With 0.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.66 million shares. The 52-week range on MOH shows that it touched its highest point at $423.92 and its lowest point at $262.32 during that stretch. It currently has a 1-year price target of $332.50. Beta for the stock currently stands at 0.57.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MOH was up-trending over the past week, with a rise of 5.56%, but this was down by -6.18% over a month. Three-month performance surged to 1.74% while six-month performance fell -17.22%. The stock lost -27.97% in the past year, while it has lost -1.25% so far this year. A look at the trailing 12-month EPS for MOH yields 20.43 with Next year EPS estimates of 28.30. For the next quarter, that number is 6.08. This implies an EPS growth rate of 8.97% for this year and 14.68% for next year. EPS is expected to grow by 12.45% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.22%.
Float and Shares Shorts:
At present, 56.00 million MOH shares are outstanding with a float of 54.86 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MOH since 7 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $23.29013 being high and $22.81482 being low. For MOH, this leads to a yearly average estimate of $23.21091. Based on analyst estimates, the high estimate for the next quarter is $6.63 and the low estimate is $5.82. The average estimate for the next quarter is thus $6.22.
