Press coverage about Molina Healthcare (NYSE:MOH) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Molina Healthcare earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.7099779082899 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Hussman Strategic Advisors INC Lifted Stake in Molina Healthcare INC (MOH) as Stock Price Rose (thecasualsmart.com)
- Buzzer to Observe: Molina Healthcare, Inc. (MOH) (thestocksnews.com)
- 3 Medical ETFs & Stocks Prescribed on Health Day (nasdaq.com)
- Molina Healthcare INC (MOH) Shareholder Hussman Strategic Advisors INC Has Increased Holding (styleonfleek365.com)
- Check These 3 Health Insurers to Reap High Returns in Q2 (finance.yahoo.com)
Several research firms have recently weighed in on MOH. Leerink Swann increased their price objective on shares of Molina Healthcare from $100.00 to $110.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 28th. ValuEngine upgraded shares of Molina Healthcare from a “hold” rating to a “buy” rating in a research report on Friday, March 2nd. Morgan Stanley decreased their price objective on shares of Molina Healthcare from $94.00 to $91.00 and set an “overweight” rating for the company in a research report on Wednesday, February 14th. BMO Capital Markets decreased their price objective on shares of Molina Healthcare from $98.00 to $85.00 and set a “market perform” rating for the company in a research report on Wednesday, February 14th. Finally, Jefferies Group reiterated a “hold” rating and set a $80.00 price objective on shares of Molina Healthcare in a research report on Wednesday, February 14th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $78.86.
Molina Healthcare (NYSE:MOH) last issued its earnings results on Monday, February 12th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.11. The business had revenue of $4.95 billion for the quarter, compared to analyst estimates of $4.96 billion. Molina Healthcare had a negative net margin of 2.58% and a positive return on equity of 17.64%. equities research analysts predict that Molina Healthcare will post 3.68 earnings per share for the current fiscal year.
In related news, insider William Dentino sold 22,500 shares of the stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $84.88, for a total transaction of $1,909,800.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John C. Molina sold 62,420 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $72.13, for a total transaction of $4,502,354.60. Following the transaction, the director now directly owns 393,410 shares in the company, valued at $28,376,663.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 320,774 shares of company stock worth $27,139,268. 0.65% of the stock is owned by insiders.
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Molina Healthcare Company Profile
Molina Healthcare, Inc provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program in the United States. It operates through three segments: Health Plans, Molina Medicaid Solutions, and Other.
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