Molina Healthcare (MOH) to Release Earnings on Wednesday

Molina Healthcare (NYSE:MOH) is expected to be releasing its earnings data after the market closes on Wednesday, February 5th. Analysts expect Molina Healthcare to post earnings of $5.74 per share and revenue of $10.32 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Molina Healthcare Stock Up 4.9 %

MOH opened at $325.63 on Tuesday. The stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 16.54, a price-to-earnings-growth ratio of 0.96 and a beta of 0.54. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.54 and a quick ratio of 1.55. The business has a 50-day moving average of $297.99 and a two-hundred day moving average of $318.20. Molina Healthcare has a 12 month low of $272.69 and a 12 month high of $423.92.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MOH shares. Wells Fargo & Company lifted their price target on shares of Molina Healthcare from $360.00 to $362.00 and gave the company an “equal weight” rating in a research report on Monday, November 4th. StockNews.com upgraded Molina Healthcare from a “buy” rating to a “strong-buy” rating in a research note on Friday. Truist Financial lowered their target price on shares of Molina Healthcare from $400.00 to $370.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $350.00 price target (down previously from $378.00) on shares of Molina Healthcare in a report on Tuesday, December 17th. Finally, Barclays upped their price objective on shares of Molina Healthcare from $359.00 to $372.00 and gave the company an “equal weight” rating in a research note on Friday, October 25th. One analyst has rated the stock with a sell rating, six have given a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $359.18.

Molina Healthcare Company Profile

Molina Healthcare, Inc provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. It operates in four segments: Medicaid, Medicare, Marketplace, and Other. The company served in across 19 states. The company was founded in 1980 and is headquartered in Long Beach, California.