Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, ModivCare Inc’s stock clocked out at $3.41, down -3.12% from its previous closing price of $3.52. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 2.26 million shares were traded. MODV stock price reached its highest trading level at $3.74 during the session, while it also had its lowest trading level at $3.41.
Ratios:
To gain a deeper understanding of MODV’s stock, we examine 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:
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 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 48946460 and an Enterprise Value of 1333756544. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02. Its current Enterprise Value per Revenue stands at 0.484 whereas that against EBITDA is 11.882.
Stock Price History:
The Beta on a monthly basis for MODV is 1.20, which has changed by -0.87398374 over the last 52 weeks, in comparison to a change of 0.12748289 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 $0.87. The 50-Day Moving Average of the stock is 75.06%, while the 200-Day Moving Average is calculated to be -58.48%.
Shares Statistics:
It appears that MODV traded 4.78M shares on average per day over the past three months and 1334510 shares per day over the past ten days. 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 90.86% stake in the company. Shares short for MODV as of 1749772800 were 2439082 with a Short Ratio of 0.51, compared to 1747267200 on 2493706. Therefore, it implies a Short% of Shares Outstanding of 2439082 and a Short% of Float of 40.26.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The dynamic stock of ModivCare Inc (MODV) is currently attracting attention from 3.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.38, with high estimates of $0.19 and low estimates of -$0.91.
Analysts are recommending an EPS of between -$1.09 and -$4.21 for the fiscal current year, implying an average EPS of -$2.79. EPS for the following year is -$1.02, with 3.0 analysts recommending between $1.02 and -$3.24.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $653.23M. 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 $663.12M. 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 3 analysts’ estimates, the company’s revenue will be $2.77B in the next fiscal year. The high estimate is $2.81B and the low estimate is $2.72B.
