Molina Healthcare (NYSE:MOH) Sets New 12-Month High – Should You Buy?

Molina Healthcare, Inc (NYSE:MOH) hit a new 52-week high during trading on Wednesday . The stock traded as high as $243.50 and last traded at $236.8630, with a volume of 172180 shares traded. The stock had previously closed at $232.90.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MOH. Wells Fargo & Company increased their price target on shares of Molina Healthcare from $141.00 to $159.00 and gave the company an “equal weight” rating in a report on Monday, April 27th. Zacks Research upgraded shares of Molina Healthcare from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings raised shares of Molina Healthcare from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 25th. Morgan Stanley boosted their price target on Molina Healthcare from $146.00 to $167.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 4th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Molina Healthcare in a report on Friday, March 13th. Three analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $183.88.

Molina Healthcare Stock Performance

The company has a market capitalization of $12.28 billion, a price-to-earnings ratio of 69.62 and a beta of 0.74. The stock has a fifty day moving average price of $196.62 and a two-hundred day moving average price of $171.71. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.97.

Molina Healthcare (NYSE:MOH) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.78. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The business had revenue of $10.80 billion during the quarter, compared to analyst estimates of $10.91 billion. During the same quarter in the previous year, the business posted $6.08 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, analysts forecast that Molina Healthcare, Inc will post 5.23 EPS for the current fiscal year.

Insider Buying and Selling at Molina Healthcare

In other news, CAO Maurice Hebert sold 600 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $191.55, for a total transaction of $114,930.00. Following the completion of the sale, the chief accounting officer directly owned 12,815 shares in the company, valued at $2,454,713.25. This represents a 4.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Jeff D. Barlow sold 17,811 shares of Molina Healthcare stock in a transaction on Monday, May 11th. The shares were sold at an average price of $186.12, for a total value of $3,314,983.32. Following the completion of the transaction, the insider owned 67,175 shares in the company, valued at $12,502,611. The trade was a 20.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.44% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of MOH. Elevation Wealth Partners LLC grew its stake in Molina Healthcare by 118.2% during the second quarter. Elevation Wealth Partners LLC now owns 144 shares of the company’s stock worth $33,000 after buying an additional 78 shares during the period. Torren Management LLC purchased a new position in shares of Molina Healthcare in the 4th quarter valued at $26,000. Miller Global Investments LLC purchased a new position in shares of Molina Healthcare in the 4th quarter valued at $27,000. MUFG Securities EMEA plc acquired a new position in shares of Molina Healthcare during the 2nd quarter valued at $48,000. Finally, Cromwell Holdings LLC lifted its holdings in shares of Molina Healthcare by 211.9% during the 4th quarter. Cromwell Holdings LLC now owns 184 shares of the company’s stock valued at $32,000 after acquiring an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 98.50% of the company’s stock.

About Molina Healthcare

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.