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Dynamic quotes 
OFFON

MOLINA HEALTHCARE, INC.

(MOH)
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Molina Healthcare, Inc. entered into an agreement to acquire Medicaid Managed Long Term Care business from AgeWell New York, LLC for approximately $110 million.

10/07/2021 EST

Molina Healthcare, Inc. (NYSE:MOH) entered into an agreement to acquire Medicaid Managed Long Term Care business from AgeWell New York, LLC for approximately $110 million on October 7, 2021. The purchase price is net of certain tax benefits and Molina’s target allocation of required regulatory capital. Molina intends to fund the purchase with cash on hand. For the year 2020, Managed Long term business reported a revenue of approximately $700 million. This transaction is subject to the receipt of applicable federal and state regulatory approvals and the satisfaction of other customary closing conditions, the closing of the transaction is expected to occur by the third quarter of 2022. The transaction is expected to be immediately accretive to Molina’s adjusted earnings per share. Scott Golenbock, Max Goodman, Joel Krasnow, Fiona Schaeffer and Nathaniel Browand of Milbank LLP acted as legal advisor to Molina Healthcare.


ę S&P Capital IQ 2021
All news about MOLINA HEALTHCARE, INC.
11/22Deutsche Bank Resumes Coverage on Molina Healthcare at Hold With $194 Price Target
MT
11/17INSIDER SELL : Molina Healthcare
MT
11/16MOLINA HEALTHCARE : Announces Closing of Offering of $750 Million of 3.875% Senior Notes D..
PU
11/16Molina Healthcare Closes $750 Million Senior Notes Private Offering
MT
11/16MOLINA HEALTHCARE, INC. : Entry into a Material Definitive Agreement (form 8-K)
AQ
11/16Molina Healthcare, Inc. Completes Private Offering of $750.0 Million Aggregate Principa..
CI
11/16Molina Healthcare Announces Closing of Offering of $750 Million of 3.875% Senior Notes ..
BU
11/09Molina Healthcare Appoints Jack Stephenson as Plan President of Molina Healthcare of Ne..
CI
11/02Molina Healthcare Announces Pricing of $750 Million of Senior Notes Due 2032 - Form 8-K
PU
11/02MOLINA HEALTHCARE, INC. : Entry into a Material Definitive Agreement, Other Events, Financ..
AQ
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Analyst Recommendations on MOLINA HEALTHCARE, INC.
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Financials (USD)
Sales 2021 27 543 M - -
Net income 2021 709 M - -
Net cash 2021 3 722 M - -
P/E ratio 2021 24,1x
Yield 2021 -
Capitalization 17 077 M 17 077 M -
EV / Sales 2021 0,48x
EV / Sales 2022 0,38x
Nbr of Employees 10 500
Free-Float 99,1%
Chart MOLINA HEALTHCARE, INC.
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Technical analysis trends MOLINA HEALTHCARE, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 292,42 $
Average target price 325,62 $
Spread / Average Target 11,4%
EPS Revisions
Managers and Directors
Joseph M. Zubretsky President, Chief Executive Officer & Director
Mark L. Keim Chief Financial Officer
Dale B. Wolf Non-Executive Chairman
Jason Dees Chief Medical Officer
Ronna E. Romney Vice Chairman
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