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ModivCare (MODV)
NASDAQ:MODV
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MODV Stock Chart & Stats
Day’s Range― - ―
52-Week Range$4.90 - $52.33
Previous CloseN/A
Volume35.12K
Average Volume (3M)558.04K
Market Cap
$74.69M
Enterprise Value$1.42B
Total Cash (Recent Filing)$72.26M
Total Debt (Recent Filing)$1.89M
Price to Earnings (P/E)―
Beta0.19
Next Earnings
Feb 21, 2025EPS Estimate
0.51Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-12.87
Shares Outstanding14,293,881
10 Day Avg. Volume1,174,757
30 Day Avg. Volume558,043
Standard Deviation0.17
R-Squared0.03
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.03
Price to Cash Flow (P/CF)2.00
P/FCF Ratio12.10
Enterprise Value/Market Cap18.97
Enterprise Value/Revenue0.68
Enterprise Value/Gross Profit3.17
Enterprise Value/Ebitda47.39
Forecast
1Y Price Target
$10.81Price Target Upside116.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
ModivCare News
Bulls Say, Bears Say
Bulls Say
Contractual And Operational ImprovementsThe transition to fee for service agreements is expected to improve cash collection timing and visibility.
Financial PerformanceModivCare has secured $75 million in incremental financing and an additional $30 million capital commitment, indicating a strong influx of capital.
Strategic ManagementThe appointment of a Chief Transformation Officer is expected to focus on asset divestitures, which could unlock significant value for ModivCare.
Bears Say
Debt And Cash FlowModivCare has a net leverage ratio of 5.6x and is likely to experience negative cash flows in the near term.
Financial PerformanceModivCare generated $702.0 million in service revenue, which was below the consensus estimate of $714.9 million.
Liquidity And Credit ConcernsThe company has been unable to reach a definitive agreement with lenders for a new credit agreement leading to financial instability.
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Ownership Overview
41.86% Insiders
13.87% Mutual Funds
0.28% Other Institutional Investors
33.78% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MODV FAQ
What was ModivCare’s price range in the past 12 months?
ModivCare lowest stock price was $4.90 and its highest was $52.33 in the past 12 months.
What is ModivCare’s market cap?
ModivCare’s market cap is $74.69M.
When is ModivCare’s upcoming earnings report date?
ModivCare’s upcoming earnings report date is Feb 21, 2025 which is in 23 days.
How were ModivCare’s earnings last quarter?
ModivCare released its earnings results on Nov 06, 2024. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.616 by -$0.166.
Is ModivCare overvalued?
According to Wall Street analysts ModivCare’s price is currently Undervalued.
Does ModivCare pay dividends?
ModivCare does not currently pay dividends.
What is ModivCare’s EPS estimate?
ModivCare’s EPS estimate is 0.51.
How many shares outstanding does ModivCare have?
ModivCare has 14,293,881 shares outstanding.
What happened to ModivCare’s price movement after its last earnings report?
ModivCare reported an EPS of $0.45 in its last earnings report, missing expectations of $0.616. Following the earnings report the stock price went up 6.195%.
Which hedge fund is a major shareholder of ModivCare?
Currently, no hedge funds are holding shares in MODV
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ModivCare Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$10.81 (116.63% Upside)
$10.81 (116.63% Upside)
Hedge Fund Trend
Increased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $12.3M over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-87.72%
12-Months-Change
Fundamentals
Return on Equity
-258.05%
Trailing 12-Months
Asset Growth
-6.31%
Trailing 12-Months
Company Description
ModivCare
Providence Service Corp. engages in the provision of home and community-based social services and non-emergency transportation services. It operates through the following business segments: Non-Emergency Transportation (NET) Services, Matrix Investment, and Corporate and Other. The NET Services segment operates under the brands LogistiCare and Circulation, which offers non-emergency medical transportation service for state governments and managed care organizations. The Matrix Investment segment provides home and mobile-based healthcare services for health plans. The Corporate and Other segment consists of executive, accounting, finance, internal audit, tax, legal, public reporting, certain strategic and corporate development functions and the results of its captive insurance company. The company was founded by Fletcher Jay McCusker in December 1996 and is headquartered in Stamford, CT.
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MODV Company Deck
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MODV Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive operational improvements and revenue growth alongside significant challenges, particularly in the Medicare Advantage market and debt management. While strategic initiatives have led to cost savings and contract wins, the company faces ongoing financial pressures and market headwinds.Read More>---
MODV Stock 12 Month Forecast
Average Price Target
$10.81
▲(116.63% Upside)
Technical Analysis
Best Analysts Covering MODV
1 Year
1 Year Success Rate
7/30 ratings generated profit
1 Year Average Return
-19.11%
reiterated a buy rating 16 days ago
Copying Michael Petusky's trades and holding each position for 1 Year would result in 23.33% of your transactions generating a profit, with an average return of -19.11% per trade.
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