Market Movers

Molina Healthcare, Inc.’s Stock Price Dips to $410.83, Marking a 1.86% Decrease: A Detailed Analysis of MOH’s Market Performance

Molina Healthcare, Inc. (MOH)

410.83 USD -7.77 (-1.86%) Volume: 0.34M

Explore Molina Healthcare, Inc.’s stock price performance of $410.83, a dip of 1.86% in today’s trading session on a volume of 0.34M shares, yet boasting a year-to-date increase of 13.71%, showcasing the stock’s resilience and growth potential in the healthcare sector.


Latest developments on Molina Healthcare, Inc.

Despite recent contrasting analyst ratings, Molina Healthcare (NYSE:MOH) stock has reached a new 12-month high at $423.92. The healthcare provider was previously lowered to ‘underperform’ by Bank of America due to a perceived deteriorating risk/reward ratio. However, Mutual Advisors LLC and Assenagon Asset Management S.A. have shown confidence in the company, increasing their stock positions. The company continues to perform community service, with its mobile unit serving Rockford and teaming up with Farm Share and BITAC in Florida’s fight against hunger.


A look at Molina Healthcare, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Molina Healthcare Inc. is a managed care organization that provides health care services to low-income families and individuals. The company has a presence in several states, including California, Washington, Utah, and Michigan. They also operate primary care clinics in Northern and Southern California. The company’s Smartkarma Smart Scores indicate a positive long-term outlook, with strong scores in growth, resilience, and momentum. This suggests that Molina Healthcare is well-positioned for future success and growth.

The company’s value score is also above average, indicating that Molina Healthcare is trading at a reasonable price relative to its earnings and assets. However, their dividend score is lower, which means that investors should not expect significant returns in the form of dividends. Overall, Molina Healthcare‘s Smartkarma Smart Scores paint a positive picture for the company’s long-term outlook, with strong potential for growth and resilience in the face of challenges.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars