Alert: Major Price Decline (10/17/24)-Molina Healthcare Inc. (NYSE: MOH).

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Molina Healthcare Inc. (NYSE: MOH) stock closed at $289.46 on 10/17/24 after a major decline of -12.5%. Moreover, trading volume in this decline was exceptionally high at 488% of normal. The stock has declined -12.4% during the last week and has been weak relative to the market over the last nine months.

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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 C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Molina Healthcare has a neutral Power Rating of 50 and a neutral Appreciation Score of 52, leading to the Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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