ModivCare Inc. (MODV)

NASDAQ: MODV · Real-Time Price · USD
11.18
+0.05 (0.45%)
Dec 23, 2024, 11:34 AM EST - Market open
0.45%
Market Cap 159.69M
Revenue (ttm) 2.79B
Net Income (ttm) -183.04M
Shares Out 14.28M
EPS (ttm) -12.88
PE Ratio n/a
Forward PE 5.13
Dividend n/a
Ex-Dividend Date n/a
Volume 63,939
Open 11.29
Previous Close 11.13
Day's Range 10.77 - 11.46
52-Week Range 10.63 - 52.33
Beta 0.54
Analysts Buy
Price Target 27.25 (+143.74%)
Earnings Date Nov 6, 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 $2.75 billion, an increase of 9.85% compared to the previous year's $2.50 billion. Losses were -$204.46 million, 542.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for MODV stock is "Buy." The 12-month stock price forecast is $27.25, which is an increase of 143.74% from the latest price.

Price Target
$27.25
(143.74% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Top 3 Health Care Stocks That May Explode In Q4

The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.

Other symbols: OLMASLN
5 days ago - Benzinga

ModivCare, Inc. (MODV) Q3 2024 Earnings Call Transcript

ModivCare, Inc. (NASDAQ:MODV) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Kevin Ellich - Head of Investor Relations Heath Sampson - President and Chief Executive...

6 weeks ago - Seeking Alpha

Modivcare Reports Third Quarter 2024 Financial Results; Affirms 2024 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 weeks ago - Business Wire

Modivcare and Tenovi Partner to Advance Respiratory Care, Lower Hospitalizations, and Cut Costs with Adherium's Hailie® Smart Inhalers

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Modivcare Inc., a leading technology-enabled healthcare services company that provides a platform of integrated supportive care solutions, through its wholly owned s...

2 months ago - Business Wire

Modivcare to Report Third 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...

2 months ago - Business Wire

Modivcare Boosts Health Care Experiences with Genesys Cloud AI

SAN FRANCISCO--(BUSINESS WIRE)--Genesys®, a global cloud leader in AI-powered experience orchestration, announced Modivcare, a top provider of non-emergency medical transportation (NEMT), monitoring a...

2 months ago - Business Wire

ModivCare Inc (MODV) Shares Up 25.09% on Oct 2

Shares of ModivCare Inc (MODV, Financial) surged 25.09% in mid-day trading on Oct 2. The stock reached an intraday high of $19.13, before settling at $18.11, up from its previous close of $14.48.

2 months ago - GuruFocus

Modivcare Announces Credit Agreement Amendment and Cash Collections Update

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...

2 months ago - Business Wire

Modivcare Foundation and Build Jake's Place Join Forces to Increase Play Opportunities in New Jersey

CHERRY HILL, N.J.--(BUSINESS WIRE)--Modivcare Foundation, the philanthropic foundation of Modivcare (Nasdaq:MODV), is proud to highlight its support of Build Jake's Place, an organization dedicated to...

3 months ago - Business Wire

Modivcare Provides Financial Update

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

3 months ago - Business Wire

Dow Surges Over 100 Points; ModivCare Shares Plummet

U.S. stocks traded higher toward the end of trading, with the Dow Jones index surging more than 200 points on Thursday.

3 months ago - Benzinga

Modivcare Partners with American College of Cardiology to Launch Caring Hearts Initiative in New Jersey

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

4 months ago - Business Wire

Portland Medicaid Transportation Driver Ben Fasulo Earns Modivcare Maine Driver of the Month

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

4 months ago - Business Wire

ModivCare Inc. (MODV) Q2 2024 Earnings Call Transcript

ModivCare Inc. (NASDAQ:MODV) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Kevin Ellich – Head-Investor Relations Heath Sampson – President and Chief Executive Offic...

4 months ago - Seeking Alpha

Modivcare Reports Second Quarter 2024 Financial Results; Adjusts 2024 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...

4 months ago - Business Wire

Modivcare Expands Partnership with BayCare to Enhance Community Health Initiatives

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a healthcare services company integrating technology into personalized care experiences, focused on improving hea...

5 months ago - Business Wire

Modivcare to Report Second 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...

5 months ago - Business Wire

Modivcare Announces Successful Refinancing

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...

6 months ago - Business Wire

Modivcare Releases 2023 Sustainability Report Highlighting Responsible Business Practices and Advancements in Environmental Management

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 Upcoming Investor Conferences

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 Unveils Integration Hub: Revolutionizing Access to NEMT Benefits

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

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...

7 months ago - Business Wire

ModivCare Inc. (MODV) Q1 2024 Earnings Call Transcript

ModivCare Inc. (NASDAQ:MODV) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Kevin Ellich - Head of Investor Relations Heath Sampson - President & Chief Executive Officer...

8 months ago - Seeking Alpha

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...

8 months 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...

9 months ago - Business Wire