Molina Healthcare Reports Fourth Quarter and Year-End 2016 Results and Provides Fiscal Year 2017 Outlook and Guidance
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Jefferies Maintains Hold Rating and $59 PT on Molina Healthcare (MOH) Despite Huge Guidance Miss
February 16, 2017 8:53 AM ESTJefferies analyst David Windley maintains Hold rating and $59 price target on Molina Health (NYSE: MOH), suggesting Medicaid exchange concerns produced a 40%+ guidance miss, while the company reported 2016 fourth quarter EPS figures below estimates.
Windley commented, "We stepped aside in Dec for Medicaid Expansion and Exchange (HIX)... More
Stifel Downgrades Molina Healthcare (MOH) to Hold
February 16, 2017 6:22 AM ESTStifel downgraded Molina Healthcare (NYSE: MOH) from Buy to Hold with a price target of $45.00 (from $64.00).
For an analyst ratings summary and ratings history on Molina Healthcare click here. For more ratings news on Molina Healthcare click here.
Shares of Molina Healthcare closed at $59.89 yesterday.
... MoreMolina Healthcare (MOH) Reports Q4 Loss Per Share of $1.54
February 15, 2017 4:18 PM ESTMolina Healthcare (NYSE: MOH) reported Q4 EPS of ($1.54), may not compare to the analyst estimate of $0.75. Revenue for the quarter came in at $4.46 billion versus the consensus estimate of $4.55 billion.
2017 guidance of $1.72 net income per diluted share and $2.09 adjusted net income... More