Molina Healthcare Inc (MOH) : Zacks Investment Research ranks Molina Healthcare Inc (MOH) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.3, which indicates as a Buy.
Molina Healthcare Inc (MOH) : The most positive equity analysts on Molina Healthcare Inc (MOH) expects the shares to touch $75, whereas, the least positive believes that the stock will trade at $50 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $61.38 with an expected fluctuation of $8.14 from the mean.
Molina Healthcare, Inc. has dropped 2.07% in the last five trading days, however, the shares have posted positive gains of 6.42% in the last 4 weeks. Molina Healthcare, Inc. is up 19.29% in the last 3-month period. Year-to-Date the stock performance stands at -6.52%. Molina Healthcare Inc (NYSE:MOH): stock turned positive on Tuesday. Though the stock opened at $56.17, the bulls momentum made the stock top out at $56.68 level for the day. The stock recorded a low of $55.9 and closed the trading day at $56.21, in the green by 0.07%. The total traded volume for the day was 442,086. The stock had closed at $56.17 in the previous days trading.
Molina Healthcare, Inc. provides health care to those receiving Government assistance. The Company offers Medicaid-related solutions for low-income families and individuals, and assists state agencies in their administration of the Medicaid program. The Company operates through two segments: Health Plans segment and Molina Medicaid Solutions segment. The Companys Health Plans segment consists of health plans in around 11 states, and includes its direct delivery business. The Companys direct delivery business consists primarily of the management of a hospital in southern California, and the operation of primary care clinics in several states in which the Company operates. The Companys Molina Medicaid Solutions segment provides business processing and information technology development, and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, West Virginia, and the United States Virgin Islands, and drug rebate administration services in Florida.