Hot Stock under Consideration: Molina Healthcare (NYSE: MOH)

On Friday, Shares of Molina Healthcare (NYSE: MOH) rose 0.05% to $129.76. The stock traded total volume of 604,981 shares lower than the average volume of 893.00K shares.

Molina Healthcare Inc. (MOH) stated fourth-quarter net income of $201.0M, after reporting a loss in the same period a year earlier. On a per-share basis, the Long Beach, California-based company said it had net income of $3.01. Earnings, adjusted for one-time gains and costs, were $3.88 per share. The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The provider of Medicaid-related services posted revenue of $4.660B in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $4.560B.

For the year, the company stated net income of $707.0M, or $10.61 per share, swinging to a profit in the period. Revenue was stated as $18.890B. It anticipates full-year earnings to be $9.25 to $9.75 per share.

MOH has the market capitalization of $8.13B and its EPS growth ratio for the past five years was 61.60%. The return on assets ratio of the Company was 10.10% while its return on investment ratio stands at 27.00%. Price to sales ratio was 0.44.

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