Impact of Brokerage Rating on Molina Healthcare Inc(MOH)

Many Molina Healthcare Inc(MOH) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Molina Healthcare was Initiated by Piper Jaffray to Overweight on Jan 4, 2017. Molina Healthcare was Downgraded by Jefferies to Hold on Dec 15, 2016. Molina Healthcare was Upgraded by Goldman to Buy on Dec 13, 2016.

Company has reported several Insider transactions to the SEC, on Jan 24, 2017, John C Molina (CFO) sold 9 shares at 60.00 per share price.On Dec 13, 2016, Ronna Romney (director) sold 250 shares at 55.00 per share price.On Nov 30, 2016, Charles Z Fedak (director) sold 4,875 shares at 53.06 per share price.

Molina Healthcare Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.85 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $0.76. The company had revenue of $4500.00 million for the quarter, compared to analysts expectations of $4368.79 million. The companys revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.

Molina Healthcare Inc (NYSE:MOH) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.5 by 10 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Molina Healthcare Inc (NYSE:MOH) shares are expected to touch $59 in the short term. This short term price target has been shared by 8 analysts. However, the standard deviation of short term price estimate has been valued at 5.9. The target price could hit $68 on the higher end and $53 on the lower end.

Molina Healthcare Inc (NYSE:MOH) rose 0.25% or 0.15 points on Tuesday and made its way into the gainers of the day. After trading began at $59.07 the stock was seen hitting $59.94 as a peak level and $59 as the lowest level. The stock ended up at $59.39. The daily volume was measured at 703,020 shares. The 52-week high of the share price is $67.87 and the 52-week low is $44.5. The company has a market cap of $3,375 million.

Molina Healthcare is a multi-state managed care organization that arranges for the delivery of healthcare services to persons eligible for Medicaid and other programs for low-income families and individuals. It currently operates health plans in California, Washington, Michigan and Utah.


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