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ModivCare (MODV)
NASDAQ:MODV
ModivCare (MODV) Stock Price & Analysis
136 Followers
MODV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.64 - $56.63
Previous Close$27.01
Volume31.43K
Average Volume (3M)326.79K
Market Cap
$386.39M
Enterprise Value$1.52B
Total Cash (Recent Filing)$2.20M
Total Debt (Recent Filing)$1.14B
Price to Earnings (P/E)-1.7
Beta0.70
Next Earnings
Aug 01, 2024EPS Estimate
$0.83Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-15.72
Shares Outstanding14,210,882
10 Day Avg. Volume311,099
30 Day Avg. Volume326,786
Standard Deviation0.15
R-Squared0.02
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-0.57
Price to Sales (P/S)76.20
Price to Cash Flow (P/CF)-3.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.74
Enterprise Value/Gross Profit0.55
Enterprise Value/Ebitda-23.30
Forecast
1Y Price Target
$43.00Price Target Upside58.15% Upside
Rating ConsensusHold
Number of Analyst Covering4
ModivCare News
PremiumCompany Announcements
ModivCare Enhances Transparency with Investor Presentation Release
PremiumCompany Announcements
ModivCare Updates Severance Terms for President Anne Bailey
PremiumCompany Announcements
ModivCare Announces Leadership Transition and Strategic Continuity
Bulls Say, Bears Say
Bulls Say
Cash FlowCash flow from operations was positively impacted by the partial collection of a significant receivable.
EarningsModivCare generated $684.5 million in service revenue, exceeding analyst expectations.
ProfitabilityAdjusted EPS of -$0.09 beat the more negative analyst estimate of -$0.18.
Bears Say
Analyst SentimentAnalyst downgrades MODV to Hold due to skepticism over FY24 EBITDA guidance, which falls 10% short of Street estimates.
Debt And Cash Flow ConcernsModivcare's free cash flow was negative in Q4, leading to covenant breaches due to its $1.0B debt load.
Financial GuidanceModivCare provided disappointing initial 2024 financial guidance below previous models.
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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 $56.63 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 01, 2024 which is in 78 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 $0.83.
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 Royce & Associates LLC. It holds ModivCare’s shares valued at 6M.
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ModivCare Stock Smart Score
Underperform
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10
Analyst Consensus
Hold
Average Price Target:
$43.00 (58.15% Upside)
$43.00 (58.15% Upside)
Hedge Fund Trend
Decreased
By 105.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.39%
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
$43.00
▲(58.15% Upside)
Technical Analysis
Best Analysts Covering MODV
1 Year
1 Year Success Rate
2/5 ratings generated profit
1 Year Average Return
-6.70%
reiterated a buy rating 10 days ago
Copying Brooks O'Neil's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of -6.70% per trade.
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