Molina Healthcare, Inc (NYSE:MOH) Receives Consensus Recommendation of “Hold” from Analysts

Molina Healthcare, Inc (NYSE:MOH) has received a consensus rating of “Hold” from the sixteen research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $196.3333.

Several brokerages have commented on MOH. Wells Fargo & Company lowered their target price on Molina Healthcare from $231.00 to $165.00 and set an “overweight” rating for the company in a research note on Wednesday, November 12th. Jefferies Financial Group set a $160.00 price target on shares of Molina Healthcare in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft set a $165.00 price objective on shares of Molina Healthcare in a research note on Friday, October 24th. UBS Group cut their target price on shares of Molina Healthcare from $180.00 to $170.00 and set a “neutral” rating on the stock in a research report on Friday, October 24th. Finally, Wall Street Zen cut shares of Molina Healthcare from a “hold” rating to a “sell” rating in a research note on Saturday, October 25th.

Insiders Place Their Bets

In related news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $143.02, for a total transaction of $51,058.14. Following the sale, the director owned 11,352 shares in the company, valued at $1,623,563.04. The trade was a 3.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.10% of the stock is owned by corporate insiders.

Institutional Trading of Molina Healthcare

A number of hedge funds have recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB increased its stake in shares of Molina Healthcare by 20.6% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 363 shares of the company’s stock valued at $108,000 after buying an additional 62 shares during the period. Concurrent Investment Advisors LLC grew its holdings in Molina Healthcare by 7.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 944 shares of the company’s stock worth $281,000 after acquiring an additional 62 shares during the last quarter. Tectonic Advisors LLC increased its position in Molina Healthcare by 4.9% in the 2nd quarter. Tectonic Advisors LLC now owns 1,382 shares of the company’s stock valued at $412,000 after acquiring an additional 65 shares during the period. Asset Management One Co. Ltd. raised its stake in shares of Molina Healthcare by 0.3% during the third quarter. Asset Management One Co. Ltd. now owns 22,737 shares of the company’s stock valued at $4,351,000 after acquiring an additional 66 shares during the last quarter. Finally, Twin Capital Management Inc. lifted its holdings in shares of Molina Healthcare by 6.3% during the second quarter. Twin Capital Management Inc. now owns 1,181 shares of the company’s stock worth $352,000 after purchasing an additional 70 shares during the period. 98.50% of the stock is owned by institutional investors and hedge funds.

Molina Healthcare Stock Up 2.8%

Shares of MOH opened at $178.39 on Monday. Molina Healthcare has a one year low of $133.40 and a one year high of $359.97. The company has a market cap of $9.67 billion, a P/E ratio of 11.05 and a beta of 0.49. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.68 and a quick ratio of 1.68. The firm has a 50 day simple moving average of $154.38 and a two-hundred day simple moving average of $181.26.

Molina Healthcare (NYSE:MOH) last issued its 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 business had revenue of $11.48 billion during the quarter, compared to analyst estimates of $10.99 billion. During the same period in the prior year, the business posted $6.01 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Molina Healthcare will post 24.4 EPS for the current fiscal year.

Molina Healthcare Company Profile

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.