What is the best trade option for Molina Healthcare Inc (MOH) stock?

Molina Healthcare Inc [MOH] stock is trading at $307.42, down -1.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The MOH shares have gain 3.36% over the last week, with a monthly amount glided 4.14%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Robert W. Baird started tracking the stock with Outperform rating on May 30, 2024, and set its price target to $405. On March 28, 2024, downgrade downgraded it’s rating to Underperform but maintained its price target of $439 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $437 on March 06, 2024. Wells Fargo upgraded its rating to a Equal Weight and raised its price target to $420 on February 15, 2024. UBS started tracking with a Neutral rating for this stock on June 20, 2023, and assigned it a price target of $310. In a note dated April 21, 2023, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $354 on this stock.

Molina Healthcare Inc [MOH] stock has fluctuated between $272.69 and $423.92 over the past year. Currently, Wall Street analysts expect the stock to reach $345.5 within the next 12 months. Molina Healthcare Inc [NYSE: MOH] shares were valued at $307.42 at the most recent close of the market. An investor can expect a potential return of 12.39% based on the average MOH price forecast.

Analyzing the MOH fundamentals

Molina Healthcare Inc [NYSE:MOH] reported sales of 39.18B for the trailing twelve months, which represents a growth of 20.96%. 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 0.53.

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 300.38 points at the first support level, and at 293.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 314.08, and for the 2nd resistance point, it is at 320.74.

Ratios To Look Out For

For context, Molina Healthcare Inc’s Current Ratio is 1.55. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 3.67 and price to earnings (TTM) ratio is 15.61.

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.

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