Headlines about Molina Healthcare (NYSE:MOH) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Molina Healthcare earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.9691178132476 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern’s scoring:
Several analysts recently issued reports on the company. Morgan Stanley lowered their price target on Molina Healthcare from $94.00 to $91.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 14th. ValuEngine raised Molina Healthcare from a “hold” rating to a “buy” rating in a research report on Thursday, March 8th. Jefferies Group reiterated a “hold” rating and issued a $80.00 target price on shares of Molina Healthcare in a research note on Wednesday, February 14th. Zacks Investment Research cut shares of Molina Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 9th. Finally, BMO Capital Markets reduced their target price on shares of Molina Healthcare from $98.00 to $85.00 and set a “market perform” rating for the company in a research note on Wednesday, February 14th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $78.86.
Shares of Molina Healthcare stock traded down $1.99 during midday trading on Friday, reaching $80.67. The company had a trading volume of 952,689 shares, compared to its average volume of 1,095,729. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a market cap of $4,818.18, a P/E ratio of 27.53, a P/E/G ratio of 1.43 and a beta of 1.21. Molina Healthcare has a 1-year low of $46.15 and a 1-year high of $93.98.
Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Monday, February 12th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.11. Molina Healthcare had a negative net margin of 2.58% and a positive return on equity of 17.64%. The company had revenue of $4.95 billion during the quarter, compared to analyst estimates of $4.96 billion. sell-side analysts expect that Molina Healthcare will post 3.68 EPS for the current year.
In other news, Director John C. Molina sold 62,420 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $72.13, for a total transaction of $4,502,354.60. Following the transaction, the director now directly owns 393,410 shares in the company, valued at approximately $28,376,663.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William Dentino sold 67,500 shares of the business’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $86.71, for a total transaction of $5,852,925.00. The disclosure for this sale can be found here. Insiders sold a total of 320,774 shares of company stock worth $27,139,268 over the last ninety days. 0.65% of the stock is currently owned by insiders.
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Molina Healthcare Company Profile
Molina Healthcare, Inc provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program in the United States. It operates through three segments: Health Plans, Molina Medicaid Solutions, and Other.
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