ModivCare Inc. (MODV)
NASDAQ: MODV · Real-Time Price · USD
11.13
+0.24 (2.20%)
Dec 20, 2024, 4:00 PM EST - Market closed
ModivCare Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ModivCare stock have an average target of 27.25, with a low estimate of 14 and a high estimate of 40. The average target predicts an increase of 144.83% from the current stock price of 11.13.
Analyst Consensus: Buy
* Price targets were last updated on Nov 18, 2024.
Analyst Ratings
The average analyst rating for ModivCare stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy Maintains $25 | Buy | Maintains | $25 | +124.62% | Nov 18, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $22 → $25 | Buy | Maintains | $22 → $25 | +124.62% | Nov 8, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $19 → $22 | Buy | Maintains | $19 → $22 | +97.66% | Oct 3, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $35 → $19 | Buy | Maintains | $35 → $19 | +70.71% | Sep 17, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $50 → $30 | Strong Buy | Maintains | $50 → $30 | +169.54% | Sep 17, 2024 |
Financial Forecast
Revenue This Year
2.86B
from 2.75B
Increased by 3.92%
Revenue Next Year
3.04B
from 2.86B
Increased by 6.40%
EPS This Year
1.05
from -14.43
EPS Next Year
2.48
from 1.05
Increased by 135.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.2B | 3.4B |
| Avg | 2.9B | 3.0B | 3.2B |
| Low | 2.7B | 2.9B | 3.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.4% | 10.6% | 10.5% |
| Avg | 3.9% | 6.4% | 5.6% |
| Low | -0.7% | -0.0% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.28 | 3.16 | 4.26 |
| Avg | 1.05 | 2.48 | 3.74 |
| Low | 0.65 | 1.55 | 2.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 200.8% | 72.1% |
| Avg | - | 135.8% | 50.9% |
| Low | - | 47.4% | 19.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.