ModivCare Inc. (MODV)

NASDAQ: MODV · Real-Time Price · USD
14.12
+1.36 (10.66%)
At close: Sep 13, 2024, 4:00 PM
14.05
-0.07 (-0.50%)
After-hours: Sep 13, 2024, 7:34 PM EDT
10.66%
Market Cap 201.07M
Revenue (ttm) 2.77B
Net Income (ttm) -160.74M
Shares Out 14.24M
EPS (ttm) -11.33
PE Ratio n/a
Forward PE 3.51
Dividend n/a
Ex-Dividend Date n/a
Volume 1,701,258
Open 13.00
Previous Close 12.76
Day's Range 12.03 - 14.74
52-Week Range 11.00 - 52.33
Beta 0.54
Analysts Buy
Price Target 34.75 (+146.11%)
Earnings Date Oct 31, 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 $34.75, which is an increase of 146.11% from the latest price.

Price Target
$34.75
(146.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

1 day 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...

16 days 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 ...

24 days 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...

5 weeks 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...

5 weeks 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...

7 weeks 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...

2 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...

2 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...

4 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...

4 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...

4 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...

4 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...

4 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...

4 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...

5 months 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 months 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...

6 months ago - Business Wire

ModivCare Inc. (MODV) Q4 2023 Earnings Call Transcript

ModivCare Inc. (MODV) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

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...

7 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...

7 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...

8 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...

8 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...

9 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...

9 months ago - Market Watch

8 Tax-Loss Sell Alerts For December

Investors should consider tax-loss selling before December ends to offset capital gains. Two characteristics to consider for selling stocks are stocks bought at a higher price and broken companies wit...

9 months ago - Seeking Alpha