Truist Financial Issues Positive Forecast for Molina Healthcare (NYSE:MOH) Stock Price

Molina Healthcare (NYSE:MOH) had its target price hoisted by stock analysts at Truist Financial from $180.00 to $205.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “hold” rating on the stock. Truist Financial’s price target would suggest a potential upside of 9.12% from the company’s current price.

A number of other equities analysts have also recently issued reports on the company. Robert W. Baird lifted their target price on Molina Healthcare from $124.00 to $163.00 and gave the stock a “neutral” rating in a report on Monday. Cantor Fitzgerald raised their target price on Molina Healthcare from $144.00 to $209.00 and gave the stock a “neutral” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $129.00 target price on shares of Molina Healthcare in a research report on Friday, April 24th. Zacks Research raised Molina Healthcare from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Barclays raised their target price on Molina Healthcare from $133.00 to $161.00 and gave the stock an “underweight” rating in a research report on Friday, April 24th. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $174.53.

Molina Healthcare Price Performance

Shares of NYSE MOH traded up $1.93 during mid-day trading on Monday, reaching $187.87. The company had a trading volume of 257,775 shares, compared to its average volume of 1,712,256. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.97. The stock has a market cap of $9.79 billion, a PE ratio of 55.23 and a beta of 0.85. The company has a 50-day moving average price of $152.32 and a two-hundred day moving average price of $158.52. Molina Healthcare has a 1-year low of $121.06 and a 1-year high of $333.00.

Molina Healthcare (NYSE:MOH) last issued its earnings results on Wednesday, April 22nd. The company reported $2.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.78. The business had revenue of $10.80 billion for the quarter, compared to analysts’ expectations of $10.91 billion. Molina Healthcare had a return on equity of 8.76% and a net margin of 0.42%.The company’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $6.08 EPS. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. On average, equities analysts anticipate that Molina Healthcare will post 5.21 earnings per share for the current year.

Institutional Trading of Molina Healthcare

A number of institutional investors have recently bought and sold shares of MOH. Baird Financial Group Inc. acquired a new stake in Molina Healthcare during the first quarter valued at $210,000. NewEdge Advisors LLC boosted its position in Molina Healthcare by 33.4% during the first quarter. NewEdge Advisors LLC now owns 1,106 shares of the company’s stock valued at $364,000 after purchasing an additional 277 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Molina Healthcare by 713.3% during the first quarter. Jones Financial Companies Lllp now owns 1,651 shares of the company’s stock valued at $544,000 after purchasing an additional 1,448 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in Molina Healthcare by 19.4% during the first quarter. Goldman Sachs Group Inc. now owns 249,466 shares of the company’s stock valued at $82,172,000 after purchasing an additional 40,531 shares during the last quarter. Finally, Woodline Partners LP acquired a new stake in shares of Molina Healthcare in the first quarter worth about $1,541,000. Institutional investors and hedge funds 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.