The stock of Molina Healthcare Inc (MOH) has gone down by -2.39% for the week, with a -15.81% drop in the past month and a 0.64% rise in the past quarter. The volatility ratio for the week is 3.15%, and the volatility levels for the past 30 days are 2.37% for MOH. The simple moving average for the last 20 days is -6.50% for MOH stock, with a simple moving average of -0.62% for the last 200 days.
Is It Worth Investing in Molina Healthcare Inc (NYSE: MOH) Right Now?
Molina Healthcare Inc (NYSE: MOH) has a price-to-earnings ratio of 19.12x that is above its average ratio. Additionally, the 36-month beta value for MOH is 0.52. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
The public float for MOH is 57.92M and currently, short sellers hold a 1.65% ratio of that float. The average trading volume of MOH on April 26, 2024 was 402.87K shares.
MOH) stock’s latest price update
Molina Healthcare Inc (NYSE: MOH) has seen a decline in its stock price by -4.11 in relation to its previous close of 367.41. However, the company has experienced a -2.39% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that Molina Healthcare’s (MOH) Q1 results reflect strong premium revenue growth. It continues to estimate adjusted EPS at a minimum of $23.50 for 2024.
Analysts’ Opinion of MOH
Many brokerage firms have already submitted their reports for MOH stocks, with BofA Securities repeating the rating for MOH by listing it as a “Underperform.” The predicted price for MOH in the upcoming period, according to BofA Securities is $439 based on the research report published on March 28, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see MOH reach a price target of $437. The rating they have provided for MOH stocks is “Equal Weight” according to the report published on March 06th, 2024.
Wells Fargo gave a rating of “Equal Weight” to MOH, setting the target price at $420 in the report published on February 15th of the current year.
MOH Trading at -10.14% from the 50-Day Moving Average
After a stumble in the market that brought MOH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.90% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 3.15%, as shares sank -15.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.66% lower at present.
During the last 5 trading sessions, MOH fell by -2.39%, which changed the moving average for the period of 200-days by +16.98% in comparison to the 20-day moving average, which settled at $373.49. In addition, Molina Healthcare Inc saw -2.49% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MOH starting from Schapiro Richard M, who sale 1,000 shares at the price of $401.05 back on Feb 20 ’24. After this action, Schapiro Richard M now owns 11,207 shares of Molina Healthcare Inc, valued at $401,050 using the latest closing price.
WOLF DALE B, the Director of Molina Healthcare Inc, sale 1,500 shares at $398.38 during a trade that took place back on Feb 15 ’24, which means that WOLF DALE B is holding 14,867 shares at $597,570 based on the most recent closing price.
Stock Fundamentals for MOH
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.37 for the gross margin
The net margin for Molina Healthcare Inc stands at 0.03. The total capital return value is set at 0.22. Equity return is now at value 27.53, with 7.42 for asset returns.
Based on Molina Healthcare Inc (MOH), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is 14.3.
Currently, EBITDA for the company is 1.74 billion with net debt to EBITDA at -1.24. When we switch over and look at the enterprise to sales, we see a ratio of 0.52. The receivables turnover for the company is 10.7for trailing twelve months and the total asset turnover is 2.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
In conclusion, Molina Healthcare Inc (MOH) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
