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Shares of Molina Healthcare (NYSE:MOH) have received an average recommendation of “Buy” from the fifteen analysts that are currently covering the stock, Stock Ratings News reports. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $45.62.

Shares of Molina Healthcare (NYSE:MOH) traded down 1.04% during mid-day trading on Thursday, hitting $45.47. 22,855 shares of the company’s stock traded hands. Molina Healthcare has a 52 week low of $31.10 and a 52 week high of $47.00. The stock has a 50-day moving average of $44.2 and a 200-day moving average of $38.82. The company has a market cap of $2.104 billion and a P/E ratio of 77.62.

Molina Healthcare (NYSE:MOH) last announced its earnings results 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 will post $2.03 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Leerink Swann raised their price target on shares of Molina Healthcare from $40.00 to $45.00 in a research note on Monday, June 30th. Separately, analysts at Sterne Agee initiated coverage on shares of Molina Healthcare in a research note on Friday, June 27th. They set a “buy” rating and a $69.00 price target on the stock. Finally, analysts at Cantor Fitzgerald raised their price target on shares of Molina Healthcare from $35.00 to $40.00 in a research note on Thursday, May 15th.

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

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