MOLINA HEALTHCARE INC stock forecast: down to 411.25 USD MOH stock price prognosis

STOCK

Forecast for Thu 23 May 2024 price 411.07

MOLINA HEALTHCARE INC stock price forecast for further price development down to -0.31% (time horizon: 1 day) and price target of 411.25 USD. Short-term (time horizon: 2 weeks) MOLINA HEALTHCARE INC share price prediction for 2024-05-23 with daily closed price projections

Key Facts

Symbol MOH 

ISIN US60855R1005 

CUSIP 60855R100


Currency USD


Category Hospital & Medical Service Plans

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 21,396,000,000.0


Earnings per share 12.20


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Our business footprint, as of December 31, 2020, is illustrated below. The current status of each of these contracts is described below. We operate MMPs in six states, as described further below. The activities of our independent, licensed insurance agents are also regulated by CMS. The judgment did not create additional Minimum MLR rebates. CMS requires these rates to be actuarially sound. Medical Care Costs and Demand for Healthcare Services. We believe this membership increase was mainly due to the suspension of redeterminations. The Supreme Court's decision is expected by June 2021. This is achieved by sound clinical policy based on current evidence-based practices. We have partnered with third parties to support our information technology systems. For example, California enacted the CCPA, which became effective on January 1, 2020. We are subject to various risks inherent in the government contracting process. The outcome of this litigation and any appellate proceedings is inherently unpredictable. Large numbers of doctors, therefore, do not accept Medicaid patients. We have no control over this renewal process. Some of these third-parties have direct access to our systems. In addition, some of our health plans' claims are processed in Long Beach, California. This program is funded with cash on hand and extends through December 31, 2021. On December 31, 2020, we closed on the acquisition of Magellan Complete Care. MCR represents the amount of medical care costs as a percentage of premium revenue. See further discussion below, in "Investing Activities," and "Financing Activities. The second half payment is contingent upon the outcome of certain legal challenges. Also, as described above in "Item 1. An increase in the PMPM costs results in an increase in medical claims liabilities. Declines in interest rates over time will reduce our investment income. Recent Developments – Health Plans SegmentAcquisition of Magellan Complete Care. See Note 4, "Business Combinations," for further information. The new Medicaid contract began on January 1, 2021. Actual results could differ from these estimates. We monitor our investments for credit-related impairment. We do not measure an allowance for credit losses on accrued interest receivable. We recognize such write offs as a reversal of interest income. However, there can be no assurance that these contracts will continue to be renewed. Consequently, we recognize premium revenue as it is earned under such provisions. Retroactive Premium Adjustments. State Medicaid programs periodically adjust premium rates on a retroactive basis. Federal regulations define what constitutes medical costs and premium revenue. The ACA has established a Minimum MLR of 80% for the Marketplace. Such performance measures are generally found in our Medicaid and MMP contracts. Our HIF liability for 2020 was $277 million, which was settled in September 2020. The premium revenues we receive from these states include the premium tax assessment. However, several factors could adversely affect medical care costs. Recent Accounting Pronouncements AdoptedCredit Losses. As of December 31, 2020, the weighted average remaining finance lease term is 15 years. Deferred issuance costs amounted to $11 million. This program was funded with existing cash on hand and was completed in March 2020. We generally recognize expense for RSAs, PSAs and PSUs on a straight-line basis. Molina Healthcare, Inc. 2020 Form 10-K | 8214. Eligible emp

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1179929/000117992921000024/0001179929-21-000024.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 91.14/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 189039
A - OVERSEA-CHINESE BANKING Corp Ltd 2023-03-31 2157
A - OVERSEA-CHINESE BANKING Corp Ltd 2022-12-31 2262
EFG Asset Management 2023-06-30 1238
A - OSAIC HOLDINGS, INC. 2023-06-30 11400

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Old Westbury Funds Inc 2023-07-31 2732 Long
DIMENSIONAL INVESTMENT GROUP INC 2023-07-31 16589 Long
Pacer Funds Trust 2023-07-31 3380 Long
Pacer Funds Trust 2023-07-31 195 Long
Pacer Funds Trust 2023-07-31 1 Long

Insider trading for MOLINA HEALTHCARE INC

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1211493 Orlando Steven J 2024-02-15 SALE Accept Accept Accept Accept
1649773 Schapiro Richard M 2024-02-20 SALE Reject Accept Accept Accept
1555603 Barlow Jeff D. 2023-08-01 SALE Reject Reject Accept Accept
1690677 Keim Mark Lowell 2024-02-12 SALE Accept Accept Accept Accept
1504606 Russo Marc 2023-08-07 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for MOLINA HEALTHCARE INC can provide the information where the market is moving based on price information.


MOLINA HEALTHCARE INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns MOLINA HEALTHCARE INC.


On-Balance Volume information for MOLINA HEALTHCARE INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for MOLINA HEALTHCARE INC. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for MOLINA HEALTHCARE INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for MOLINA HEALTHCARE INC. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for MOLINA HEALTHCARE INC. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for MOLINA HEALTHCARE INC. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for MOLINA HEALTHCARE INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


MOLINA HEALTHCARE INC on Nasdaq

MOLINA HEALTHCARE INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-20 411.25 2024-03-28 05:54
2024-05-21 411.17 2024-03-28 05:54
2024-05-23 411.07 2024-03-28 05:54
2024-05-22 411.09 2024-03-28 05:54
2024-04-18 410.97 2024-03-28 05:54
2024-04-26 411.56 2024-03-28 05:54
2024-04-08 412.63 2024-03-28 05:54
2024-05-08 411.85 2024-03-28 05:54
2024-05-13 411.54 2024-03-28 05:54
2024-05-14 411.54 2024-03-28 05:54
2024-05-15 411.45 2024-03-28 05:54
2024-04-03 414.76 2024-03-28 05:54
2024-04-19 411.11 2024-03-28 05:54
2024-04-10 412.29 2024-03-28 05:54
2024-04-22 410.79 2024-03-28 05:54
2024-04-23 410.90 2024-03-28 05:54
2024-05-16 411.43 2024-03-28 05:54
2024-04-24 411.02 2024-03-28 05:54
2024-04-11 410.94 2024-03-28 05:54
2024-04-12 410.91 2024-03-28 05:54
2024-04-15 410.10 2024-03-28 05:54
2024-04-16 410.85 2024-03-28 05:54
2024-04-09 412.93 2024-03-28 05:54
2024-04-29 411.73 2024-03-28 05:54
2024-04-30 411.87 2024-03-28 05:54
2024-05-03 411.87 2024-03-28 05:54
2024-05-09 411.78 2024-03-28 05:54
2024-05-17 411.34 2024-03-28 05:54
2024-04-04 413.88 2024-03-28 05:54
2024-04-05 413.17 2024-03-28 05:54
2024-04-25 411.30 2024-03-28 05:54
2024-05-01 411.76 2024-03-28 05:54
2024-05-02 411.78 2024-03-28 05:54
2024-05-06 411.85 2024-03-28 05:54
2024-05-07 412.01 2024-03-28 05:54
2024-04-17 411.22 2024-03-28 05:54
2024-04-01 417.57 2024-03-28 05:54
2024-04-02 416.74 2024-03-28 05:54
2024-05-10 411.66 2024-03-28 05:54

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.