Assessing Molina Healthcare’s Value Amid Government Subsidy Negotiations and Recent Price Drop
If you are sitting on the fence about Molina Healthcare, you are not alone. With the stock closing at $188.56 and sporting a value score of 5 out of 6, meaning it is undervalued in five critical metrics, the market story here is far from over. In fact, it has been a wild ride: over the past seven days, shares have dropped 5.9%, while the last 30 days saw a healthy rebound of 6.9%. Yet, if you zoom out, Molina is still down about 34% year-to-date and off nearly 47% from where it traded three years back. These swings are not happening in a vacuum.
Recent policy headlines have played their part. Debates in Washington over health insurance subsidies and looming rate hikes on ACA marketplace plans have kept investors tuned in, with…
