Analysts Point To Molina Healthcare Inc. (NYSE: MOH) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Volume reached 4,852 shares, with price reaching a high of $323.32 and a low of $323.32. Recently, Yahoo Finance discussed the stock, revealing that Molina Healthcare Reports Second Quarter 2022 Financial Results.

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Stocks Info

As a NYSE listed company, MOH falls under the Healthcare sector while operating within the Healthcare Plans industry segment. At the end of the last regular session, the stock closed at $323.32 and fluctuated between $328.38 as its day high and $321.51 as its day low. The current market capitalization of Molina Healthcare Inc. is $17.50B. A total of 0.37 million shares were traded on the day, compared to an average of 421.11K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MOH has seen 11 BUY and 1 SELL insider trades, representing the acquisition of 3,708 and the disposition of 200 shares. Over the last 12 months, there were 47 BUYs and 24 SELLs from insiders. Insiders purchased 216,396 shares during that period but sold 122,394.

In the most recent transaction, WOYS JAMES sold 25,000 shares of MOH for 328.11 per share on Aug 03. After the transaction, the EVP, Health Plan Services now owns 37,810 company shares. In a previous transaction on Aug 02, WOLF DALE B sold 2,000 shares at 327.99 per share. MOH shares that Director owns now total 11,824.

Among the insiders who sold shares, ROMNEY RONNA disposed of 200 shares on May 06 at a per-share price of $307.94. This resulted in the Director holding 16,657 shares of MOH after the transaction. In another insider transaction, ROMNEY RONNA sold 200 shares at $314.36 per share on Mar 15. Company shares held by the Director now total 16,695.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MOH in the last 3 months, the mean price target is $343.18 with high estimates of $390.00 and low estimates of $200.00. In terms of 52-week highs and lows, MOH has a high of $350.19 and a low of $244.75.

As of this writing, MOH has an earnings estimate of $4.29 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $4.61 per share and a lower estimate of $4.04. The company reported an EPS of $4.55 in the last quarter, which was 4.84% higher than expectations of $4.34.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 18 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MOH is Underweight with a score of 3.55. A total of 7 analysts rated the stock as Buy while 2 rated it as Overweight while 7 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 1 thought it should be Sold.

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