Molina Healthcare has experienced significant changes over recent times. Major investment firms like
Tributary Capital Management LLC and
Merit Financial Group LLC have substantial holdings in the company. Despite this, the stock has
underperformed compared to its competitors in periods such as Thursday even though it made daily gains. The political environment also creates a buying opportunity for Molina. However, there are headlines indicating challenging times ahead due to possible reduced
Returns On Capital. The company has had a major win by securing contracts to serve
Dual Eligible Populations in Michigan and Idaho. Various headlines suggest that the market sees Molina as a viable purchase, especially heading into 2025. The company is also involved in notable financial manoeuvres like the acquisition of
ConnectiCare, and raising
$750M in Senior Notes at 6.250% Interest Rate. Furthermore, Molina has been expanding its Dual Eligible Services in Michigan and Idaho. The company's financial health is reflected in its stock performance and its Q3 2024 earnings beat estimates on growing premiums.
Molina Healthcare MOH News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Sat, 25 Jan 2025 14:00:31 GMT -
Rating 2
- Innovation 4
- Information 7
- Rumor -3