Molina Healthcare (NYSE:MOH – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $5.05 EPS for the quarter, missing the consensus estimate of $5.74 by ($0.69), Zacks reports. Molina Healthcare had a return on equity of 27.88% and a net margin of 2.92%. Molina Healthcare updated its FY 2025 guidance to 24.500- EPS.
Molina Healthcare Stock Up 0.6 %
MOH stock traded up $2.04 during midday trading on Wednesday, hitting $317.45. The stock had a trading volume of 806,764 shares, compared to its average volume of 577,415. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.54 and a quick ratio of 1.55. The firm has a market cap of $18.16 billion, a price-to-earnings ratio of 16.12, a price-to-earnings-growth ratio of 0.96 and a beta of 0.54. The business has a 50-day moving average of $298.36 and a two-hundred day moving average of $318.39. Molina Healthcare has a 52-week low of $272.69 and a 52-week high of $423.92.
Analyst Ratings Changes
A number of brokerages recently commented on MOH. Robert W. Baird decreased their target price on shares of Molina Healthcare from $405.00 to $331.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. Wells Fargo & Company boosted their target price on Molina Healthcare from $360.00 to $362.00 and gave the company an “equal weight” rating in a research note on Monday, November 4th. StockNews.com upgraded Molina Healthcare from a “buy” rating to a “strong-buy” rating in a report on Friday, January 31st. Truist Financial decreased their price target on Molina Healthcare from $400.00 to $370.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Finally, Barclays raised their target price 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 issued a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $359.18.
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.
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