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Molina Healthcare (NYSE:MOH) was upgraded by equities research analysts at TheStreet from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, AnalystRatingsNetwork.com reports.

The analysts wrote, “Molina Healthcare (MOH) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”

In other Molina Healthcare news, VP Joseph Cpa White sold 1,329 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $35.98, for a total transaction of $47,817.42. Following the sale, the vice president now directly owns 95,320 shares of the company’s stock, valued at approximately $3,429,614. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

A number of other analysts have also recently weighed in on MOH. Analysts at Zacks reiterated a “neutral” rating on shares of Molina Healthcare in a research note on Tuesday. They now have a $38.00 price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Molina Healthcare in a research note on Thursday, January 23rd. They set a “neutral” rating and a $42.00 price target on the stock. Eight research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $41.00.

Molina Healthcare (NYSE:MOH) traded down 2.68% during mid-day trading on Wednesday, hitting $32.905. 219,800 shares of the company’s stock traded hands. Molina Healthcare has a one year low of $30.26 and a one year high of $40.90. The stock has a 50-day moving average of $36.20 and a 200-day moving average of $35.05. The company has a market cap of $1.506 billion and a price-to-earnings ratio of 18.24.

Molina Healthcare (NYSE:MOH) last released its earnings data on Monday, February 10th. The company reported ($0.20) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.06) by $0.14. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.73 billion. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. Analysts expect that Molina Healthcare will post $2.02 EPS for the current fiscal year.

Molina Healthcare, Inc provides medicaid-related solutions. The Company operates in two segments: Health Plans and Molina Medicaid Solutions.

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