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Long Beach, California-based Molina Healthcare, Inc. (MOH) provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces. With a market cap of $16.6 billion, the company operates in four segments: Medicaid, Medicare, Marketplace, and Other.
The healthcare company is poised to report its fiscal 2025 Q2 earnings on Wednesday, July 23, after the market closes. Ahead of this event, analysts expect the company to report a profit of $6.12 per share, up 4.4% from $5.86 per share in the year-ago quarter. The company has surpassed the Street’s bottom-line projections in three of the past four quarters, while missing on one occasion.
For fiscal 2025, analysts expect MOH to report a profit of $24.43, up 7.9% from $22.65 in fiscal 2024. Furthermore, its EPS is expected to grow 14.7% year over year to $28.03 in fiscal 2026.
MOH stock has declined 18.2% over the past 52 weeks, underperforming the Health Care Select Sector SPDR Fund’s (XLV) 6.3% decline and the S&P 500 Index’s ($SPX) 13% uptick during the same time frame.
Molina Healthcare stock fell 5.5% following the release of its Q1 earnings on Apr. 23. The company’s revenue came in at $11.2 billion, increasing 12.2% from the year-ago quarter, and beating the Street forecasts. Moreover, its adjusted EPS came in at $6.08, up 6.1% year-over-year, and surpassed the consensus estimates by 3.8%.
Wall Street analysts are moderately optimistic about MOH’s stock, with a "Moderate Buy" rating overall. Among 16 analysts covering the stock, six recommend "Strong Buy," one suggests “Moderate Buy,” eight advise “Hold,” and one suggests “Moderate Sell.” MOH’s average analyst price target of $358.64 indicates a potential upside of 50.1% from the current levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
