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After finishing at $1.16 in the prior trading day, ModivCare Inc (NASDAQ: MODV) closed at $0.98, down -15.52%. In other words, the price has decreased by -$15.52 from its previous closing price. On the day, 0.68 million shares were traded. MODV stock price reached its highest trading level at $1.2198 during the session, while it also had its lowest trading level at $0.95.
Ratios:
Our goal is to gain a better understanding of MODV by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.78.
On May 06, 2024, Lake Street Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $50.
Jefferies Downgraded its Buy to Hold on February 23, 2024, whereas the target price for the stock was revised from $60 to $39.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 31 ’25 when AI Catalyst Fund, LP bought 187,500 shares for $4.03 per share. The transaction valued at 755,625 led to the insider holds 1,942,500 shares of the business.
AI Catalyst Fund, LP bought 187,500 shares of MODV for $725,625 on Feb 03 ’25. The 10% Owner now owns 2,130,000 shares after completing the transaction at $3.87 per share. On Jan 30 ’25, another insider, AI Catalyst Fund, LP, who serves as the 10% Owner of the company, bought 45,000 shares for $4.35 each. As a result, the insider paid 195,750 and bolstered with 1,755,000 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, MODV now has a Market Capitalization of 14066724 and an Enterprise Value of 1298876800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01. Its current Enterprise Value per Revenue stands at 0.472 whereas that against EBITDA is 11.571.
Stock Price History:
The Beta on a monthly basis for MODV is 0.78, which has changed by -0.9648115 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, MODV has reached a high of $32.82, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -40.04%, while the 200-Day Moving Average is calculated to be -91.62%.
Shares Statistics:
The stock has traded on average 470.40K shares per day over the past 3-months and 404050 shares per day over the last 10 days, according to various share statistics. A total of 14.35M shares are outstanding, with a floating share count of 11.98M. Insiders hold about 16.55% of the company’s shares, while institutions hold 93.61% stake in the company. Shares short for MODV as of 1745971200 were 2723222 with a Short Ratio of 5.79, compared to 1743379200 on 2530838. Therefore, it implies a Short% of Shares Outstanding of 2723222 and a Short% of Float of 44.990003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
ModivCare Inc (MODV) is currently under the scrutiny of 3.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$0.04, with high estimates of $0.19 and low estimates of -$0.42.
Analysts are recommending an EPS of between -$1.09 and -$3.07 for the fiscal current year, implying an average EPS of -$2.08. EPS for the following year is $0.82, with 3.0 analysts recommending between $1.02 and $0.45.
Revenue Estimates
3 analysts predict $653.24M in revenue for the current quarter. It ranges from a high estimate of $656.12M to a low estimate of $650.74M. As of the current estimate, ModivCare Inc’s year-ago sales were $698.3MFor the next quarter, 3 analysts are estimating revenue of $662.51M. There is a high estimate of $666.01M for the next quarter, whereas the lowest estimate is $659.85M.
A total of 3 analysts have provided revenue estimates for MODV’s current fiscal year. The highest revenue estimate was $2.65B, while the lowest revenue estimate was $2.63B, resulting in an average revenue estimate of $2.64B. In the same quarter a year ago, actual revenue was $2.79BBased on 4 analysts’ estimates, the company’s revenue will be $2.79B in the next fiscal year. The high estimate is $2.87B and the low estimate is $2.72B.
