Molina Healthcare (MOH) Getting Somewhat Favorable News Coverage, Analysis Finds
News coverage about Molina Healthcare (NYSE:MOH) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Molina Healthcare earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.3501232926576 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Catamaran (CTRX) vs. Molina Healthcare (MOH) Head-To-Head Review (americanbankingnews.com)
- Coventry Health Care (CVH) and Molina Healthcare (MOH) Head-To-Head Contrast (americanbankingnews.com)
- Molina Healthcare Scores Relative Strength Rating Upgrade (finance.yahoo.com)
- Molina Healthcare, Inc. (MOH) Director John C. Molina Sells 19,938 Shares (americanbankingnews.com)
- Financial Comparison: Coventry Health Care (CVH) and Molina Healthcare (MOH) (americanbankingnews.com)
A number of research firms have issued reports on MOH. ValuEngine downgraded Molina Healthcare from a “buy” rating to a “hold” rating in a research note on Friday. Deutsche Bank restated a “hold” rating and set a $72.00 price target on shares of Molina Healthcare in a research note on Wednesday, August 9th. Zacks Investment Research upgraded Molina Healthcare from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. TheStreet downgraded Molina Healthcare from a “b” rating to a “c” rating in a research note on Monday, August 7th. Finally, Mitsubishi UFJ Financial Group began coverage on Molina Healthcare in a research note on Thursday, September 21st. They set a “neutral” rating and a $70.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $64.30.
Molina Healthcare (MOH) opened at $78.11 on Friday. The stock has a market capitalization of $4,467.03, a P/E ratio of 24.30 and a beta of 0.97. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.29 and a current ratio of 1.29. Molina Healthcare has a 52 week low of $42.56 and a 52 week high of $80.65.
Molina Healthcare (NYSE:MOH) last announced its quarterly earnings data on Thursday, November 2nd. The company reported ($1.62) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.23 by ($1.85). The company had revenue of $5.03 billion for the quarter, compared to the consensus estimate of $4.95 billion. Molina Healthcare had a negative net margin of 1.76% and a positive return on equity of 17.76%. The company’s revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.85 earnings per share. research analysts predict that Molina Healthcare will post -3.88 earnings per share for the current year.
In related news, insider William Dentino sold 66,000 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of $64.87, for a total value of $4,281,420.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Terry Bayer sold 9,077 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $77.45, for a total value of $703,013.65. Following the completion of the transaction, the chief operating officer now directly owns 74,478 shares in the company, valued at $5,768,321.10. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 475,523 shares of company stock valued at $32,710,622. 6.20% of the stock is currently owned by corporate insiders.
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Molina Healthcare Company Profile
Molina Healthcare, Inc offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Company operates through three segments: Health Plans, Molina Medicaid Solutions and Other, which includes its Pathways Health and Community Support LLC (Pathways) business.
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