Headlines about Molina Healthcare (NYSE:MOH) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Molina Healthcare earned a news impact score of 0.09 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.1693627028919 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted Accern’s analysis:
Several equities research analysts recently commented on MOH shares. Wolfe Research upgraded Molina Healthcare from a “market perform” rating to an “outperform” rating in a report on Monday, October 23rd. Morgan Stanley raised their price objective on Molina Healthcare from $68.00 to $89.00 and gave the company an “overweight” rating in a research note on Friday, November 3rd. Raymond James Financial restated a “hold” rating on shares of Molina Healthcare in a research note on Friday, December 8th. Jefferies Group raised their price objective on Molina Healthcare from $64.00 to $74.00 and gave the company a “hold” rating in a research note on Friday, November 3rd. Finally, Goldman Sachs Group started coverage on Molina Healthcare in a research note on Wednesday, January 3rd. They set a “neutral” rating and a $83.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $70.86.
Molina Healthcare (NYSE:MOH) traded up $1.41 during trading hours on Monday, reaching $85.82. Molina Healthcare has a one year low of $42.56 and a one year high of $86.39. The company has a market capitalization of $4,900.00, a P/E ratio of -16.28, a price-to-earnings-growth ratio of 1.13 and a beta of 0.97. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.29 and a current ratio of 1.29.
Molina Healthcare (NYSE:MOH) last released its quarterly earnings data on Thursday, November 2nd. The company reported ($1.62) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($1.85). Molina Healthcare had a negative net margin of 1.76% and a positive return on equity of 17.76%. The company had revenue of $5.03 billion for the quarter, compared to analyst estimates of $4.95 billion. During the same quarter in the prior year, the firm earned $0.85 EPS. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. equities research analysts predict that Molina Healthcare will post -3.88 EPS for the current year.
In other news, Director John C. Molina sold 19,433 shares of the business’s stock in a transaction on Thursday, December 27th. The stock was sold at an average price of $77.22, for a total value of $1,500,616.26. Following the sale, the director now owns 414,915 shares of the company’s stock, valued at approximately $32,039,736.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeff D. Barlow sold 5,000 shares of the business’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $76.82, for a total value of $384,100.00. The disclosure for this sale can be found here. Insiders have sold a total of 634,445 shares of company stock valued at $47,201,288 in the last 90 days. Insiders own 6.20% of the company’s stock.
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Molina Healthcare Company Profile
Molina Healthcare, Inc offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Company operates through three segments: Health Plans, Molina Medicaid Solutions and Other, which includes its Pathways Health and Community Support LLC (Pathways) business.
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