Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
As of close of business last night, Molina Healthcare Inc’s stock clocked out at $300.42, down -3.18% from its previous closing price of $310.30. In other words, the price has decreased by -$3.18 from its previous closing price. On the day, 0.55 million shares were traded. MOH stock price reached its highest trading level at $309.165 during the session, while it also had its lowest trading level at $299.645.
Ratios:
To gain a deeper understanding of MOH’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 18 ’24 when Schapiro Richard M sold 136 shares for $292.72 per share. The transaction valued at 39,810 led to the insider holds 11,556 shares of the business.
Schapiro Richard M bought 136 shares of MOH for $44,273 on Oct 28 ’24. On Oct 29 ’24, another insider, ORLANDO STEVEN J, who serves as the Director of the company, bought 750 shares for $325.00 each.
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 17184024576 and an Enterprise Value of 10499023872. As of this moment, Molina’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.25, and their Forward P/E ratio for the next fiscal year is 11.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 0.28 whereas that against EBITDA is 5.788.
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 -4.69%, while the 200-Day Moving Average is calculated to be -11.30%.
Shares Statistics:
It appears that MOH traded 688.90K shares on average per day over the past three months and 661590 shares per day over the past ten days. A total of 57.00M shares are outstanding, with a floating share count of 56.54M. Insiders hold about 1.16% of the company’s shares, while institutions hold 99.29% stake in the company. Shares short for MOH as of 1731628800 were 997355 with a Short Ratio of 1.45, compared to 1728950400 on 1172843. Therefore, it implies a Short% of Shares Outstanding of 997355 and a Short% of Float of 2.0.
