Molina Healthcare Stock Fair Value Calculator – MOLINA HEALTHCARE Reports Record Q2 Revenue and Net Income of $8327M and $309M Respectively
August 27, 2023
☀️Earnings Overview
MOLINA HEALTHCARE ($NYSE:MOH) recorded total revenue of USD 8327.0 million and net income of USD 309.0 million for the second quarter of FY2023, ending June 30 2023. Compared to the same period in the previous year, these figures represent a 3.4% rise in total revenue and a 24.6% increase in net income, as of July 26 2023.
Stock Price
The company also reported solid performance in its Medicare Advantage and Medicaid businesses, which drove strong year-over-year growth across the board. MOLINA HEALTHCARE’s stock opened the trading day at $315.1 and closed at $311.2, down 1.4% from its previous closing price of $315.6. Investors appeared to be disappointed with the company’s earnings report, which came in below Wall Street’s expectations. However, despite the lower-than-expected earnings report, analysts remain upbeat about MOLINA HEALTHCARE’s prospects as it continues to grow its Medicare Advantage and Medicaid businesses. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Molina Healthcare. More…
| Total Revenues | Net Income | Net Margin |
| 32.63k | 916 | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Molina Healthcare. More…
| Operations | Investing | Financing |
| 1.45k | -638 | -228 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Molina Healthcare. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.66k | 10.04k | 62.11 |
Key Ratios Snapshot
Some of the financial key ratios for Molina Healthcare are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.6% | 8.7% | 4.1% |
| FCF Margin | ROE | ROA |
| 4.1% | 24.2% | 6.1% |
Analysis – Molina Healthcare Stock Fair Value Calculator
At GoodWhale, we have conducted a comprehensive analysis of the fundamentals of MOLINA HEALTHCARE. After our extensive research efforts, our team of analysts have concluded that the fair value of MOLINA HEALTHCARE share is around $330.5, calculated by our proprietary Valuation Line. If you are looking to invest in MOLINA HEALTHCARE, now is a great time to take advantage of the market opportunity and purchase their shares. More…
Peers
Its competitors include Centene Corp, Humana Inc, Anthem Inc.
– Centene Corp ($NYSE:CNC)
Centene Corporation is a health services company that provides access to quality, affordable health care for low-income individuals and families. It operates through three segments: Medicaid, Medicare, and Commercial. The Medicaid segment provides Medicaid services to eligible low-income individuals and families through government-sponsored programs. The Medicare segment provides Medicare Advantage, Part D prescription drug, and supplemental health benefits to Medicare-eligible individuals. The Commercial segment provides health insurance to individuals and families through the Health Care Exchanges and the individual market.
– Humana Inc ($NYSE:HUM)
Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. As of 2019, Humana ranked #4 in largest health insurers in the United States by revenue. founded in 1961, the company has about 50,000 employees as of 2016.
The company’s market cap is $64.61 billion as of 2022, and its return on equity is 17.4%. Humana provides health insurance coverage to over 13 million people in the United States, as well as pharmacy benefits management and other health services. The company serves customers through a network of over 60,000 physicians and 5,400 hospitals.
Summary
This is an impressive performance, suggesting that investors may find long-term value in investing in Molina Healthcare. The company is seeing its investments in expanding its portfolio of healthcare services and products paying off, and the success of its cost-management initiatives should help to drive future growth. With strong financials and a proven history of success, Molina Healthcare is an attractive investment for those seeking a reliable healthcare provider.
