Molina Healthcare Inc. (NYSE: MOH) has reported earnings for its first fiscal quarter (ending March 31) of $5.17 versus $5.58 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $18.51 compared to $14.84 a year ago.
Recent Price Action
Molina Healthcare Inc. (NYSE: MOH) stock closed at $367.41 on 4/24/24 after an increase of 1.2%. Moreover, trading volume in this advance was above average at 123% of normal. The stock has risen 2.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MOH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Molina Healthcare has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Molina Healthcare has a neutral Appreciation Score of 42 but a very high Power Rating of 89, producing the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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