ModivCare Inc. (MODV)
NASDAQ: MODV · IEX Real-Time Price · USD
21.26
+1.13 (5.61%)
Apr 19, 2024, 4:00 PM EDT - Market closed
ModivCare Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ModivCare stock have an average target of 58, with a low estimate of 39 and a high estimate of 95. The average target predicts an increase of 172.81% from the current stock price of 21.26.
Analyst Consensus: Hold
* Price targets were last updated on Feb 23, 2024.
Analyst Ratings
The average analyst rating for ModivCare stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barrington Research | Barrington Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 26, 2024 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $60 → $39 | Strong Buy → Hold | Downgrades | $60 → $39 | +83.44% | Feb 23, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $60 → $40 | Strong Buy → Hold | Downgrades | $60 → $40 | +88.15% | Feb 23, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $58 → $68 | Buy | Maintains | $58 → $68 | +219.85% | Nov 6, 2023 |
| Barrington Research | Barrington Research | Buy Reiterates $92 → $58 | Buy | Reiterates | $92 → $58 | +172.81% | Aug 7, 2023 |
Financial Forecast
Revenue This Year
2.85B
from 2.76B
Increased by 3.44%
Revenue Next Year
3.07B
from 2.85B
Increased by 7.51%
EPS This Year
4.38
from -14.43
EPS Next Year
5.85
from 4.38
Increased by 33.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0B | 3.2B | 3.4B |
| Avg | 2.9B | 3.1B | 3.3B |
| Low | 2.7B | 2.9B | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 8.8% | 12.6% | 9.8% |
| Avg | 3.4% | 7.5% | 6.6% |
| Low | -3.3% | 0.5% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.53 | 6.93 | 8.20 |
| Avg | 4.38 | 5.85 | 7.11 |
| Low | 1.55 | 3.89 | 5.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 58.1% | 40.2% |
| Avg | - | 33.4% | 21.6% |
| Low | - | -11.3% | -1.5% |
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.