FY2025 Earnings Estimate for MOH Issued By Cantor Fitzgerald

Molina Healthcare, Inc. (NYSE:MOH) – Equities researchers at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Molina Healthcare in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst S. James forecasts that the company will earn $26.35 per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $406.00 price target on the stock. The consensus estimate for Molina Healthcare’s current full-year earnings is $23.44 per share.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $6.01 earnings per share for the quarter, beating analysts’ consensus estimates of $5.96 by $0.05. The company had revenue of $10.34 billion during the quarter, compared to the consensus estimate of $9.92 billion. Molina Healthcare had a net margin of 2.92% and a return on equity of 27.88%. Molina Healthcare’s revenue was up 21.0% on a year-over-year basis. During the same period in the prior year, the company earned $5.05 EPS.

Other analysts have also issued reports about the stock. Truist Financial reduced their price target on shares of Molina Healthcare from $400.00 to $370.00 and set a “buy” rating for the company in a research report on Monday, January 6th. JPMorgan Chase & Co. restated a “neutral” rating and set a $350.00 price objective (down previously from $378.00) on shares of Molina Healthcare in a report on Tuesday, December 17th. Robert W. Baird lowered their price target on shares of Molina Healthcare from $405.00 to $331.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. StockNews.com raised Molina Healthcare from a “hold” rating to a “buy” rating in a report on Friday, October 18th. Finally, Barclays raised their price objective on shares of Molina Healthcare from $359.00 to $372.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $359.18.

Molina Healthcare Stock Up 3.9 %

Shares of Molina Healthcare stock opened at $297.26 on Wednesday. The stock’s fifty day moving average is $296.00 and its 200-day moving average is $317.06. The company has a quick ratio of 1.55, a current ratio of 1.54 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $17.00 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 0.89 and a beta of 0.54. Molina Healthcare has a 12-month low of $272.69 and a 12-month high of $423.92.

Institutional Trading of Molina Healthcare

Institutional investors and hedge funds have recently modified their holdings of the stock. True Wealth Design LLC grew its position in shares of Molina Healthcare by 2,500.0% in the 3rd quarter. True Wealth Design LLC now owns 104 shares of the company’s stock valued at $36,000 after purchasing an additional 100 shares during the period. Versant Capital Management Inc raised its holdings in shares of Molina Healthcare by 83.1% during the fourth quarter. Versant Capital Management Inc now owns 163 shares of the company’s stock worth $47,000 after acquiring an additional 74 shares during the period. Capital Performance Advisors LLP acquired a new position in Molina Healthcare in the 3rd quarter worth $62,000. UMB Bank n.a. increased its holdings in Molina Healthcare by 96.2% during the 3rd quarter. UMB Bank n.a. now owns 206 shares of the company’s stock worth $71,000 after purchasing an additional 101 shares in the last quarter. Finally, AM Squared Ltd boosted its position in shares of Molina Healthcare by 50.0% during the third quarter. AM Squared Ltd now owns 300 shares of the company’s stock worth $103,000 after buying an additional 100 shares during the period. 98.50% of the stock is owned by institutional investors.

About Molina Healthcare

Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.