Molina Healthcare, Inc. (NYSE:MOH) – Jefferies Financial Group lifted their Q1 2019 earnings estimates for Molina Healthcare in a note issued to investors on Tuesday, February 12th. Jefferies Financial Group analyst D. Windley now forecasts that the company will post earnings per share of $2.61 for the quarter, up from their prior estimate of $2.47. Jefferies Financial Group currently has a “Buy” rating and a $169.00 target price on the stock. Jefferies Financial Group also issued estimates for Molina Healthcare’s Q2 2019 earnings at $2.44 EPS, Q3 2019 earnings at $2.65 EPS, Q4 2019 earnings at $2.20 EPS, FY2019 earnings at $9.90 EPS and FY2020 earnings at $10.68 EPS.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Monday, February 11th. The company reported $3.88 earnings per share for the quarter, beating the consensus estimate of $1.52 by $2.36. Molina Healthcare had a net margin of 3.74% and a return on equity of 45.70%. The firm had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.56 billion.

Several other research analysts also recently weighed in on MOH. Morgan Stanley boosted their target price on shares of Molina Healthcare from $180.00 to $192.00 and gave the company an “overweight” rating in a research note on Wednesday. Zacks Investment Research raised shares of Molina Healthcare from a “hold” rating to a “strong-buy” rating and set a $155.00 target price for the company in a research note on Tuesday, October 23rd. ValuEngine downgraded shares of Molina Healthcare from a “hold” rating to a “sell” rating in a research note on Friday, December 21st. Mitsubishi UFJ Financial Group raised shares of Molina Healthcare from a “neutral” rating to an “overweight” rating in a research note on Tuesday, January 8th. Finally, Wolfe Research downgraded shares of Molina Healthcare from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $141.77.

Shares of MOH stock opened at $135.34 on Thursday. Molina Healthcare has a twelve month low of $71.07 and a twelve month high of $154.06. The stock has a market capitalization of $8.55 billion, a P/E ratio of 12.21, a PEG ratio of 1.14 and a beta of 1.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.52 and a quick ratio of 1.40.

In other Molina Healthcare news, Director Ronna Romney sold 200 shares of Molina Healthcare stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $141.23, for a total value of $28,246.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Charles Z. Fedak sold 3,795 shares of Molina Healthcare stock in a transaction dated Monday, November 19th. The shares were sold at an average price of $120.74, for a total value of $458,208.30. Following the completion of the sale, the director now owns 18,464 shares of the company’s stock, valued at approximately $2,229,343.36. The disclosure for this sale can be found here. Insiders sold a total of 4,395 shares of company stock valued at $535,910 in the last 90 days. 0.65% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of MOH. Oregon Public Employees Retirement Fund grew its holdings in Molina Healthcare by 15,114.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,861,453 shares of the company’s stock valued at $25,000 after buying an additional 2,842,645 shares during the period. Financial Gravity Companies Inc. purchased a new stake in shares of Molina Healthcare during the 4th quarter worth about $51,000. Cypress Capital Management LLC WY grew its holdings in shares of Molina Healthcare by 82.4% during the 4th quarter. Cypress Capital Management LLC WY now owns 602 shares of the company’s stock worth $70,000 after purchasing an additional 272 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Molina Healthcare during the 4th quarter worth about $103,000. Finally, MERIAN GLOBAL INVESTORS UK Ltd purchased a new stake in shares of Molina Healthcare during the 4th quarter worth about $139,000.

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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Earnings History and Estimates for Molina Healthcare (NYSE:MOH)

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