In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Molina Healthcare Inc (NYSE: MOH) closed at $352.30 down -4.11% from its previous closing price of $367.41. In other words, the price has decreased by -$4.11 from its previous closing price. On the day, 0.92 million shares were traded. MOH stock price reached its highest trading level at $370.99 during the session, while it also had its lowest trading level at $339.21.
Ratios:
For a deeper understanding of Molina Healthcare Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.53.
On March 06, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $437.
Wells Fargo Upgraded its Underweight to Equal Weight on February 15, 2024, whereas the target price for the stock was revised from $367 to $420.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 20 ’24 when Schapiro Richard M sold 1,000 shares for $401.05 per share. The transaction valued at 401,050 led to the insider holds 11,207 shares of the business.
WOLF DALE B sold 1,500 shares of MOH for $597,570 on Feb 15 ’24. The Director now owns 14,867 shares after completing the transaction at $398.38 per share. On Feb 15 ’24, another insider, ORLANDO STEVEN J, who serves as the Director of the company, sold 750 shares for $399.12 each. As a result, the insider received 299,340 and left with 18,701 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 20639072256 and an Enterprise Value of 14230700032. As of this moment, Molina’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.12, and their Forward P/E ratio for the next fiscal year is 13.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 4.55. Its current Enterprise Value per Revenue stands at 0.409 whereas that against EBITDA is 8.356.
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 $266.35. The 50-Day Moving Average of the stock is -10.14%, while the 200-Day Moving Average is calculated to be -0.62%.
Shares Statistics:
For the past three months, MOH has traded an average of 402.87K shares per day and 537050 over the past ten days. A total of 58.00M shares are outstanding, with a floating share count of 57.92M. Insiders hold about 1.13% of the company’s shares, while institutions hold 100.07% stake in the company. Shares short for MOH as of 1713139200 were 956074 with a Short Ratio of 2.37, compared to 1710460800 on 1427852. Therefore, it implies a Short% of Shares Outstanding of 956074 and a Short% of Float of 1.8599999999999999.
