Molina Healthcare Inc. (NYSE:MOH) went up by 1.64% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Healthcare Plans giant went up by $182.05 to trade ended Thursday trading at $179.12. This is up from the $179.12 price recorded on Wednesday’s trading session. Thanks to this latest performance, MOH is closer to the higher price 52-week target of $229.00 and further from the lowest price target of $140.00. Its performance from the start of the year has also been positive, with MOH up by 34.17% year-to-date.
Molina Healthcare Inc. (MOH) started the day trading at $180.17 and recorded an intraday high of $183.73. It also recorded an intraday low of $180.17 during Thursday’s trading session. Molina Healthcare Inc. is a very active stock that recorded a trading volume that is more than 22.26% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 920159, which is more than 22.26 of the total average daily trading volume of 715.37K.
Molina Healthcare Inc. (NYSE:MOH) 2020 Performance Impressive
The increase in MOH’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of MOH currently stands at $196.52, which is higher than the current trading price of the stock by 7.36%. However, MOH’s current trading price is -77.01% lower than the 52-week low price of $102.85. In terms of trading volume, Molina Healthcare Inc. currently experienced healthy participation during the last trading session. 920159 shares of Molina Healthcare Inc. were traded on the stock exchange on Thursday, which is more than 22.26% of the 715.37K average trading volume of the stock.
The performance of the stock has been positive over the past year. MOH’s performance over the past one year has seen it surge by 27.73%, while the stock has gone up by 36.50% in the last six months. The quarterly performance of MOH currently stands at 36.39%, and it is up by 1.62% in the last month. The only positive figure was from the weekly performance, which currently reads 4.19%. At the time of writing MOH’s report, the company has a total market cap of $10.60B, making it one of the largest publicly-traded companies in the world.Molina Healthcare Inc. also has over 10000 employees all over the world.
MOH Insider Activities
The insider transactions over the past six months are up by 29.90%.For Molina Healthcare Inc. insiders bought 95,634 shares in 26 transactions. In that same period, insiders sold 36,690 of their shares in 16 transactions. After these transactions, insiders at Molina Healthcare Inc. now hold 393.68k shares, which is over 107.43% of the total company stocks. Institutional investors currently hold a large chunk of the MOH shares, as they control 0.67% of the company’s total stock.
MOH Fundamental Analysis
For Molina Healthcare Inc., the stock’s diluted earnings per share (EPS) stands at 11.43. In the coming year, analysts expect the EPS to be 13.17. The EPS growth will up over the next five years to 9.00% after surging by 54.80% in the previous five years. In terms of revenue, Molina Healthcare Inc.’s quarterly sales (YOY) is growing at 4.21, which is lower than the average annual revenue of 54.80% over the past half a decade.
The Return on Investment (ROI) on Molina Healthcare Inc.’s stock currently stands at 23.90%, and it has a net profit margin of 4.20%. The operating margin of the company is 6.10%, and its gross margin is 17.40%.
MOH Analysts Prediction
Another analyst that has a Overweight rating for MOH is Stephens, which set a price target of between $145 and $188. BofA/Merrill reiterate their Buy position on the stock ($125 and $171) and Jefferies reiterate their Hold position on the stock ($133 and $120).
MOH received a positive rating from BofA/Merrill, which set a price target of $132-$140 for the stock.
At the moment, Molina Healthcare Inc.’s Total Debt to Equity ratio stands at 1.12, and they have a long-term Debt to Equity ratio of 1.11.
MOH Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of MOH currently stands at 4.88%, while the SMA50 is 3.75%. The biggest one is the SMA200, which is currently reading 28.24% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 56.28, while its price to earnings ratio (P/E) is 15.92.