Press coverage about Molina Healthcare (NYSE:MOH) has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Molina Healthcare earned a news impact score of 0.15 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.4224205027885 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
Shares of Molina Healthcare (MOH) traded down $1.94 during midday trading on Friday, hitting $91.83. 1,657,246 shares of the stock were exchanged, compared to its average volume of 1,013,937. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.29 and a current ratio of 1.29. The stock has a market cap of $5,242.94, a P/E ratio of -15.13, a PEG ratio of 1.10 and a beta of 0.97. Molina Healthcare has a 12-month low of $42.56 and a 12-month high of $93.98.
Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Thursday, November 2nd. The company reported ($1.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($1.85). The company had revenue of $5.03 billion for the quarter, compared to analysts’ expectations of $4.95 billion. Molina Healthcare had a negative net margin of 1.76% and a positive return on equity of 17.76%. The business’s revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.85 EPS. equities research analysts forecast that Molina Healthcare will post -3.88 EPS for the current fiscal year.
MOH has been the subject of a number of analyst reports. ValuEngine upgraded shares of Molina Healthcare from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Raymond James Financial restated a “hold” rating on shares of Molina Healthcare in a research note on Friday, December 8th. Zacks Investment Research upgraded shares of Molina Healthcare from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. Jefferies Group raised their price objective on shares of Molina Healthcare from $60.00 to $64.00 and gave the company a “hold” rating in a research note on Friday, October 13th. Finally, BMO Capital Markets initiated coverage on shares of Molina Healthcare in a research note on Monday, October 16th. They set a “market perform” rating and a $70.00 price objective for the company. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $70.86.
In related news, Director Daniel Cooperman sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $78.79, for a total value of $354,555.00. Following the transaction, the director now owns 9,087 shares of the company’s stock, valued at $715,964.73. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider William Dentino sold 67,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $77.15, for a total transaction of $5,207,625.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 761,678 shares of company stock worth $59,104,893. Insiders own 6.20% of the company’s stock.
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About Molina Healthcare
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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