Brokerages Set Molina Healthcare, Inc (NYSE:MOH) Price Target at $184.81

Molina Healthcare, Inc (NYSE:MOH) has been assigned an average rating of “Hold” from the seventeen analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $184.8125.

MOH has been the subject of a number of recent research reports. Truist Financial raised their target price on Molina Healthcare from $180.00 to $205.00 and gave the stock a “hold” rating in a research note on Monday, May 11th. Barclays boosted their price target on shares of Molina Healthcare from $161.00 to $199.00 and gave the company an “underweight” rating in a research report on Tuesday, May 26th. Wall Street Zen raised shares of Molina Healthcare from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Zacks Research upgraded shares of Molina Healthcare from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, UBS Group lifted their target price on shares of Molina Healthcare from $180.00 to $202.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd.

Insider Activity

In other Molina Healthcare news, insider Jeff D. Barlow sold 17,811 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $186.12, for a total transaction of $3,314,983.32. Following the transaction, the insider directly owned 67,175 shares in the company, valued at $12,502,611. This represents a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Maurice Hebert sold 600 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $191.55, for a total value of $114,930.00. Following the transaction, the chief accounting officer owned 12,815 shares of the company’s stock, valued at approximately $2,454,713.25. This represents a 4.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.44% of the company’s stock.

Hedge Funds Weigh In On Molina Healthcare

Several hedge funds have recently bought and sold shares of the company. Baird Financial Group Inc. acquired a new stake in shares of Molina Healthcare during the first quarter worth about $210,000. NewEdge Advisors LLC grew its holdings in shares of Molina Healthcare by 33.4% in the first quarter. NewEdge Advisors LLC now owns 1,106 shares of the company’s stock valued at $364,000 after purchasing an additional 277 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Molina Healthcare by 713.3% during the 1st 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. increased its stake in Molina Healthcare by 19.4% during 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 period. Finally, Woodline Partners LP purchased a new stake in Molina Healthcare during the 1st quarter worth approximately $1,541,000. Institutional investors and hedge funds own 98.50% of the company’s stock.

Molina Healthcare Price Performance

MOH stock opened at $229.19 on Monday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 1.63. The business has a 50 day simple moving average of $194.39 and a 200-day simple moving average of $170.74. The firm has a market capitalization of $11.94 billion, a PE ratio of 67.81 and a beta of 0.74. Molina Healthcare has a 1 year low of $121.06 and a 1 year high of $242.56.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. The firm had revenue of $10.80 billion for the quarter, compared to the consensus estimate of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The firm’s revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $6.08 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. Equities research analysts anticipate that Molina Healthcare will post 5.23 earnings per share for the current fiscal year.

About Molina Healthcare

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.