Molina Healthcare (NYSE:MOH) Updates FY 2029 Earnings Guidance

Molina Healthcare (NYSE:MOH) updated its FY 2029 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 25.000-25.000 for the period, compared to the consensus estimate of 28.930. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

MOH has been the topic of a number of recent analyst reports. The Goldman Sachs Group lowered their price objective on Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Morgan Stanley upped their price target on Molina Healthcare from $128.00 to $146.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Sanford C. Bernstein reissued an “outperform” rating on shares of Molina Healthcare in a report on Friday, March 13th. Cantor Fitzgerald reduced their price objective on shares of Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a research report on Monday, February 9th. Finally, UBS Group increased their target price on shares of Molina Healthcare from $151.00 to $180.00 and gave the company a “neutral” rating in a research report on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $169.60.

Molina Healthcare Price Performance

Shares of Molina Healthcare stock traded down $4.16 during trading on Friday, reaching $187.69. The company’s stock had a trading volume of 1,091,893 shares, compared to its average volume of 1,723,956. The company has a market capitalization of $9.78 billion, a P/E ratio of 55.67 and a beta of 0.85. Molina Healthcare has a 12-month low of $121.06 and a 12-month high of $333.00. The business has a 50 day moving average price of $152.32 and a 200-day moving average price of $158.52. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.97.

Molina Healthcare (NYSE:MOH) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.78. The firm had revenue of $10.80 billion during the quarter, compared to analysts’ expectations of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.Molina Healthcare’s revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, sell-side analysts anticipate that Molina Healthcare will post 5.21 EPS for the current year.

Hedge Funds Weigh In On Molina Healthcare

Institutional investors have recently modified their holdings of the company. Baird Financial Group Inc. purchased a new stake in shares of Molina Healthcare in the first quarter valued at $210,000. NewEdge Advisors LLC lifted its position in Molina Healthcare by 33.4% during the first quarter. NewEdge Advisors LLC now owns 1,106 shares of the company’s stock worth $364,000 after buying an additional 277 shares during the period. Jones Financial Companies Lllp lifted its position in Molina Healthcare by 713.3% during the first quarter. Jones Financial Companies Lllp now owns 1,651 shares of the company’s stock worth $544,000 after buying an additional 1,448 shares during the period. Goldman Sachs Group Inc. boosted its stake in Molina Healthcare by 19.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 249,466 shares of the company’s stock worth $82,172,000 after buying an additional 40,531 shares during the last quarter. Finally, Woodline Partners LP purchased a new stake in Molina Healthcare in the 1st quarter valued at about $1,541,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Molina Healthcare Company Profile

Molina Healthcare, Inc is a managed care company specializing in government-sponsored health insurance programs. The company offers Medicaid managed care plans, Medicare Advantage and prescription drug plans, and individual Marketplace plans under the Affordable Care Act. Through an integrated care model, Molina emphasizes preventive and primary care services, care coordination, and disease management to improve health outcomes for its members.

The company traces its roots to the early 1980s, when Dr.