Molina Healthcare Inc (MOH) : The consensus on Molina Healthcare Inc (MOH) based on 12 analyst recommendation on the company stock is 2.25, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Molina Healthcare Inc (MOH).
Molina Healthcare Inc (MOH) : The most positive equity analysts on Molina Healthcare Inc (MOH) expects the shares to touch $75, whereas, the least positive believes that the stock will trade at $50 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $62.6 with an expected fluctuation of $8.41 from the mean.
Company shares have received an average consensus rating of Hold for the current week Molina Healthcare Inc (NYSE:MOH): The stock opened at $57.66 on Thursday but the bulls could not build on the opening and the stock topped out at $58.36 for the day. The stock traded down to $57.54 during the day, due to lack of any buying support eventually closed down at $57.71 with a loss of -0.14% for the day. The stock had closed at $57.79 on the previous day. The total traded volume was 545,673 shares.
In a related news,The officer (Chief Operating Officer) of Molina Healthcare Inc, Bayer Terry sold 8,250 shares at $58 on August 2, 2016. The Insider selling transaction had a total value worth of $478,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Molina Healthcare, Inc. provides health care to those receiving Government assistance. The Company offers Medicaid-related solutions for low-income families and individuals, and assists state agencies in their administration of the Medicaid program. The Company operates through two segments: Health Plans segment and Molina Medicaid Solutions segment. The Companys Health Plans segment consists of health plans in around 11 states, and includes its direct delivery business. The Companys direct delivery business consists primarily of the management of a hospital in southern California, and the operation of primary care clinics in several states in which the Company operates. The Companys Molina Medicaid Solutions segment provides business processing and information technology development, and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, West Virginia, and the United States Virgin Islands, and drug rebate administration services in Florida.