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ModivCare (MODV)
NASDAQ:MODV
ModivCare (MODV) Stock Price & Analysis
139 Followers
MODV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.64 - $52.66
Previous Close$23.59
Volume78.56K
Average Volume (3M)173.68K
Market Cap
$335.23M
Enterprise Value$1.47B
Total Cash (Recent Filing)$10.30M
Total Debt (Recent Filing)$1.15B
Price to Earnings (P/E)―
Beta0.84
Next Earnings
Aug 07, 2024EPS Estimate
$0.77Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-15.72
Shares Outstanding14,210,882
10 Day Avg. Volume136,543
30 Day Avg. Volume173,684
Standard Deviation0.15
R-Squared0.03
Alpha-0.00927
Financial Highlights & Ratios
Price to Book (P/B)-0.37
Price to Sales (P/S)0.54
Price to Cash Flow (P/CF)-3.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.71
Enterprise Value/Gross Profit3.30
Enterprise Value/Ebitda-18.62
Forecast
1Y Price Target
$50.00Price Target Upside110.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
ModivCare News
PremiumCompany Announcements
ModivCare’s Strategic Financial Revamp and Debt Restructuring
PremiumCompany Announcements
ModivCare Enhances Transparency with Investor Presentation Release
PremiumCompany Announcements
ModivCare Updates Severance Terms for President Anne Bailey
Bulls Say, Bears Say
Bulls Say
Financial PerformanceModivCare generated $684.5 million in service revenue, surpassing both the estimate of $669.1 million and the consensus estimate of $663.9 million.
Growth OpportunityModivcare is uniquely positioned to provide a suite of integrated, supportive care services to a large number of people in need, creating substantial value for investors.
ProfitabilityAdjusted EPS of -$0.09 was better than the estimate of -$0.18, indicating an improvement in profitability.
Bears Say
Business TrendsRecent trends in MODV’s personal care business are not very encouraging.
EarningsLowering the 2024 adjusted EPS estimate to $3.30 from $4.00.
Financial PerformanceA highly leveraged balance sheet and a likely lack of meaningful free cash flow generation present significant risks.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
MODV FAQ
What was ModivCare’s price range in the past 12 months?
ModivCare lowest stock price was $19.64 and its highest was $52.66 in the past 12 months.
What is ModivCare’s market cap?
Currently, no data Available
When is ModivCare’s upcoming earnings report date?
ModivCare’s upcoming earnings report date is Aug 07, 2024 which is in 15 days.
How were ModivCare’s earnings last quarter?
ModivCare released its earnings results on May 02, 2024. The company reported -$0.09 earnings per share for the quarter, missing the consensus estimate of $0.268 by -$0.358.
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 $0.77.
How many shares outstanding does ModivCare have?
ModivCare has 14,210,882 shares outstanding.
What happened to ModivCare’s price movement after its last earnings report?
ModivCare reported an EPS of -$0.09 in its last earnings report, missing expectations of $0.268. Following the earnings report the stock price went up 22.839%.
Which hedge fund is a major shareholder of ModivCare?
Among the largest hedge funds holding ModivCare’s share is Saba Capital Management. It holds ModivCare’s shares valued at 4M.
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ModivCare Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$50.00 (110.53% Upside)
$50.00 (110.53% Upside)
Hedge Fund Trend
Increased
By 61.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 5.6%
Last 30 Days ▼ 5.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-54.22%
12-Months-Change
Fundamentals
Return on Equity
-91.51%
Trailing 12-Months
Asset Growth
-9.14%
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
Q1 2024
0:00 / 0:00
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MODV Stock 12 Month Forecast
Average Price Target
$50.00
▲(110.53% Upside)
Technical Analysis
Best Analysts Covering MODV
1 Year
1 Year Success Rate
1/6 ratings generated profit
1 Year Average Return
-9.90%
reiterated a buy rating 15 days ago
Copying Brooks O'Neil's trades and holding each position for 1 Year would result in 16.67% of your transactions generating a profit, with an average return of -9.90% per trade.
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