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The closing price of Molina Healthcare Inc (NYSE: MOH) was $337.69 for the day, up 3.52% from the previous closing price of $326.20. In other words, the price has increased by $3.52 from its previous closing price. On the day, 0.57 million shares were traded. MOH stock price reached its highest trading level at $339.59 during the session, while it also had its lowest trading level at $326.47.
Ratios:
Our analysis of MOH’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Robert W. Baird on May 30, 2024, initiated with a Outperform rating and assigned the stock a target price of $405.
On March 28, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $439.
On March 06, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $437.Barclays initiated its Equal Weight rating on March 06, 2024, with a $437 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 28 ’24 when Schapiro Richard M bought 136 shares for $325.54 per share.
ORLANDO STEVEN J bought 750 shares of MOH for $243,750 on Oct 29 ’24. On Aug 15 ’24, another insider, HEBERT MAURICE, who serves as the Chief Accounting Officer of the company, sold 393 shares for $346.52 each. As a result, the insider received 136,182 and left with 9,473 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MOH now has a Market Capitalization of 19315867648 and an Enterprise Value of 12630867968. As of this moment, Molina’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.15, and their Forward P/E ratio for the next fiscal year is 13.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 4.04. Its current Enterprise Value per Revenue stands at 0.336 whereas that against EBITDA is 6.963.
Stock Price History:
Over the past 52 weeks, MOH has reached a high of $423.92, while it has fallen to a 52-week low of $272.69. The 50-Day Moving Average of the stock is 1.90%, while the 200-Day Moving Average is calculated to be -2.25%.
Shares Statistics:
MOH traded an average of 609.93K shares per day over the past three months and 1003960 shares per day over the past ten days. A total of 58.00M shares are outstanding, with a floating share count of 56.56M. Insiders hold about 1.12% of the company’s shares, while institutions hold 103.53% stake in the company. Shares short for MOH as of 1728950400 were 1172843 with a Short Ratio of 1.92, compared to 1726185600 on 1333177. Therefore, it implies a Short% of Shares Outstanding of 1172843 and a Short% of Float of 2.3599999.