Molina Healthcare (NYSE:MOH – Get Free Report) updated its FY 2029 earnings guidance on Friday. The company provided EPS guidance of 25.000-25.000 for the period, compared to the consensus EPS estimate of 28.930. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of research firms recently weighed in on MOH. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $129.00 price target on shares of Molina Healthcare in a research note on Friday, April 24th. Weiss Ratings reissued a “sell (d+)” rating on shares of Molina Healthcare in a report on Tuesday, April 21st. Morgan Stanley boosted their price objective on Molina Healthcare from $128.00 to $146.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. Wall Street Zen raised Molina Healthcare from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Molina Healthcare in a report on Friday, March 13th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $169.60.
Read Our Latest Research Report on Molina Healthcare
Molina Healthcare Stock Performance
Molina Healthcare (NYSE:MOH – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. The firm had revenue of $10.80 billion during the quarter, compared to analyst estimates of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities analysts forecast that Molina Healthcare will post 5.21 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Molina Healthcare
Institutional investors have recently modified their holdings of the business. Sivia Capital Partners LLC grew its holdings in shares of Molina Healthcare by 165.8% in the second quarter. Sivia Capital Partners LLC now owns 1,935 shares of the company’s stock valued at $576,000 after acquiring an additional 1,207 shares in the last quarter. Vontobel Holding Ltd. grew its holdings in shares of Molina Healthcare by 27.5% in the fourth quarter. Vontobel Holding Ltd. now owns 1,947 shares of the company’s stock valued at $338,000 after acquiring an additional 420 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of Molina Healthcare by 44.2% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,462 shares of the company’s stock valued at $280,000 after acquiring an additional 448 shares in the last quarter. United Capital Financial Advisors LLC grew its holdings in shares of Molina Healthcare by 42.9% in the third quarter. United Capital Financial Advisors LLC now owns 1,448 shares of the company’s stock valued at $277,000 after acquiring an additional 435 shares in the last quarter. Finally, Beacon Pointe Advisors LLC grew its holdings in shares of Molina Healthcare by 9.9% in the fourth quarter. Beacon Pointe Advisors LLC now owns 1,416 shares of the company’s stock valued at $246,000 after acquiring an additional 128 shares in the last quarter. 98.50% of the stock is owned by institutional investors.
Molina Healthcare Company Profile
Molina Healthcare, Inc is a managed care company specializing in government-sponsored health insurance programs. The company offers Medicaid managed care plans, Medicare Advantage and prescription drug plans, and individual Marketplace plans under the Affordable Care Act. Through an integrated care model, Molina emphasizes preventive and primary care services, care coordination, and disease management to improve health outcomes for its members.
The company traces its roots to the early 1980s, when Dr.
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