Modivcare Inc Intrinsic Stock Value – Handelsbanken Fonder AB Invests $235,000 in ModivCare
July 26, 2023
🌥️Trending News
MODIVCARE ($NASDAQ:MODV): ModivCare Inc. has recently been the focus of a significant investment from Handelsbanken Fonder AB. ModivCare Inc. is a technology company that specializes in providing digital solutions for healthcare professionals. It offers services such as patient engagement, remote patient monitoring, telemedicine, medical imaging, and analytics. The company’s products are designed to reduce healthcare costs and improve patient care.
It also provides software and services to healthcare providers, payers, and other healthcare organizations. This investment will provide the company with additional resources to expand its operations and reach more healthcare providers and patients around the world. This will help the company continue to develop innovative solutions to help improve patient care and reduce healthcare costs.
Share Price
At the start of the day, MODIVCARE INC opened at a price of $47.9 and closed at $46.1, down by 4.1% from its prior closing price of $48.0. This investment adds to the confidence investors have in ModivCare Inc., as it continues to progress and grow in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Modivcare Inc. More…
| Total Revenues | Net Income | Net Margin |
| 2.59k | -36.09 | -1.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Modivcare Inc. More…
| Operations | Investing | Financing |
| -84.58 | -116.55 | 20.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Modivcare Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.94k | 1.59k | 24.77 |
Key Ratios Snapshot
Some of the financial key ratios for Modivcare Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.8% | 17.1% | 1.9% |
| FCF Margin | ROE | ROA |
| -4.7% | 8.9% | 1.6% |
Analysis – Modivcare Inc Intrinsic Stock Value
As a part of our mission to promote corporate wellbeing, GoodWhale recently conducted an analysis of MODIVCARE INC‘s wellbeing. Through our proprietary Valuation Line, we determined that the fair value of MODIVCARE INC’s share should be around $162.7. Unfortunately, the current market price of MODIVCARE INC’s shares is only $46.1, which means that the stock is significantly undervalued by 71.7%. We at GoodWhale believe that this discrepancy does not reflect the true value of MODIVCARE INC’s business and thus encourage investors to take a closer look at this company and recognise its true worth. More…
Peers
In the healthcare industry, there is intense competition between ModivCare Inc and its competitors: Humana AB, Mednax Inc, and Hanger Inc. These companies are all vying for a share of the market, and each has its own unique strengths and weaknesses. Humana AB is a large, international company that offers a wide range of services. Mednax Inc is a smaller company that specializes in maternal and child health. Hanger Inc is a publicly traded company that focuses on orthopedics.
– Humana AB ($LTS:0RF7)
Humana AB is a Swedish health insurance company with a market capitalization of 2.04 billion as of 2022. The company has a return on equity of 10.21%. Humana AB provides health insurance products and services to individuals, families, and businesses in Sweden. The company offers a range of health insurance products, including hospital, medical, and dental insurance. Humana AB also provides health and wellness services, such as health coaching and wellness programs.
– Mednax Inc ($NYSE:MD)
Mednax, Inc. is a national provider of maternal-fetal, newborn and pediatric clinical and anesthesia services. The Company operates through three segments: Physician Services, Ancillary Services and Other Services. The Company’s physician services include clinical care provided by its affiliated physicians and other clinicians to expectant mothers, newborn infants and pediatric patients in connection with their mothers’ pregnancies and deliveries, and neonatal intensive care unit (NICU) care. Ancillary services include diagnostic testing, pharmacy and ambulatory surgery center (ASC) operations. The Company’s other services include remote patient monitoring, patient engagement solutions and population health management services.
Summary
Investors should carefully consider the risks associated with investing in ModivCare Inc. before making any decisions. The company has recently seen a significant drop in its stock price, which may be due to a number of factors such as changes in the industry or market sentiment. In spite of this, it is worth noting that Handelsbanken Fonder AB has recently taken a position in the company worth $235000, indicating that it believes the company has potential. Before investing, investors should review ModivCare Inc.’s financials, competitive landscape, and management team.
Additionally, research should be conducted to understand the company’s prospects for growth, potential future products, and other opportunities. While there may be risks associated with investing in Modivcare Inc., investors may have the opportunity to gain significant returns if they make an informed decision.
