Molina Healthcare Inc (NYSE: MOH) is -1.66% lower on its value in year-to-date trading and has touched a low of $272.69 and a high of $423.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MOH stock was last observed hovering at around $282.60 in the last trading session, with the day’s gains setting it 3.61%.
Currently trading at $286.21, the stock is -2.12% and -4.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.84 million and changing 1.28% at the moment leaves the stock -11.51% off its SMA200. MOH registered -25.94% loss for a year compared to 6-month gain of -0.53%. The firm has a 50-day simple moving average (SMA 50) of $299.799 and a 200-day simple moving average (SMA200) of $323.4537.
The stock witnessed a -3.14% loss in the last 1 month and extending the period to 3 months gives it a -13.53%, and is 0.05% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.32% over the week and 2.68% over the month.
Molina Healthcare Inc (MOH) has around 18000 employees, a market worth around $16.37B and $39.18B in sales. Current P/E ratio is 14.53 and Fwd P/E is 11.08. Profit margin for the company is 2.92%. Distance from 52-week low is 4.96% and -32.49% from its 52-week high. The company has generated returns on investments over the last 12 months (15.67%).
with sales reaching $10.32B over the same period.The EPS is expected to grow by 11.16% this year, but quarterly earnings will post 18.54% year-over-year. Quarterly sales are estimated to grow 14.05% in year-over-year returns.
Molina Healthcare Inc (MOH) Top Institutional Holders
959.0 institutions hold shares in Molina Healthcare Inc (MOH), with institutional investors hold 100.80% of the company’s shares. The shares outstanding are 57.00M, and float is at 56.54M with Short Float at 1.95%. Institutions hold 99.65% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.68 million shares valued at $1.98 billion. The investor’s holdings represent 11.5286% of the MOH Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 5.28 million shares valued at $1.57 billion to account for 9.1249 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.19 million shares representing 8.9637% and valued at over $1.54 billion, while PRICE T ROWE ASSOCIATES INC /MD/ holds 6.9339 of the shares totaling 4.01 million with a market value of $1.19 billion.
Molina Healthcare Inc (MOH) Insider Activity
The most recent transaction is an insider sale by Schapiro Richard M, the company’s Director. SEC filings show that Schapiro Richard M sold 136 shares of the company’s common stock on Nov 18 ’24 at a price of $292.72 per share for a total of $39810.0. Following the sale, the insider now owns 11556.0 shares.
Still, SEC filings show that on Oct 29 ’24, ORLANDO STEVEN J (Director) Proposed Sale 750 shares at an average price of $325.00 for $0.24 million. The insider now directly holds shares of Molina Healthcare Inc (MOH).
