Molina Healthcare (NYSE:MOH) Reaches New 52-Week Low – Here’s What Happened

Shares of Molina Healthcare, Inc (NYSE:MOH) hit a new 52-week low on Thursday . The company traded as low as $121.06 and last traded at $122.6550, with a volume of 2511761 shares. The stock had previously closed at $125.43.

Analyst Ratings Changes

Several brokerages recently commented on MOH. Wells Fargo & Company increased their price objective on shares of Molina Healthcare from $165.00 to $208.00 and gave the company an “overweight” rating in a research report on Wednesday, January 7th. Sanford C. Bernstein restated an “outperform” rating and set a $224.00 price target on shares of Molina Healthcare in a research note on Tuesday, January 6th. TD Cowen lowered their price objective on shares of Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research note on Monday, February 9th. Cantor Fitzgerald dropped their price objective on shares of Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating on the stock in a report on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft set a $109.00 target price on Molina Healthcare in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Molina Healthcare currently has an average rating of “Hold” and an average target price of $164.79.

Molina Healthcare Stock Performance

The firm’s 50 day moving average price is $171.08 and its two-hundred day moving average price is $169.36. The firm has a market cap of $6.96 billion, a PE ratio of 15.79 and a beta of 0.49. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.68 and a current ratio of 1.69.

Molina Healthcare (NYSE:MOH) last released its quarterly earnings data on Thursday, February 5th. The company reported ($2.75) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($3.18). The business had revenue of $11.38 billion during the quarter, compared to analyst estimates of $10.90 billion. Molina Healthcare had a net margin of 1.04% and a return on equity of 13.60%. The company’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.05 earnings per share. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, research analysts forecast that Molina Healthcare, Inc will post 24.4 earnings per share for the current year.

Insider Transactions at Molina Healthcare

In related news, Director Richard M. Schapiro sold 357 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $143.02, for a total value of $51,058.14. Following the sale, the director directly owned 11,352 shares in the company, valued at approximately $1,623,563.04. The trade was a 3.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Molina Healthcare

Large investors have recently made changes to their positions in the stock. New York State Common Retirement Fund lifted its position in shares of Molina Healthcare by 35.9% in the third quarter. New York State Common Retirement Fund now owns 139,557 shares of the company’s stock valued at $26,706,000 after acquiring an additional 36,831 shares in the last quarter. Merit Financial Group LLC raised its stake in Molina Healthcare by 289.3% in the 3rd 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 during the last quarter. Gibraltar Capital Management Inc. acquired a new stake in shares of Molina Healthcare during the 3rd quarter worth about $6,709,000. Cerity Partners LLC grew its holdings in shares of Molina Healthcare by 245.3% during the third 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. Finally, Brighton Jones LLC raised its position in shares of Molina Healthcare by 189.5% in the third quarter. Brighton Jones LLC now owns 13,148 shares of the company’s stock valued at $2,516,000 after buying an additional 8,607 shares during the last quarter. 98.50% of the stock is currently owned by institutional investors and hedge funds.

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.