In last trading session, ModivCare Inc (NASDAQ:MODV) saw 0.37 million shares changing hands with its beta currently measuring 1.28. Company’s recent per share price level of $3.0 trading at -$0.04 or -1.32% at ring of the bell on the day assigns it a market valuation of $43.06M. That closing price of MODV’s stock is at a discount of -994.0% from its 52-week high price of $32.82 and is indicating a premium of 71.0% from its 52-week low price of $0.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.67 million shares which gives us an average trading volume of 5.00 million if we extend that period to 3-months.
For ModivCare Inc (MODV), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
ModivCare Inc (NASDAQ:MODV) trade information
ModivCare Inc’s shares saw a change of -88.46% in year-to-date performance and have moved -6.54% in past 5-day. ModivCare Inc (NASDAQ:MODV) showed a performance of -7.69% in past 30-days. Number of shares sold short was 2.44 million shares which calculate 0.2 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 50.0% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would drop -100.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -100.0% for stock’s current value.
ModivCare Inc (MODV) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -121.49% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -631.46% while estimates for its earnings growth in next 5 years are of 18.36%.
ModivCare Inc (NASDAQ:MODV)’s Major holders
Insiders are in possession of 16.38% of company’s total shares while institution are holding 96.86 percent of that, with stock having share float percentage of 115.83%. Investors also watch the number of corporate investors in a company very closely, which is 96.86% institutions for ModivCare Inc that are currently holding shares of the company. COLISEUM CAPITAL MANAGEMENT, LLC is the top institutional holder at MODV for having 2.98 million shares of worth $78.27 million. And as of 2024-06-30, it was holding 20.9802 of the company’s outstanding shares.
The second largest institutional holder is NEUBERGER BERMAN GROUP LLC, which was holding about 1.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.7313 of outstanding shares, having a total worth of $43.76 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025, the former fund manager was holding 336.15 shares of worth $1.01 million or 2.34% of the total outstanding shares. The later fund manager was in possession of 266.9 shares on May 31, 2025, making its stake of worth around $0.8 million in the company or a holder of 1.86% of company’s stock.
