Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Molina Healthcare, Inc.    MOH

MOLINA HEALTHCARE, INC.

(MOH)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Molina Healthcare : Infographic – “Strategically and Financially Attractive Acquisition"

09/29/2020 | 06:15am EST

STRATEGICALLY AND FINANCIALLY

ATTRACTIVE ACQUISITION

Continues Molina's growth strategy momentum

TRANSACTION DETAILS

HIGHLIGHTS

~$380M

Net purchase price, including required regulatory capital

Expected to close

in the second quarter of 2021

Funded

Using cash on hand

Will add ~284,000

Medicaid members in New York, the country's second largest Medicaid market

Immediately accretive to

Molina adjusted EPS

Highly complementary

strategic fit with core Medicaid and high acuity membership

PRO FORMA NEW YORK STATE PRESENCE1 EXCEEDS $2.3B IN PREMIUM REVENUE

Molina Existing Business

Affinity

Magellan Complete

Care & Affinity

Opportunity for Significant Fixed Cost Leverage

Overlapping footprint and

complementary products with pending Magellan Complete Care acquisition

Significant value creation

opportunities through

improving underperforming business to Molina margins

At less than 30% of

approximately $1.3B in TTM premium revenues, purchase price is extremely attractive

"The addition of Affinity is yet another important marker in activating our growth strategy, and is a perfect product line and geographic fit. We believe Molina's strengths, including its strong balance sheet and demonstrated operating capabilities, will allow us to strengthen the financial base of Affinity and improve the business's cost structure and operating margins."

JOE ZUBRETSKY, CEO MOLINA HEALTHCARE

1Includes Molina, YourCare and pending MCC and Affinity counties. See safe harbor statement and disclaimer regarding forward-looking statements in the accompanying Form 8-K filed with the SEC on September 29, 2020.

Disclaimer

Molina Healthcare Inc. published this content on 29 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2020 10:14:05 UTC


© Publicnow 2020
All news about MOLINA HEALTHCARE, INC.
01/21MOLINA HEALTHCARE : Goldman Sachs Starts Molina Healthcare at Neutral With $217 ..
MT
01/14MOLINA HEALTHCARE, INC. : Regulation FD Disclosure, Financial Statements and Exh..
AQ
01/14MOLINA HEALTHCARE : JP Morgan Healthcare Conference
PU
01/11INSIDER TRENDS : Insider at Molina Healthcare Sale for Taxes Adds to 90-Day Sell..
MT
01/05MOLINA HEALTHCARE : Truist Adjusts Price Target on Molina Healthcare to $260 Fro..
MT
01/04MOLINA HEALTHCARE, INC. : Regulation FD Disclosure, Financial Statements and Exh..
AQ
01/04MOLINA HEALTHCARE : Announces the Closing of its Acquisition of Magellan Complet..
BU
2020MOLINA HEALTHCARE : Inc. to Present at 39th Annual J.P. Morgan Healthcare Confer..
BU
2020MOLINA HEALTHCARE : Announces Fourth Quarter and Year-End 2020 Earnings Release ..
AQ
2020OPTIONS : Option Implied Volatility for Hospital Groups During COVID-19 Vaccine ..
MT
More news
Financials (USD)
Sales 2020 19 450 M - -
Net income 2020 694 M - -
Net cash 2020 2 123 M - -
P/E ratio 2020 19,4x
Yield 2020 -
Capitalization 13 333 M 13 333 M -
EV / Sales 2020 0,58x
EV / Sales 2021 0,40x
Nbr of Employees 10 000
Free-Float 99,3%
Chart MOLINA HEALTHCARE, INC.
Duration : Period :
Molina Healthcare, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MOLINA HEALTHCARE, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 235,58 $
Last Close Price 224,84 $
Spread / Highest target 26,8%
Spread / Average Target 4,78%
Spread / Lowest Target -13,7%
EPS Revisions
Managers and Directors
NameTitle
Joseph M. Zubretsky President, Chief Executive Officer & Director
Dale B. Wolf Chairman
Thomas L. Tran Chief Financial Officer & Treasurer
Jason Dees Chief Medical Officer
Ronna E. Romney Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
MOLINA HEALTHCARE, INC.5.72%13 333
UNITEDHEALTH GROUP-0.89%330 009
CIGNA CORPORATION5.72%79 511
ANTHEM, INC.-1.78%78 434
HUMANA INC.-1.24%53 466
CENTENE CORPORATION1.50%35 327