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Modivcare Inc. (MODV)
:MODV
MODV Stock Chart & Stats
Day’s Range― - ―
52-Week Range$3.64 - $44.87
Previous CloseN/A
Volume35.12K
Average Volume (3M)796.01K
Market Cap
$79.19M
Enterprise Value$1.42B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta0.22
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. Volume485,046
30 Day Avg. Volume796,015
Standard Deviation0.19
R-Squared0.02
Alpha-0.03
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)2.20
P/FCF Ratio13.30
Enterprise Value/Market Cap17.89
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.17
Enterprise Value/Ebitda73.96
Forecast
1Y Price Target
$8.42Price Target Upside51.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
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ModivCare News
PremiumCompany Announcements
ModivCare Appoints Erin Russell as New Director
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Bulls Say, Bears Say
Bulls Say
Capital InfusionModivCare has secured $75 million in incremental financing and an additional $30 million capital commitment, indicating a strong influx of capital.
Management ChangeThe appointment of a Chief Transformation Officer is expected to focus on asset divestitures, which could unlock significant value for ModivCare.
Potential ValuationManagement suggested that ModivCare should be valued based on a sum-of-the-parts analysis, which could yield a valuation of $50 per share, a significant premium to the current price.
Bears Say
Financial UncertaintyModivCare withdrew its financial guidance for FY/24 and FY/25 due to slower-than-expected expense reductions and contract headwinds.
Liquidity ConstraintsLiquidity constraints and broader macro uncertainty around Medicaid utilization and funding are significant concerns affecting ModivCare's long-term potential.
Speculative RiskThe price target for ModivCare has been lowered from $25 to $10 due to speculative risk and revised financial estimates.
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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 Inc.’s price range in the past 12 months?
Modivcare Inc. lowest stock price was $3.64 and its highest was $44.87 in the past 12 months.
What is Modivcare Inc.’s market cap?
Modivcare Inc.’s market cap is $79.19M.
When is Modivcare Inc.’s upcoming earnings report date?
Modivcare Inc.’s upcoming earnings report date is Feb 21, 2025 which is yesterday.
How were Modivcare Inc.’s earnings last quarter?
Currently, no data Available
Is Modivcare Inc. overvalued?
According to Wall Street analysts Modivcare Inc.’s price is currently Undervalued.
Does Modivcare Inc. pay dividends?
Modivcare Inc. does not currently pay dividends.
What is Modivcare Inc.’s EPS estimate?
Modivcare Inc.’s EPS estimate is 0.51.
How many shares outstanding does Modivcare Inc. have?
Modivcare Inc. has 14,293,881 shares outstanding.
What happened to Modivcare Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Modivcare Inc.?
Currently, no hedge funds are holding shares in MODV
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ModivCare Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$8.42 (51.99% Upside)
$8.42 (51.99% Upside)
Insider Transactions
Bought Shares
Worth $8.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-88.12%
12-Months-Change
Fundamentals
Return on Equity
-258.05%
Trailing 12-Months
Asset Growth
-6.31%
Trailing 12-Months
Company Description
Modivcare Inc.
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
$8.42
▲(51.99% Upside)
Technical Analysis
Best Analysts Covering MODV
1 Year
1 Year Success Rate
7/30 ratings generated profit
1 Year Average Return
-19.06%
reiterated a buy rating last month
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 -19.06% per trade.
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