Molina Healthcare Inc (NYSE: MOH) May Be Attracting Institutional Investments

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. Recently, Yahoo Finance discussed the stock, revealing that Molina Healthcare Announces First Quarter 2024 Earnings Release and Conference Call Dates.

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Stocks Info

Molina Healthcare Inc is listed on the NYSE as a member of the Healthcare sector and is a part of the Healthcare Plans industry. At the end of the last regular session, the stock closed at $404.45 and fluctuated between $407.43 as its day high and $403.01 as its day low. The current market capitalization of Molina Healthcare Inc is $23.62B. A total of 0.54 million shares were traded on the day, compared to an average of 398.69K shares.

In the most recent transaction, Schapiro Richard M sold 1,000 shares of MOH for 401.05 per share on Feb 20 ’24. After the transaction, the Director now owns 11,207 company shares. In a previous transaction on Feb 15 ’24, WOLF DALE B sold 1,500 shares at 398.38 per share. MOH shares that Director owns now total 14,867.

Among the insiders who sold shares, ORLANDO STEVEN J disposed of 750 shares on Feb 15 ’24 at a per-share price of $399.12. This resulted in the Director holding 18,701 shares of MOH after the transaction. In another insider transaction, Bacon Debra sold 500 shares at $396.22 per share on Feb 14 ’24. Company shares held by the EVP, Medicaid now total 4,573.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, MOH has a high of $410.00 and a low of $257.87.

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 14 estimates, with a high estimate of $6.36 per share and a lower estimate of $5.21. 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

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MOH’s latest balance sheet shows that the firm has $7.64B in Cash & Short Term Investments as of fiscal 2021. There were $2.39B in debt and $7.05B in liabilities at the time. Its Book Value Per Share was $72.67, while its Total Shareholder’s Equity was $2.63B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 3.92.

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