Molina Healthcare Inc [MOH] stock prices are down -2.99% to $298.13 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The MOH shares have gain 3.90% over the last week, with a monthly amount drifted -2.90%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Molina Healthcare Inc [NYSE: MOH] stock has seen the most recent analyst activity on May 30, 2024, when Robert W. Baird initiated its Outperform rating and assigned the stock a price target of $405. Previously, BofA Securities downgraded its rating to Underperform on March 28, 2024, and kept the price target unchanged to $439. On March 06, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $437 on the stock. Wells Fargo upgraded its rating to a Equal Weight and increased its price target to $420 on February 15, 2024. UBS initiated its recommendation with a Neutral and recommended $310 as its price target on June 20, 2023. Cantor Fitzgerald started tracking with a Overweight rating for this stock on April 21, 2023, and assigned it a price target of $354. In a note dated December 13, 2022, BofA Securities upgraded an Neutral rating on this stock but restated the target price of $388.
The stock price of Molina Healthcare Inc [MOH] has been fluctuating between $283.53 and $423.92 over the past year. Currently, Wall Street analysts expect the stock to reach $359.38 within the next 12 months. Molina Healthcare Inc [NYSE: MOH] shares were valued at $298.13 at the most recent close of the market. An investor can expect a potential return of 20.54% based on the average MOH price forecast.
Analyzing the MOH fundamentals
The Molina Healthcare Inc [NYSE:MOH] reported sales of 35.85B for trailing twelve months, representing a surge of 21.87%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.26 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 291.73 points at the first support level, and at 285.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 305.82, and for the 2nd resistance point, it is at 313.52.
Ratios To Look Out For
It’s worth pointing out that Molina Healthcare Inc [NYSE:MOH]’s Current Ratio is 1.49. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 3.91 and price to earnings (TTM) ratio is 16.18.
Transactions by insiders
Recent insider trading involved WOYS JAMES, Chief Operating Officer, that happened on May 22 ’24 when 10000.0 shares were sold. Director, ROMNEY RONNA completed a deal on May 21 ’24 to sell 250.0 shares. Meanwhile, Director Schapiro Richard M sold 1000.0 shares on Feb 20 ’24.
