Shares of Molina Healthcare have moved 1.2% today, and are now trading at a price of $367.72. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 274,682 compared to the stock's average volume of 365,419.
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. Based in Long Beach, United States the company has 15,000 full time employees and a market cap of $21,438,076,928.
The company is now trading 1.15% away from its average analyst target price of $363.54 per share. The 13 analysts following the stock have set target prices ranging from $315.0 to $417.0, and on average give Molina Healthcare a rating of hold.
Over the last 52 weeks, MOH stock has risen 8.0%, which amounts to a -10.0% difference compared to the S&P 500. The stock's 52 week high is $372.0 whereas its 52 week low is $256.19 per share. With its net margins declining an average -5.8% over the last 6 years, Molina Healthcare may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 33,247,000 | 931,000 | 3 | 50.0 |
| 2022 | 31,974,000 | 792,000 | 2 | 0.0 |
| 2021 | 27,771,000 | 659,000 | 2 | -33.33 |
| 2020 | 19,423,000 | 673,000 | 3 | -25.0 |
| 2019 | 16,829,000 | 737,000 | 4 | 0.0 |
| 2018 | 18,890,000 | 707,000 | 4 |
