Healthcare / Healthcare Plans

Molina Healthcare, Inc. (MOH)

$179.86
-1.85%
$9.0B
Market Cap
46.4
P/E Ratio
0.85
Beta
Dividend Yield
Piotroski 4/9Altman Z 4.2 SafeBeneish M -1.92 Flag (> −2.22)ROIC−WACC +0.7%

Quantitative Summary

Deterministic

MOH trades at 46.4x earnings, roughly in line with its sector average of 65.2x. Financial health is average: Piotroski 4/9, Altman Z 4.2. Beneish M-Score of -1.92 exceeds the -2.22 academic threshold — earnings quality may warrant further review.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

The fundamental economics of Molina Healthcare reveal a capital allocation strategy that generates modest value creation, evidenced by an ROIC-WACC spread of only 0.9%, indicating the firm earns just slightly above its cost of equity. This thin margin on invested capital is driven primarily by high financial leverage rather than operational efficiency or pricing power; while asset turnover remains robust at 2.92x, the net margin compresses to a mere 1.0%, resulting in an ROE of 11.6% that relies heavily on its equity multiplier of 3.83x. Credit and earnings quality metrics present a mixed picture: although the Altman Z-Score of 4.2 suggests a low probability of bankruptcy, the Piotroski F-Score of 4/9 signals moderate financial distress relative to peers, while the negative Beneish M-Score of -1.92 points toward clean earnings without obvious manipulation incentives.

Valuation dynamics show a significant discount relative to sector norms, with a current P/E of 16.4x trading well below the healthcare sector average of 37.0x. This compression likely reflects market skepticism regarding the company's ability to sustain growth given its low net margins and modest ROIC spread, rather than an intrinsic undervaluation supported by superior profitability factors. The stock appears priced for continued revenue expansion at 11.8% YoY, yet the Fama-French alpha of -64.34% indicates that over time, the security has underperformed relative to a standard market-cap weighted benchmark after adjusting for size and value characteristics.

Risk assessment highlights a divergence between insider sentiment and broad factor performance; despite a negative alpha driven by profitability (RMW: -0.037) and neutral value exposure (HML: 0.079), there is $25,786 in net insider buying over the last ninety days. This modest capital inflow from management may suggest confidence in near-term operational execution despite the broader statistical underperformance relative to factor models, creating a scenario where idiosyncratic catalysts could potentially decouple price action from historical risk premiums.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

Valuation Context

46.4x
MOH P/E
65.2x
Sector Avg
26.7x
5Y Avg P/E
-29%
vs Sector

Currently trading 39% below its 5-year average P/E of 26.7x.

Price Chart with Moving Averages

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SMA 50 SMA 200

Technical Setup

AI Generated

Molina Healthcare, Inc. is currently trading at $145.88 within the healthcare sector, presenting a scenario where price action must be weighed against broader market volatility and fundamental stability. The current level sits as a critical juncture for assessing whether recent movements represent a sustainable structural shift or a fragile momentum dependent on immediate external support. In this environment, any significant deviation from this price point could rapidly alter the risk profile, particularly if underlying fundamentals fail to reinforce the technical stance observed at these levels. The interplay between the current valuation and sector-specific headwinds suggests that volatility may be elevated as market participants digest mixed signals regarding long-term viability versus short-term gains. Without corroborating fundamental data confirming a durable recovery or growth trajectory, the momentum displayed near $145.88 appears susceptible to sharp corrections should confidence wane. This setup implies a delicate balance where downside protection becomes paramount if the price struggles to maintain its position against potential sell pressure inherent in uncertain macroeconomic conditions for healthcare providers. Ultimately, the technical picture at this juncture highlights the necessity of monitoring how quickly capital flows adjust to any new information that could destabilize the current equilibrium. The absence of confirmed structural support means that while the asset remains active, it operates with a heightened sensitivity to market sentiment shifts. Stakeholders must carefully evaluate whether the resilience seen so far is rooted in solid operational performance or merely temporary liquidity dynamics before forming views on future trajectory.

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

4/9
Piotroski F-Score
Average — mixed operational signals
4.2
Altman Z-Score
Safe Zone — above 3.0 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-1.92
Beneish M-Score
Above threshold — earnings quality may warrant further review per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

9.0%
Gross Margin
1.0%
Net Margin
7.5%
ROIC
6.9%
WACC
ROIC − WACC Spread: +0.7%— Positive spread.
+11.8%
Revenue Growth (YoY)
-60.0%
Earnings Growth (YoY)
-636.0M
Free Cash Flow

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

1.0%
Net Profit Margin
NI ÷ Revenue
×
2.92x
Asset Turnover
Revenue ÷ Assets
×
3.83x
Equity Multiplier
Assets ÷ Equity
=
11.6%
Return on Equity
⚠️ High equity multiplier — ROE is being amplified by leverage, not operational excellence.

