ModivCare Inc (NASDAQ:MODV)’s traded shares stood at 0.51 million during the last session, with the company’s beta value hitting 0.57. At the close of trading, the stock’s price was $3.30, to imply a decrease of -18.01% or -$0.73 in intraday trading. The MODV share’s 52-week high remains $33.64, putting it -919.39% down since that peak but still an impressive -10.3% since price per share fell to its 52-week low of $3.64.
Analysts have given a consensus recommendation of Buy for ModivCare Inc (MODV), translating to a mean rating of 2.20. Of 2 analyst(s) looking at the stock, 0 analyst(s) give MODV a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.17.
ModivCare Inc (NASDAQ:MODV) trade information
After registering a -18.01% downside in the last session, ModivCare Inc (MODV) has traded red over the past five days. The 5-day price performance for the stock is -34.65%, and -28.42% over 30 days. With these gigs, the year-to-date price performance is -72.13%.
The extremes give us $17 and $30 for target low and target high price respectively. As such, MODV has been trading -809.09% off suggested target high and -415.15% from its likely low.
ModivCare Inc (MODV) estimates and forecasts
The rating firms project that company’s revenue will grow 1.34% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 703.3M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 706.77M.Earnings reports from the last fiscal year show that sales brought in 702.83M and 684.45M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 0.07% before jumping 3.26% in the following quarter.
MODV Dividends
ModivCare Inc has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is NEUBERGER BERMAN GROUP LLC with 1.67 million shares, or about 11.7436% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $43.76 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the ModivCare Inc (MODV) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 347.17 shares. This is just over 2.43% of the total shares, with a market valuation of $1.15 million. Data from the same date shows that the other fund manager holds a little less at 290.5, or 2.03% of the shares, all valued at about 0.96 million.
