Molina Healthcare (NYSE: MOH) is a multi-state managed care organization that arranges for the delivery of healthcare services to persons eligible for Medicaid and other government-sponsored programs for low-income families and individuals. The firm has about 1.2 million members in California, Michigan, Missouri, Nevada, New Mexico, Ohio, Texas, Utah and Washington. It also offers preventive health education, disease management and pharmacy management services. As well, it operates nineteen primary care clinics in California.

Shareholders were pleased with the company's investor day presentations last week, when management highlighted potential positive catalysts for the year and maintained the firm's 2008 profit guidance. Deutsche Bank, Credit Suisse and Wachovia analysts subsequently issued favorable remarks about Molina's prospects. The guidance was termed "conservative" and confidence was expressed in the firm's ability to meet it. M&A growth opportunities were also mentioned.

Continue reading Molina Healthcare (MOH): Share price cycles in bullish 'flag'

Molina Healthcare (MOH): Share price cycles in bullish 'flag' originally appeared on BloggingStocks on Thu, 05 Jun 2008 08:45:00 EST. Please see our terms for use of feeds.

Managing the healthcare needs of those dependent on government programs requires expertise on both the medical and regulatory sides of the equation. There is an outfit in Long Beach, California that handles the demands well enough to put up some solid financial numbers.

Molina Healthcare (NYSE: MOH) is a multi-state managed care organization that arranges for the delivery of healthcare services to persons eligible for Medicaid and other government-sponsored programs for low-income families and individuals. The firm has more than a million members in California, Michigan, New Mexico, Ohio, Texas, Utah and Washington. It also offers preventive health education, disease management and pharmacy management services. As well, it operates about twenty primary care clinics in California.

The company pleased investors last week, when it raised its earnings outlook for fiscal 2007. Management now sees EPS of $1.85-1.95, up from a prior forecast of $1.75-1.90. Analysts had been expecting $1.87.

Continue reading Molina Healthcare (MOH): Healthcare for low-income families

Molina Healthcare (MOH): Healthcare for low-income families originally appeared on BloggingStocks on Mon, 17 Sep 2007 15:30:00 EST. Please see our terms for use of feeds.