With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.83 million shares. The 52-week range on MOH shows that it touched its highest point at $365.23 and its lowest point at $262.32 during that stretch. It currently has a 1-year price target of $357.86. Beta for the stock currently stands at 0.61.
Price Performance and Earnings:
Three-month performance surged to 3.16% while six-month performance rose 0.08%. The stock lost -3.73% in the past year, while it has gained 12.36% so far this year. A look at the trailing 12-month EPS for MOH yields 20.70 with Next year EPS estimates of 28.29. For the next quarter, that number is 6.19. This implies an EPS growth rate of 8.11% for this year and 15.52% for next year. EPS is expected to grow by 12.80% 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, 54.00 million MOH shares are outstanding with a float of 53.45 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 $6.88 and the low estimate is $5.71. The average estimate for the next quarter is thus $6.23.
