Investing In Molina Healthcare Inc (NYSE: MOH): Why Should You?

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed Molina Healthcare Reports Fourth Quarter and Year-End 2023 Financial Results.

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Stocks Info

The company is listed on the NYSE and operates within the Healthcare Plans industry segment. At the end of the last regular session, the stock closed at $401.72 and fluctuated between $404.86 as its day high and $397.95 as its day low. The current market capitalization of Molina Healthcare Inc is $23.46B. A total of 0.24 million shares were traded on the day, compared to an average of 392.41K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MOH has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 39 BUYs and 21 SELLs from insiders. Insiders purchased 296,320 shares during that period but sold 162,296.

In the most recent transaction, WOLF DALE B sold 1,500 shares of MOH for 398.38 per share on Feb 15. After the transaction, the Director now owns 14,867 company shares. In a previous transaction on Feb 15, ORLANDO STEVEN J sold 750 shares at 399.12 per share. MOH shares that Director owns now total 18,701.

Among the insiders who sold shares, Bacon Debra disposed of 500 shares on Feb 14 at a per-share price of $396.22. This resulted in the EVP, Medicaid holding 4,573 shares of MOH after the transaction. In another insider transaction, Keim Mark Lowell sold 15,000 shares at $386.56 per share on Feb 12. Company shares held by the Chief Financial Officer now total 36,531.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MOH in the last 3 months, the mean price target is $412.23 with high estimates of $474.00 and low estimates of $357.00. In terms of 52-week highs and lows, MOH has a high of $403.44 and a low of $256.19.

As of this writing, MOH has an earnings estimate of $5.62 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $6.39 per share and a lower estimate of $5.07. The company reported an EPS of $5.05 in the last quarter, which was 3.50% higher than expectations of $4.88.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 3.83.

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