quarter, compared to analyst estimates of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The company’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, research analysts expect that Molina Healthcare will post 5.21 EPS for the current fiscal year.

Hedge Funds Weigh In On Molina Healthcare

Large investors have recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in Molina Healthcare by 217.0% in the 3rd quarter. AQR Capital Management LLC now owns 2,934,130 shares of the company’s stock valued at $561,475,000 after purchasing an additional 2,008,458 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of Molina Healthcare by 10.2% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,171,433 shares of the company’s stock valued at $376,831,000 after acquiring an additional 201,772 shares in the last quarter. Invesco Ltd. increased its position in shares of Molina Healthcare by 24.2% during the fourth quarter. Invesco Ltd. now owns 1,690,981 shares of the company’s stock worth $293,453,000 after acquiring an additional 329,679 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Molina Healthcare by 46.4% in the fourth quarter. Victory Capital Management Inc. now owns 1,410,604 shares of the company’s stock worth $244,796,000 after acquiring an additional 447,078 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Molina Healthcare by 23.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,394,882 shares of the company’s stock valued at $185,929,000 after acquiring an additional 267,121 shares during the last quarter. 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.