ModivCare Inc. (MODV)
NASDAQ: MODV · Real-Time Price · USD
17.60
+1.29 (7.88%)
Nov 21, 2024, 3:38 PM EST - Market open
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 54.87% from the current stock price of 17.60.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 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 | +42.09% | Nov 18, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $22 → $25 | Buy | Maintains | $22 → $25 | +42.09% | Nov 8, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $19 → $22 | Buy | Maintains | $19 → $22 | +25.04% | Oct 3, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $35 → $19 | Buy | Maintains | $35 → $19 | +7.99% | Sep 17, 2024 |
| Lake Street | Lake Street | Strong Buy Maintains $50 → $30 | Strong Buy | Maintains | $50 → $30 | +70.50% | Sep 17, 2024 |
Financial Forecast
Revenue This Year
2.87B
from 2.75B
Increased by 4.32%
Revenue Next Year
3.08B
from 2.87B
Increased by 7.14%
EPS This Year
1.53
from -14.43
EPS Next Year
3.16
from 1.53
Increased by 106.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.2B | 3.4B |
| Avg | 2.9B | 3.1B | 3.2B |
| Low | 2.7B | 2.9B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.4% | 12.5% | 9.3% |
| Avg | 4.3% | 7.1% | 5.5% |
| Low | -0.6% | 1.8% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.77 | 4.80 | 6.01 |
| Avg | 1.53 | 3.16 | 4.76 |
| Low | 0.70 | 1.57 | 3.83 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 213.3% | 90.2% |
| Avg | - | 106.1% | 50.7% |
| Low | - | 2.4% | 21.4% |
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.