Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Molina Healthcare Inc before investing.

In this article, we go over a few key elements for understanding Molina Healthcare Inc’s stock price such as:

• Molina Healthcare Inc’s current stock price and volume
• Why Molina Healthcare Inc’s stock price changed recently
• Upgrades and downgrades for MOH from analysts
• MOH’s stock price momentum as measured by its relative strength

About Molina Healthcare Inc (MOH)

Before we jump into Molina Healthcare Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Molina Healthcare, Inc. is a provider of managed healthcare services under the Medicaid and Medicare programs, and through the state insurance marketplaces. The Company operates through four segments: Medicaid, Medicare, Marketplace, and Other. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which the Company offers managed healthcare services. Medicaid provides healthcare and long-term care services and support to low-income Americans. Medicare is a federal program that provides eligible persons aged 65 and over and some disabled persons with a variety of hospital, medical insurance, and prescription drug benefits. Marketplace insurance exchanges allow individuals and small groups to purchase federally subsidized health insurance. The Company arranges healthcare services for its members through contracts with a network of providers, including independent physicians and physician groups, hospitals, and ancillary providers.

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Molina Healthcare Inc’s Stock Price as of Market Close

As of February 08, 2024, 4:00 PM, CST, Molina Healthcare Inc’s stock price was $381.49.

Molina Healthcare Inc is up 5.35% from its previous closing price of $362.10.

During the last market session, Molina Healthcare Inc’s stock traded between $355.84 and $364.58. Currently, there are 57.80 million shares of Molina Healthcare Inc stock available for purchase.

Molina Healthcare Inc’s price-earnings (P/E) ratio is currently at 22.6, which is high compared to the Managed Health care industry median of 19.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Molina Healthcare Inc Stock Price History

Molina Healthcare Inc’s (MOH) price is currently up 7.03% so far this month.

During the month of February, Molina Healthcare Inc’s stock price has reached a high of $382.78 and a low of $346.35.

Over the last year, Molina Healthcare Inc has hit prices as high as $391.21 and as low as $256.19. Year to date, Molina Healthcare Inc’s stock is up 15.53%.

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What Caused Molina Healthcare Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of February 07, 2024, there was 1 analyst who downgraded Molina Healthcare Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Molina Healthcare Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Molina Healthcare Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Molina Healthcare Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Molina Healthcare Inc (MOH) by visiting AAII Stock Evaluator.

Relative Price Strength of Molina Healthcare Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of February 07, 2024, Molina Healthcare Inc has a weighted four-quarter relative price strength of -1.62%, which translates to a Momentum Score of 68 and is considered to be Strong.

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Molina Healthcare Inc Stock Price: Bottom Line

As of February 8, 2024, Molina Healthcare Inc’s stock price is $381.49, which is up 5.35% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Molina Healthcare Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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