At the time of writing, Molina Healthcare Inc [MOH] stock is trading at $323.59, up 17.67%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MOH shares have gain 11.79% over the last week, with a monthly amount drifted -6.07%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
For the past year, the stock price of Molina Healthcare Inc fluctuated between $272.69 and $423.92. Currently, Wall Street analysts expect the stock to reach $349.38 within the next 12 months. Molina Healthcare Inc [NYSE: MOH] shares were valued at $323.59 at the most recent close of the market. An investor can expect a potential return of 7.97% based on the average MOH price forecast.
Analyzing the MOH fundamentals
According to Molina Healthcare Inc [NYSE:MOH], the company’s sales were 39.18B for trailing twelve months, which represents an 20.96% jump. Gross Profit Margin for this corporation currently stands at -0.09% 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 0.25 and Total Capital is 0.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.
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 313.76 points at the first support level, and at 303.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 337.70, and for the 2nd resistance point, it is at 351.82.
Ratios To Look Out For
It is important to note that Molina Healthcare Inc [NYSE:MOH] has a current ratio of 1.55. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 3.87 and price to earnings (TTM) ratio is 16.43.
Transactions by insiders
Recent insider trading involved HEBERT MAURICE, Chief Accounting Officer, that happened on Aug 15 ’24 when 393.0 shares were sold. Officer, HEBERT MAURICE completed a deal on Aug 15 ’24 to buy 393.0 shares. Meanwhile, Director ORLANDO STEVEN J sold 1000.0 shares on Jul 30 ’24.
