Molina Healthcare (NYSE:MOH – Get Free Report) issued its earnings results on Wednesday. The company reported $5.05 EPS for the quarter, missing analysts’ consensus estimates of $5.74 by ($0.69), Zacks reports. Molina Healthcare had a net margin of 2.92% and a return on equity of 27.88%. Molina Healthcare updated its FY 2025 guidance to 24.500- EPS.
Molina Healthcare Stock Up 0.6 %
Shares of MOH traded up $2.04 during mid-day trading on Wednesday, hitting $317.45. 806,764 shares of the company’s stock were exchanged, compared to its average volume of 577,415. The stock’s 50-day moving average is $298.36 and its 200-day moving average is $318.39. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.55 and a current ratio of 1.54. Molina Healthcare has a fifty-two week low of $272.69 and a fifty-two week high of $423.92. The company has a market cap of $18.16 billion, a price-to-earnings ratio of 16.12, a P/E/G ratio of 0.96 and a beta of 0.54.
Analyst Upgrades and Downgrades
MOH has been the topic of a number of research reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $406.00 target price on shares of Molina Healthcare in a research note on Thursday, October 24th. Truist Financial lowered their price objective 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. Robert W. Baird cut their target price on Molina Healthcare from $405.00 to $331.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Wells Fargo & Company boosted their price target on shares of Molina Healthcare from $360.00 to $362.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. 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 research report on Friday, October 25th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, four have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target 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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