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Molina Healthcare Stock: 3 Key Figures to Watch in 2023

1. Revenue Growth

Molina Healthcare's revenue has grown steadily over the past few years. In 2022, the company reported revenue of $37.2 billion, up 12.1% from the previous year. Molina Healthcare's revenue growth is expected to continue in 2023, with analysts forecasting 4.3% growth to $38.9 billion.

2. Earnings Per Share (EPS)

Molina Healthcare's EPS has also grown steadily in recent years. In 2022, the company reported EPS of $16.16, up 16.2% from the previous year. Molina Healthcare's EPS is expected to grow further in 2023, with analysts forecasting 6.8% growth to $17.26.

3. Return on Equity (ROE)

Molina Healthcare's ROE has been consistently high over the past few years. In 2022, the company reported ROE of 21.5%, up from 19.8% in the previous year. Molina Healthcare's ROE is expected to remain high in 2023, with analysts forecasting 20.3%.

molina healthcare stock

Key Trends in the Healthcare Industry

The healthcare industry is constantly evolving, and Molina Healthcare is well-positioned to benefit from key trends. These trends include:

  • The aging population: As the population ages, there will be an increasing demand for healthcare services. Molina Healthcare is well-positioned to meet this demand, as it has a large and growing membership base of Medicare and Medicaid beneficiaries.
  • The rise of chronic diseases: Chronic diseases, such as heart disease, diabetes, and cancer, are becoming more common. Molina Healthcare is well-positioned to meet the needs of patients with chronic diseases, as it has a strong focus on providing preventive care and disease management services.
  • The move towards value-based care: Value-based care is a healthcare delivery model that emphasizes the quality and cost of care. Molina Healthcare is well-positioned to succeed in a value-based care environment, as it has a strong track record of providing high-quality care at a low cost.

Summary

Molina Healthcare is a leading healthcare provider that is well-positioned to benefit from key trends in the industry. The company's revenue, EPS, and ROE are all expected to grow in 2023. Investors should consider buying Molina Healthcare stock for the long term.

Frequently Asked Questions

Is Molina Healthcare a good investment?

Yes, Molina Healthcare is a good investment for the long term. The company's revenue, EPS, and ROE are all expected to grow in 2023. Molina Healthcare is also well-positioned to benefit from key trends in the healthcare industry, such as the aging population, the rise of chronic diseases, and the move towards value-based care.

What is Molina Healthcare's stock symbol?

Molina Healthcare's stock symbol is MOH.

How much does Molina Healthcare stock cost?

As of March 9, 2023, Molina Healthcare stock closed at $288.84 per share.

How do I buy Molina Healthcare stock?

You can buy Molina Healthcare stock through a broker or directly from the company.

Molina Healthcare Stock: 3 Key Figures to Watch in 2023

Additional Resources

Conclusion

Molina Healthcare is a leading healthcare provider that is well-positioned to benefit from key trends in the industry. The company's revenue, EPS, and ROE are all expected to grow in 2023. Investors should consider buying Molina Healthcare stock for the long term.

Time:2024-12-31 12:39:14 UTC

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