Balance Sheet Health

2.83x
Debt / Equity
1.69x
Current Ratio
4.1x
Interest Coverage
-0.5x
Net Debt / EBITDA
-8.94%
FCF Yield
976.0M
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
+$25,786
Net Buying
1
Buy Transactions
1
Sale Transactions
2026-03-12ROMNEY RONNA ESold 3/8 qtrsSale$74,342
2026-02-27HEBERT MAURICE SSold 1/8 qtrsGrant$400,086
2026-02-27KEIM MARK LOWELLGrant$4M
2026-02-27BACON DEBRAGrant$1M
2026-02-27ZUBRETSKY JOSEPH M.Grant$10M

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $5.96
Act: $6.08
+2.1%
Q3
✗ Miss
Est: $5.53
Act: $5.48
-0.9%
Q2
✗ Miss
Est: $3.89
Act: $1.84
-52.7%
Q1
✗ Miss
Est: $0.33
Act: $-2.75
-921.5%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Risk Profile

56.9%
Annual Volatility
-1.17
Sharpe (1Y)
-65.3%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

-0.00
Market β
Mkt-RF
+0.285
Size (SMB)
Small-cap tilt
+0.079
Value (HML)
Neutral
-0.037
Profit (RMW)
Neutral
+0.912
Invest (CMA)
Conservative
Alpha (annual): -64.34%
R²: 2.4%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

18.9
Forward P/E
1.66
PEG Ratio
2.21
Price/Book
1M
Avg Volume
$311.52
52W High
$121.06
52W Low
31%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$1.6B
Tracked Passive Exposure
8
ETFs Holding MOH
0.09%
Avg Weight in ETFs
$1.8T
Total ETF AUM

When investors buy or sell ETFs like XHS or IJS, the fund manager is mechanically forced to buy or sell MOH shares regardless of Molina Healthcare, Inc.'s individual fundamentals. We estimate $1.6B of passive capital is structurally linked to MOH through 8 tracked ETFs. Index rebalances and ETF creation/redemption cycles can create noticeable volume spikes unrelated to company news.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Molina Healthcare, Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

MOH Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
MOHEpicenterIVVETFVBETFIWFETFHUMLow RiskBTSGLow RiskCLOVUnknownCNCMed RiskASTHUnknown
MOH Price Drop (%)0

If Molina Healthcare, Inc. (MOH) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies HUMANA INC (HUM) as the most exposed collateral stock, sharing 1 ETFs with MOH. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 22 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

MOH Ownership Dynamics

Passive funds hold 1 in every 8 MOH shares, reducing daily market volatility.

Ticker
MOH
Total Shares
52M
ETF Lock-Up
13.3%
Display Mode
Total Float Impact
13.3%Locked Float

Molina Healthcare, Inc. (MOH) exerts measurable gravity on the passive index market, currently representing 2.2% of the XHS (XHS) and 1.2% of the IJS (IJS). Across 21 tracked ETFs, approximately 7M shares (13.3% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 21 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

MOH Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
MOH
PRICE
$179.86
FLOOR (POC)
$144.87
STRENGTH
High
$126$13510%$145POC 18%$15413%$16412%$17312%$18313%$179.86$1929%$202$212$221$231$240$250$259$269$278$288$297$307
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Molina Healthcare, Inc. over the past year sits near $144.87 (18% of 252-day volume). The current price of $179.86 trades 24.2% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target. The highly concentrated volume profile (18% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

MOH Capital Efficiency

How efficiently does Molina Healthcare, Inc. convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$-636,000,000
EBITDA
$976M
FCF Conversion
-65%
Reinvestment Rate
165%
-65% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
7.5%
ROIC − WACC Spread
0.7%

Molina Healthcare, Inc. converts -65% of its EBITDA into free cash flow, negative FCF conversion — the company is consuming cash faster than it generates EBITDA, which is unsustainable long-term. The 165% reinvestment rate signals aggressive capacity expansion. The positive ROIC-WACC spread of 0.7% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-121$185.19$185.19
2026-04-241,456$174.70$254,363.2
2026-04-202$148.97$297.94
2026-04-1696$146.80$14,092.8
2026-04-087,396$141.53$1.0M
2026-03-315$131.47$657.35
2026-03-2411,675$135.24$1.6M
2026-03-233$139.41$418.23
2026-03-2029,269$142.21$4.2M
2026-03-0554,537$150.04$8.2M
2026-03-0253$154.05$8,164.65
2026-02-261,529$145.55$222,545.95
2026-02-25103,257$148.31$15.3M
2026-02-1822$135.68$2,984.96
2026-02-1717$135.35$2,300.95
2026-02-0472$181.40$13,060.8
2026-02-0313,098$181.18$2.4M
2026-01-22286$194.60$55,655.6
2026-01-21455$191.27$87,027.85
2026-01-203,075$191.40$588,555
2026-01-0516,946$178.46$3.0M
2026-01-021,730$173.54$300,224.2
2025-12-226,800$163.69$1.1M
2025-12-19123$162.72$20,014.56
2025-11-25700$145.30$101,710
2025-11-103,358$152.06$510,617.48
2025-11-056,214$151.69$942,601.66
2025-11-041,442$147.03$212,017.26
2025-10-2720$163.32$3,266.4
2025-10-2484$161.00$13,524

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
CNC0.6720.493Moderate
ELV0.5440.321Moderate
UNH0.3560.283Moderate
HUM0.3510.326Moderate
CVS0.3490.251Moderate
DVA0.3430.281Moderate
CI0.3320.234Moderate
MMC0.3230.286Moderate
MRSH0.3060.254Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare MOH to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.