Alert: New Earnings Report (10/23/24)-Molina Healthcare Inc. (NYSE: MOH).

out_logo_500#38070.jpg

For its third fiscal quarter (ending September 30), Molina Healthcare Inc. (NYSE: MOH) has reported E.P.S. of $5.65 compared to $4.24 a year ago. For the latest four quarters through September 30, E.P.S. were $19.70 compared to $16.15 a year ago.

Recent Price Action

out_mm#38070.jpg
On 10/23/24, Molina Healthcare Inc. (NYSE: MOH) stock declined by -3.2%, closing at $275.00. Moreover, exceptionally high trading volume at 304% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -14.8% during the last week.

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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Molina Healthcare has a neutral Appreciation Score of 58 and a neutral Power Rating of 50, and the Neutral Value Trend Rating results.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*