Market Movers

Molina Healthcare, Inc.’s Stock Price Soars to $296.59, Marking a Positive 1.65% Shift in Market Performance

By December 19, 2024 No Comments

Molina Healthcare, Inc. (MOH)

296.59 USD +4.81 (+1.65%) Volume: 0.88M

With a robust trading session, Molina Healthcare, Inc.’s stock price stands at 296.59 USD, marking a noteworthy +1.65% rise, backed by a solid trading volume of 0.88M. Despite a YTD percentage change of -18.22%, the healthcare giant continues to be a focal point in the stock market.


Latest developments on Molina Healthcare, Inc.

Molina Healthcare has been making significant moves in the healthcare industry recently, with the company securing major contracts to serve dual eligible populations in Michigan and Idaho through 2026. This expansion of services has caught the attention of analysts, with JPMorgan seeing Molina Healthcare stock as fairly valued entering 2025. Despite receiving a neutral rating from JPMorgan Chase & Co., experts remain optimistic about the company’s strong fundamentals. In addition, Molina Healthcare is set to host a seasonal depression awareness event in Laredo, showcasing their commitment to community health initiatives. These developments have contributed to the excitement surrounding Molina Healthcare‘s stock price movements today.


Molina Healthcare, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been covering Molina Healthcare closely. In a recent report titled “Molina Healthcare Inc.: These Are The 6 Biggest Factors Impacting Its Performance In 2025 & Beyond! – Major Drivers,” Baptista Research highlighted the company’s mixed performance in the third quarter of 2024. Despite facing challenges such as upward pressure on medical costs, Molina Healthcare reported adjusted earnings per share of $6.01 on $9.7 billion of premium revenue. The company maintained a robust adjusted pre-tax margin of 4.5%, showcasing a balanced business portfolio.


A look at Molina Healthcare, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.0

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

Based on the Smartkarma Smart Scores, Molina Healthcare has a positive long-term outlook. With high scores in Growth and Resilience, the company is poised for continued expansion and stability in the future. This indicates that Molina Healthcare is well-positioned to grow its business and navigate challenges effectively.

Despite a lower score in Dividend, Molina Healthcare‘s overall outlook remains strong. The company’s focus on providing healthcare services to low-income families and individuals, combined with its presence in multiple states, showcases its commitment to serving its community. With a solid foundation in place, Molina Healthcare is likely to maintain its momentum and drive success in the managed care industry.


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