Molina Healthcare (NYSE:MOH) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Molina Healthcare (NYSE:MOH) from a strong sell rating to a hold rating in a report published on Monday,Zacks.com reports.

A number of other analysts have also commented on MOH. TD Cowen dropped their price target on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research note on Monday, February 9th. Wells Fargo & Company set a $141.00 price target on Molina Healthcare and gave the stock an “equal weight” rating in a research note on Friday, February 20th. The Goldman Sachs Group dropped their price target on Molina Healthcare from $167.00 to $124.00 and set a “neutral” rating for the company in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft set a $310.00 price target on Molina Healthcare in a research note on Friday, March 13th. Finally, Mizuho lowered their price objective on Molina Healthcare from $220.00 to $180.00 and set an “outperform” rating for the company in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $169.21.

Molina Healthcare Trading Up 1.9%

MOH stock traded up $2.83 on Monday, reaching $153.83. The company’s stock had a trading volume of 334,121 shares, compared to its average volume of 1,732,631. The business has a fifty day simple moving average of $143.54 and a two-hundred day simple moving average of $159.39. Molina Healthcare has a 12-month low of $121.06 and a 12-month high of $333.22. The firm has a market cap of $8.01 billion, a PE ratio of 17.97 and a beta of 0.55. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.69 and a current ratio of 1.69.

Molina Healthcare (NYSE:MOH) last announced its quarterly earnings results on Thursday, February 5th. The company reported ($2.75) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). Molina Healthcare had a return on equity of 13.60% and a net margin of 1.04%.The business had revenue of $11.38 billion during the quarter, compared to analysts’ expectations of $10.90 billion. During the same period in the previous year, the business earned $5.05 EPS. The business’s revenue was up 8.3% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, research analysts forecast that Molina Healthcare will post 5.03 EPS for the current year.

Hedge Funds Weigh In On Molina Healthcare

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. New York State Common Retirement Fund increased its holdings in shares of Molina Healthcare by 35.9% in the 3rd quarter. New York State Common Retirement Fund now owns 139,557 shares of the company’s stock worth $26,706,000 after purchasing an additional 36,831 shares in the last quarter. CenterBook Partners LP lifted its holdings in shares of Molina Healthcare by 359.7% during the third quarter. CenterBook Partners LP now owns 20,409 shares of the company’s stock valued at $3,905,000 after purchasing an additional 15,969 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of Molina Healthcare by 289.3% during the third quarter. Merit Financial Group LLC now owns 11,735 shares of the company’s stock valued at $2,246,000 after purchasing an additional 8,721 shares in the last quarter. Gibraltar Capital Management Inc. purchased a new stake in shares of Molina Healthcare during the third quarter valued at $6,709,000. Finally, Cerity Partners LLC increased its holdings in Molina Healthcare by 245.3% in the 3rd quarter. Cerity Partners LLC now owns 80,608 shares of the company’s stock worth $15,425,000 after buying an additional 57,266 shares in the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

Molina Healthcare Company Profile

Molina Healthcare, Inc is a managed care company specializing in government-sponsored health insurance programs. The company offers Medicaid managed care plans, Medicare Advantage and prescription drug plans, and individual Marketplace plans under the Affordable Care Act. Through an integrated care model, Molina emphasizes preventive and primary care services, care coordination, and disease management to improve health outcomes for its members.

The company traces its roots to the early 1980s, when Dr.