Molina Healthcare Stock Today

MOH Stock  USD 410.83  7.77  1.86%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 10

 
100  
 
Zero
Low
Molina Healthcare is trading at 410.83 as of the 29th of March 2024. This is a -1.86 percent down since the beginning of the trading day. The stock's open price was 418.6. Molina Healthcare has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Molina Healthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
2nd of July 2003
Category
Healthcare
Classification
Health Care
Molina Healthcare, Inc. provides managed health care services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. The company was founded in 1980 and is headquartered in Long Beach, California. The company has 58.58 M outstanding shares of which 1.43 M shares are now shorted by investors with about 3.87 days to cover. More on Molina Healthcare

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Molina Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Molina Healthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Molina Healthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJoseph Zubretsky
Thematic IdeaObamacare (View all Themes)
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP 500 Index, Obamacare, Health Care, Health Care Providers & Services, Healthcare Plans, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Molina Healthcare report their recommendations after researching Molina Healthcare's financial statements, talking to executives and customers, or listening in on Molina Healthcare's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Molina Healthcare. The Molina consensus assessment is calculated by taking the average forecast from all of the analysts covering Molina Healthcare.
Molina Healthcare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Molina Healthcare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Molina Healthcare's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Molina Healthcare's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Molina Healthcare's financial leverage. It provides some insight into what part of Molina Healthcare's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Molina Healthcare's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Molina Healthcare deploys its capital and how much of that capital is borrowed.
Liquidity
Molina Healthcare cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.38 B in debt with debt to equity (D/E) ratio of 0.79, which is OK given its current industry classification. Molina Healthcare has a current ratio of 1.42, which is typical for the industry and considered as normal. Debt can assist Molina Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Molina Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Molina Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Molina to invest in growth at high rates of return. When we think about Molina Healthcare's use of debt, we should always consider it together with cash and equity.

Net Income

1.15 Billion
Molina Healthcare (MOH) is traded on New York Stock Exchange in USA. It is located in 200 Oceangate, Long Beach, CA, United States, 90802 and employs 18,000 people. Molina Healthcare is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 24.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Molina Healthcare's market, we take the total number of its shares issued and multiply it by Molina Healthcare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Molina Healthcare runs under Health Care Providers & Services sector within Health Care industry. The entity has 58.58 M outstanding shares of which 1.43 M shares are now shorted by investors with about 3.87 days to cover. Molina Healthcare has about 4.01 B in cash with 1.66 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 135.88.
Check Molina Healthcare Probability Of Bankruptcy
Ownership Allocation
Molina Healthcare holds a total of 58.58 Million outstanding shares. The majority of Molina Healthcare outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Molina Healthcare to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Molina Healthcare. Please pay attention to any change in the institutional holdings of Molina Healthcare as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Molina Ownership Details

Molina Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Molina Healthcare jumping above the current price in 90 days from now is about 10.86%. The Molina Healthcare probability density function shows the probability of Molina Healthcare stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Molina Healthcare has a beta of -0.3224. This indicates as returns on benchmark increase, returns on holding Molina Healthcare are expected to decrease at a much lower rate. During the bear market, however, Molina Healthcare is likely to outperform the market. Additionally, molina Healthcare has an alpha of 0.2473, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 410.83HorizonTargetOdds Above 410.83
89.03%90 days
 410.83 
10.86%
Based on a normal probability distribution, the odds of Molina Healthcare to move above the current price in 90 days from now is about 10.86 (This Molina Healthcare probability density function shows the probability of Molina Stock to fall within a particular range of prices over 90 days) .

Molina Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Molina Healthcare that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Molina Healthcare's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Molina Healthcare's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-09-30
1.3 M
Amvescap Plc.2023-09-30
1.2 M
Boston Partners Global Investors, Inc2023-09-30
908.1 K
Renaissance Technologies Corp2023-09-30
858.2 K
Northern Trust Corp2023-09-30
604.4 K
Morgan Stanley - Brokerage Accounts2023-09-30
488 K
Lord, Abbett & Co Llc2023-09-30
470.4 K
Bank Of New York Mellon Corp2023-09-30
447.8 K
Victory Capital Management Inc.2023-09-30
423.4 K
Vanguard Group Inc2023-09-30
6.6 M
Capital World Investors2023-09-30
5.5 M
View Molina Healthcare Diagnostics

Molina Healthcare Historical Income Statement

Molina Healthcare Income Statement is one of the three primary financial statements used for reporting Molina's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Molina Healthcare revenue and expense. Molina Healthcare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Molina Healthcare's Other Operating Expenses is increasing as compared to previous years. The Molina Healthcare's current Operating Income is estimated to increase to about 1.7 B, while Depreciation And Amortization is projected to decrease to under 90.8 M. View More Fundamentals

Molina Stock Against Markets

Picking the right benchmark for Molina Healthcare stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Molina Healthcare stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Molina Healthcare is critical whether you are bullish or bearish towards Molina Healthcare at a given time. Please also check how Molina Healthcare's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Molina Healthcare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Molina Healthcare Corporate Directors

Molina Healthcare corporate directors refer to members of a Molina Healthcare board of directors. The board of directors generally takes responsibility for the Molina Healthcare's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Molina Healthcare's board members must vote for the resolution. The Molina Healthcare board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Steven JamesNon-Executive Independent DirectorProfile
Charles FedakIndependent DirectorProfile
Garrey CarruthersIndependent DirectorProfile
Richard ZoreticIndependent DirectorProfile

How to buy Molina Stock?

Before investing in Molina Healthcare, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Molina Healthcare. To buy Molina Healthcare stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Molina Healthcare. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Molina Healthcare stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Molina Healthcare stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Molina Healthcare stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Molina Healthcare, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Molina Stock please use our How to Invest in Molina Healthcare guide.

Already Invested in Molina Healthcare?

The danger of trading Molina Healthcare is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Molina Healthcare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Molina Healthcare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Molina Healthcare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Molina Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Molina Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Molina Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Molina Healthcare Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Molina Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For more detail on how to invest in Molina Stock please use our How to Invest in Molina Healthcare guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Molina Healthcare's price analysis, check to measure Molina Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Molina Healthcare is operating at the current time. Most of Molina Healthcare's value examination focuses on studying past and present price action to predict the probability of Molina Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Molina Healthcare's price. Additionally, you may evaluate how the addition of Molina Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Molina Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Molina Healthcare. If investors know Molina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Molina Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.842
Earnings Share
18.75
Revenue Per Share
571.976
Quarterly Revenue Growth
0.063
Return On Assets
0.0743
The market value of Molina Healthcare is measured differently than its book value, which is the value of Molina that is recorded on the company's balance sheet. Investors also form their own opinion of Molina Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Molina Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Molina Healthcare's market value can be influenced by many factors that don't directly affect Molina Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Molina Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Molina Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molina Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.