At the time of writing, Molina Healthcare Inc [MOH] stock is trading at $311.90, up 3.32%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MOH shares have gain 4.67% over the last week, with a monthly amount drifted -4.54%, 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.
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 $311.90 at the most recent close of the market. An investor can expect a potential return of 12.02% 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 0.12% 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 0.25 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
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 303.49 points at the first support level, and at 295.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 317.86, and for the 2nd resistance point, it is at 323.82.
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 0.46, the price to book ratio is 3.73 and price to earnings (TTM) ratio is 15.84.
Transactions by insiders
Recent insider trading involved Schapiro Richard M, Director, that happened on Nov 18 ’24 when 136.0 shares were sold. Director, Schapiro Richard M completed a deal on Oct 28 ’24 to buy 136.0 shares. Meanwhile, Director ORLANDO STEVEN J bought 750.0 shares on Oct 29 ’24.
