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Molina Healthcare, Inc. (NYSE:MOH) updated its FY14 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.65-2.15 for the period, compared to the Thomson Reuters consensus estimate of $1.95, American Banking reports.

MOH has been the subject of a number of recent research reports. Analysts at Zacks reiterated a neutral rating on shares of Molina Healthcare in a research note on Wednesday, April 16th. They now have a $37.00 price target on the stock. On a related note, analysts at TheStreet upgraded shares of Molina Healthcare from a hold rating to a buy rating in a research note on Wednesday, February 12th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Molina Healthcare currently has an average rating of Hold and an average price target of $41.80.

Shares of Molina Healthcare, Inc. (NYSE:MOH) traded up 1.12% during mid-day trading on Thursday, hitting $37.82. The stock had a trading volume of 845,405 shares. Molina Healthcare, Inc. has a 52-week low of $31.10 and a 52-week high of $40.90. The stock has a 50-day moving average of $36.38 and a 200-day moving average of $35.2. The company has a market cap of $1.739 billion and a price-to-earnings ratio of 33.01.

Molina Healthcare (NYSE:MOH) last released its earnings data on Thursday, May 1st. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.11. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 30.1% on a year-over-year basis. On average, analysts predict that Molina Healthcare, Inc. will post $1.93 earnings per share 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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