Molina Healthcare (NYSE:MOH) Updates FY 2029 Earnings Guidance

Molina Healthcare (NYSE:MOH) updated its FY 2029 earnings guidance on Friday. The company provided earnings per share guidance of 25.000-25.000 for the period, compared to the consensus earnings per share estimate of 28.930. The company issued revenue guidance of -.

Molina Healthcare Price Performance

MOH stock traded down $9.04 during trading on Friday, reaching $182.81. 893,054 shares of the company were exchanged, compared to its average volume of 1,721,678. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.63 and a current ratio of 1.63. The stock’s 50 day moving average price is $152.32 and its 200 day moving average price is $158.52. Molina Healthcare has a 52-week low of $121.06 and a 52-week high of $333.00. The company has a market cap of $9.52 billion, a P/E ratio of 54.09 and a beta of 0.85.

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, beating analysts’ consensus estimates of $1.57 by $0.78. Molina Healthcare had a net margin of 0.42% and a return on equity of 8.76%. The company had revenue of $10.80 billion during the quarter, compared to analysts’ expectations of $10.91 billion. During the same period last year, the company posted $6.08 earnings per share. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. Molina Healthcare has set its FY 2026 guidance at 5.000- EPS. As a group, analysts predict that Molina Healthcare will post 5.21 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. TD Cowen dropped their price objective on Molina Healthcare from $175.00 to $144.00 and set a “hold” rating for the company in a research note on Monday, February 9th. Sanford C. Bernstein reissued an “outperform” rating on shares of Molina Healthcare in a report on Friday, March 13th. Zacks Research upgraded Molina Healthcare from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Cantor Fitzgerald cut their price target on Molina Healthcare from $180.00 to $144.00 and set a “neutral” rating for the company in a research note on Monday, February 9th. Finally, Bank of America raised shares of Molina Healthcare from an “underperform” rating to a “buy” rating and set a $250.00 price objective on the stock in a research note on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Molina Healthcare currently has an average rating of “Hold” and an average target price of $169.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Baird Financial Group Inc. acquired a new stake in shares of Molina Healthcare during the 1st quarter worth about $210,000. NewEdge Advisors LLC lifted its stake in shares of 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 buying an additional 277 shares during the period. 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 worth $544,000 after acquiring 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 worth $82,172,000 after acquiring an additional 40,531 shares during the last quarter. Finally, Woodline Partners LP purchased a new stake in Molina Healthcare in the 1st quarter worth approximately $1,541,000. 98.50% of the stock is currently owned by hedge funds and other institutional investors.

About Molina Healthcare

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.