Molina Healthcare (NYSE:MOH) Upgraded at Bank of America

Bank of America upgraded shares of Molina Healthcare (NYSE:MOH) from an underperform rating to a buy rating in a report issued on Wednesday, MarketBeat.com reports. They currently have $250.00 price target on the stock.

Other equities analysts have also issued research reports about the company. The Goldman Sachs Group lowered their price objective on Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Morgan Stanley upped their target price on shares of Molina Healthcare from $128.00 to $146.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Truist Financial increased their price target on shares of Molina Healthcare from $145.00 to $180.00 and gave the stock a “hold” rating in a research note on Monday, April 27th. Sanford C. Bernstein reissued an “outperform” rating on shares of Molina Healthcare in a research report on Friday, March 13th. Finally, TD Cowen dropped their price objective on shares of Molina Healthcare from $175.00 to $144.00 and set a “hold” rating on the stock in a research note on Monday, February 9th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $169.60.

Molina Healthcare Stock Performance

Shares of MOH opened at $192.74 on Wednesday. The company has a 50-day simple moving average of $149.82 and a two-hundred day simple moving average of $158.97. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a market capitalization of $10.04 billion, a PE ratio of 57.02, a price-to-earnings-growth ratio of 1.92 and a beta of 0.84. Molina Healthcare has a one year low of $121.06 and a one year high of $333.00.

Molina Healthcare (NYSE:MOH) last posted its earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. The firm had revenue of $10.80 billion for the quarter, compared to the consensus estimate of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, analysts anticipate that Molina Healthcare will post 5.21 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. ARGA Investment Management LP boosted its position in shares of Molina Healthcare by 1.4% during the first quarter. ARGA Investment Management LP now owns 4,166 shares of the company’s stock valued at $555,000 after buying an additional 59 shares during the last quarter. Blue Trust Inc. raised its position in Molina Healthcare by 23.8% in the 4th quarter. Blue Trust Inc. now owns 322 shares of the company’s stock worth $56,000 after buying an additional 62 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in Molina Healthcare by 0.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 22,737 shares of the company’s stock valued at $4,351,000 after acquiring an additional 66 shares during the period. Applied Finance Capital Management LLC lifted its stake in Molina Healthcare by 5.7% during the 3rd quarter. Applied Finance Capital Management LLC now owns 1,408 shares of the company’s stock valued at $269,000 after acquiring an additional 76 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of Molina Healthcare by 64.5% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 232 shares of the company’s stock valued at $40,000 after acquiring an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

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.