Molina Healthcare Stock Plummets, Analysts Divided

Molina Healthcares stock plummets 52.2% in a year, with a staggering 70% drop in earnings per share. Despite a 11% revenue growth, higher-than-expected costs in its ACA marketplace segment and lowered full-year guidance contribute to the decline. Analysts now predict a 38.4% year-over-year earnings per share decline for the current fiscal year. However, some remain optimistic, with one analyst reiterating a Buy rating and a price target of $220.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.