Alert: Positive Investment/Fundamental Signals (8/7/24)-Molina Healthcare Inc. (NYSE: MOH)

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Molina Healthcare Inc. (NYSE: MOH) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, its longer term price trend turned up, and its shorter term price trend turned up.

Recent marginal positive changes in fundamentals have benefitted Molina Healthcare Inc. (NYSE: MOH): significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

MOH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Molina Healthcare has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Molina Healthcare has a neutral Appreciation Score of 44 but a poor Power Rating of 16, triggering the Negative Value Trend Rating.

Recent Price Action

Molina Healthcare Inc. (NYSE: MOH) stock closed at $334.60 on 8/7/24 after a modest decline of -1.2%. Trading volume in this decline was normal. The stock has been weak relative to the market over the last nine months and has declined -4.6% during the last week.

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