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Last $71.07 USD
Change Today +0.77 / 1.10%
Volume 264.3K
MOH On Other Exchanges
Symbol
Exchange
MOH is not on other exchanges.
As of 11:54 AM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

molina healthcare inc (MOH) Snapshot

Open
$70.94
Previous Close
$70.30
Day High
$71.59
Day Low
$70.83
52 Week High
05/29/15 - $73.98
52 Week Low
07/31/14 - $39.23
Market Cap
4.0B
Average Volume 10 Days
1.4M
EPS TTM
$1.74
Shares Outstanding
55.9M
EX-Date
--
P/E TM
40.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for MOLINA HEALTHCARE INC (MOH)

molina healthcare inc (MOH) Related Businessweek News

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molina healthcare inc (MOH) Details

Molina Healthcare, Inc. provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program. The company operates through two segments, Health Plans and Molina Medicaid Solutions. The Health Plans segment operates health plans in 11 states. As of December 31, 2014, this segment served approximately 2.6 million members who were eligible for Medicaid, Medicare, and other government-sponsored health care programs. The Molina Medicaid Solutions segment provides design, development, implementation, business process outsourcing, and information technology development and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, and West Virginia, as well as the U.S. Virgin Islands; and drug rebate administration services in Florida. The company offers health care services for its members through contracts with independent physicians and groups; hospitals; and ancillary providers, as well as through its clinics. Molina Healthcare, Inc. was founded in 1980 and is headquartered in Long Beach, California.

10,500 Employees
Last Reported Date: 02/26/15
Founded in 1980

molina healthcare inc (MOH) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.1M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $878.0K
Chief Operating Officer
Total Annual Compensation: $644.0K
Chief Legal Officer, Senior Vice President an...
Total Annual Compensation: $475.0K
Chief Accounting Officer
Total Annual Compensation: $515.0K
Compensation as of Fiscal Year 2014.

molina healthcare inc (MOH) Key Developments

Molina Healthcare, Inc., Molina Information Systems, LLC and Molina Medical Management, Inc. Enter into a Credit Agreement for an Unsecured $250 Million Revolving Credit Facility

On June 12, 2015, Molina Healthcare, Inc., Molina Information Systems, LLC and Molina Medical Management, Inc., entered into a Credit Agreement for an unsecured $250 million revolving credit facility with various lenders and SunTrust Bank, as Administrative Agent, Swing Line Lender and Issuing Bank. The credit facility will be used to finance working capital needs, permitted acquisitions, capital expenditures and for other general corporate purposes. The credit facility has a term of five years and all amounts outstanding under the credit facility will be due and payable on June 12, 2020. Subject to obtaining commitments from existing or new lenders and satisfaction of other specified conditions, the company may increase the credit facility to up to $350 million. Borrowings under the credit facility will bear interest based, at the company's election, at a base rate or an adjusted LIBOR rate, plus in each case the applicable margin. The base rate is the higher rate which the Administrative Agent announces from time to time as its prime lending rate, as in effect from time to time, the federal funds rate, as in effect from time to time, plus 0.50% per annum and a rate per annum equal to adjusted LIBOR for a term of one month plus 1.0% per annum (any changes in such rates to be effective as of the date of any change in such rate).

Molina Healthcare, Inc. Updates Earnings Outlook for Fiscal Year 2015

Molina Healthcare, Inc. announced that it is updating its outlook for fiscal year 2015 provided on February 12, 2015 to include the impact of improvements in its medical margin, the recently announced expansion in the State of Michigan, a proposed offering of common stock, and increased accounting dilution from its convertible notes due to the company’s stock trading price. The company expects total revenue of $14.3 billion, income before income tax expense of $300 million, net income of $132 million, EBITDA of $485 million, effective tax rate of 56%, diluted net income per share of $2.35, adjusted net income per share of $2.90, interest expense of $60 million, and depreciation, and amortization of intangible assets and capitalized software of $125 million.

Molina Healthcare Seeks Acquisitions

Molina Healthcare, Inc. (NYSE:MOH) is looking for acquisition opportunities. Molina Healthcare, Inc. has filed a shelf registration and intend to use the net proceeds from the sale of any securities offered by this prospectus for acquire businesses, assets, and technologies that are complementary to our business.

 

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MOH:US $71.07 USD +0.77

MOH Competitors

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Company Last Change
Centene Corp $80.98 USD +0.58
Health Net Inc/CA $64.60 USD +0.48
Humana Inc $191.21 USD -0.07
Universal American Corp/NY $10.13 USD +0.01
WellCare Health Plans Inc $84.96 USD +0.125
View Industry Companies
 

Industry Analysis

MOH

Industry Average

Valuation MOH Industry Range
Price/Earnings 40.0x
Price/Sales 0.3x
Price/Book 3.4x
Price/Cash Flow 21.4x
TEV/Sales NM Not Meaningful
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