ModivCare Inc. (MODV)

NASDAQ: MODV · IEX Real-Time Price · USD
27.01
+0.39 (1.47%)
At close: May 14, 2024, 4:00 PM
28.00
+0.99 (3.67%)
After-hours: May 14, 2024, 5:53 PM EDT
1.47%
Market Cap 383.84M
Revenue (ttm) 2.78B
Net Income (ttm) -222.80M
Shares Out 14.21M
EPS (ttm) -15.71
PE Ratio n/a
Forward PE 5.48
Dividend n/a
Ex-Dividend Date n/a
Volume 155,651
Open 26.58
Previous Close 26.62
Day's Range 26.58 - 27.65
52-Week Range 19.64 - 56.63
Beta 0.43
Analysts Buy
Price Target 56.00 (+107.33%)
Earnings Date May 2, 2024

About MODV

ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and their members. The company operates through four segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Corporate and Other. The company offers risk underwriting, contact center management, network credentialing, claims management, and non-emergency medical transport management services for Medicaid or Medicare eligible members, whose limi... [Read more]

Sector Healthcare
Founded 1996
Employees 21,200
Stock Exchange NASDAQ
Ticker Symbol MODV
Full Company Profile

Financial Performance

In 2023, ModivCare's revenue was $2.76 billion, an increase of 9.73% compared to the previous year's $2.51 billion. Losses were -$204.46 million, 542.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MODV stock is "Buy." The 12-month stock price forecast is $56.0, which is an increase of 107.33% from the latest price.

Price Target
$56.0
(107.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Genesys Recognizes Modivcare as Winner of EX Mobilizer Award

DENVER--(BUSINESS WIRE)--Genesys®, a global cloud leader in AI-powered experience orchestration, announced Modivcare as the winner of the Employee Experience (EX) Mobilizer category in its 19th annual...

13 hours ago - Business Wire

Modivcare Reports First Quarter 2024 Financial Results; Maintains Guidance

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

12 days ago - Business Wire

Modivcare to Report First Quarter 2024 Financial Results

DENVER--(BUSINESS WIRE)--Modivcare Inc. (“Modivcare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

4 weeks ago - Business Wire

GE Vernova and Solventum Set to Join S&P 500; Dentsply Sirona to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK , March 27, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: Solventum Corp. (NYSE: SOLV) will be added to the S...

Other symbols: FOXFGEGEVMMMSOLVSSPVFC
6 weeks ago - PRNewsWire

Modivcare's NEMT Mobility App for Members Sets Best-in-Class Rankings and User Adoption, Pioneers New Advancements

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

2 months ago - Business Wire

Modivcare Reports Fourth Quarter and Full Year 2023 Financial Results; Issues 2024 Guidance

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions fo...

2 months ago - Business Wire

Modivcare and Jobs & Hope West Virginia Partnership Transforms Lives Across the State

CHARLESTON, W. Va.--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive ca...

3 months ago - Business Wire

Modivcare to Report Fourth Quarter and Full Year 2023 Financial Results

DENVER--(BUSINESS WIRE)--Modivcare Inc. (“Modivcare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

3 months ago - Business Wire

Modivcare Appoints New Chief Commercial Officer and Chief Strategy and Innovation Officer

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

4 months ago - Business Wire

Modivcare to Present at the 42nd Annual J.P. Morgan Healthcare Conference

DENVER--(BUSINESS WIRE)--Modivcare Inc., (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solution...

4 months ago - Business Wire

20 favorite small-cap stocks for 2024 among Wall Street analysts

The 2023 stock-market rally has been led by the “Magnificent Seven” companies, which have driven an accelerating upward trend for the large-cap benchmark S&P 500. Shares of smaller and medium-sized co...

5 months ago - Market Watch

Modivcare to Present at Upcoming Investor Conferences

DENVER--(BUSINESS WIRE)--Modivcare Inc., (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solution...

6 months ago - Business Wire

Modivcare Reports Third Quarter 2023 Financial Results; Maintains Guidance

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

6 months ago - Business Wire

Modivcare Announces Resignation of Stacy Saal from Board of Directors

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

7 months ago - Business Wire

Modivcare to Report Third Quarter 2023 Financial Results

DENVER--(BUSINESS WIRE)--Modivcare Inc. (“Modivcare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

7 months ago - Business Wire

Modivcare to Present at the Deutsche Bank 31st Annual Leveraged Finance Conference

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

8 months ago - Business Wire

Modivcare Announces Successful Implementation of AI Automated Omnichannel Cloud Solution to Improve NEMT Member Experience

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

8 months ago - Business Wire

Modivcare Appoints Henry “Enrique” Toledo as Chief People Officer

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

9 months ago - Business Wire

Modivcare Announces Barbara Gutierrez to Join as Chief Financial Officer

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

9 months ago - Business Wire

Modivcare Reports Second Quarter 2023 Financial Results and Adjusts 2023 Guidance

DENVER--(BUSINESS WIRE)--Modivcare Inc., (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solution...

10 months ago - Business Wire

Modivcare to Report Second Quarter 2023 Financial Results

DENVER--(BUSINESS WIRE)--Modivcare Inc. (“Modivcare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

10 months ago - Business Wire

Modivcare Appoints Jessica Kral as Chief Information Officer

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

1 year ago - Business Wire

Modivcare Releases 2022 Environmental, Social, and Governance Report Highlighting Commitment to Eliminating Inequities in Healthcare and Enhancing Sustainability Efforts

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

1 year ago - Business Wire

Modivcare Resolves Dispute With Former Chief Executive Officer

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions...

1 year ago - Business Wire

Mesmerize Expands Reach in Pharmacy and Grocery Locations with Higi Partnership

NEW YORK , May 16, 2023 /PRNewswire/ -- Mesmerize (www.mesmerize.com), a prominent media company specializing in patient education at the point of care, today announced a new partnership with Higi, a ...

1 year ago - PRNewsWire