Modivcare Stock Buy Hold or Sell Recommendation
| MODV Stock | USD 17.76 0.03 0.17% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding ModivCare is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ModivCare given historical horizon and risk tolerance towards ModivCare. When Macroaxis issues a 'buy' or 'sell' recommendation for ModivCare, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out ModivCare Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide. Note, we conduct extensive research on individual companies such as ModivCare and provide practical buy, sell, or hold advice based on investors' constraints. ModivCare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
ModivCare |
Execute ModivCare Buy or Sell Advice
The ModivCare recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ModivCare. Macroaxis does not own or have any residual interests in ModivCare or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ModivCare's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
ModivCare Trading Alerts and Improvement Suggestions
| ModivCare generated a negative expected return over the last 90 days | |
| ModivCare has high historical volatility and very poor performance | |
| ModivCare has high likelihood to experience some financial distress in the next 2 years | |
| ModivCare currently holds 1.14 B in liabilities with Debt to Equity (D/E) ratio of 2.88, implying the company greatly relies on financing operations through barrowing. ModivCare has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about ModivCare's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 2.75 B. Net Loss for the year was (204.46 M) with profit before overhead, payroll, taxes, and interest of 472.32 M. | |
| ModivCare currently holds about 72.7 M in cash with (82.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.14. | |
| ModivCare has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of ModivCare shares are owned by institutional investors | |
| Latest headline from gurufocus.com: ModivCare Inc Trading 3.41 percent Higher on Nov 22 |
ModivCare Returns Distribution Density
The distribution of ModivCare's historical returns is an attempt to chart the uncertainty of ModivCare's future price movements. The chart of the probability distribution of ModivCare daily returns describes the distribution of returns around its average expected value. We use ModivCare price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ModivCare returns is essential to provide solid investment advice for ModivCare.
| Mean Return | 0.05 | Value At Risk | -8.25 | Potential Upside | 7.43 | Standard Deviation | 9.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ModivCare historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ModivCare Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as ModivCare, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading ModivCare back and forth among themselves.
| Shares | Dimensional Fund Advisors, Inc. | 2024-09-30 | 277.8 K | D. E. Shaw & Co Lp | 2024-09-30 | 264.9 K | Geode Capital Management, Llc | 2024-09-30 | 260.6 K | Goldman Sachs Group Inc | 2024-06-30 | 217 K | Renaissance Technologies Corp | 2024-09-30 | 209.7 K | Jane Street Group Llc | 2024-06-30 | 176.5 K | K2 Principal Fund Lp | 2024-09-30 | 158.8 K | Charles Schwab Investment Management Inc | 2024-09-30 | 147.4 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 145.3 K | Coliseum Capital Management Llc | 2024-09-30 | 3 M | Neuberger Berman Group Llc | 2024-06-30 | 1.7 M |
ModivCare Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Capital Expenditures | 10.9M | 12.2M | 21.3M | 33.0M | 42.3M | 44.4M | |
| Net Income | 966K | 88.8M | (6.6M) | (31.8M) | (204.5M) | (194.2M) | |
| End Period Cash Flow | 61.7M | 183.4M | 133.4M | 15.0M | 2.8M | 2.6M | |
| Change In Cash | 49.3M | 121.7M | (49.9M) | (118.4M) | (12.2M) | (11.6M) | |
| Free Cash Flow | 50.1M | 336.3M | 165.5M | (43.4M) | (125.3M) | (119.0M) | |
| Depreciation | 16.8M | 26.2M | 57.0M | 100.4M | 116.6M | 122.4M | |
| Other Non Cash Items | 34.1M | (2.2M) | 64.9M | 57.7M | 171.6M | 180.1M | |
| Dividends Paid | 4.4M | 4.4M | 2.0M | 3.2M | 899K | 854.1K | |
| Change To Inventory | 17.2M | 38.2M | (55.9M) | 11.5M | 10.3M | 9.8M | |
| Investments | (10.9M) | (635.0M) | (685.6M) | (111.8M) | (38.6M) | (40.5M) | |
| Change Receivables | (29.9M) | 55.9M | (11.5M) | (55.8M) | (50.2M) | (47.7M) | |
| Change To Netincome | 39.2M | 3.5M | 53.1M | 11.1M | 12.8M | 13.4M |
ModivCare Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ModivCare or Health Care Providers & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ModivCare's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ModivCare stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.0037 | |
β | Beta against Dow Jones | 0.35 | |
σ | Overall volatility | 9.33 | |
Ir | Information ratio | -0.009 |
ModivCare Volatility Alert
ModivCare is showing large volatility of returns over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ModivCare's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ModivCare's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ModivCare Fundamentals Vs Peers
Comparing ModivCare's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ModivCare's direct or indirect competition across all of the common fundamentals between ModivCare and the related equities. This way, we can detect undervalued stocks with similar characteristics as ModivCare or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ModivCare's fundamental indicators could also be used in its relative valuation, which is a method of valuing ModivCare by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ModivCare to competition |
| Fundamentals | ModivCare | Peer Average |
| Return On Equity | -2.58 | -0.31 |
| Return On Asset | 0.0086 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 1.47 B | 16.62 B |
| Shares Outstanding | 14.28 M | 571.82 M |
| Shares Owned By Insiders | 1.40 % | 10.09 % |
| Shares Owned By Institutions | 98.60 % | 39.21 % |
| Number Of Shares Shorted | 620.35 K | 4.71 M |
| Price To Earning | 52.70 X | 28.72 X |
| Price To Book | 19.01 X | 9.51 X |
| Price To Sales | 0.09 X | 11.42 X |
| Revenue | 2.75 B | 9.43 B |
| Gross Profit | 472.32 M | 27.38 B |
| EBITDA | (26.75 M) | 3.9 B |
| Net Income | (204.46 M) | 570.98 M |
| Cash And Equivalents | 72.7 M | 2.7 B |
| Cash Per Share | 5.14 X | 5.01 X |
| Total Debt | 1.14 B | 5.32 B |
| Debt To Equity | 2.88 % | 48.70 % |
| Current Ratio | 0.71 X | 2.16 X |
| Book Value Per Share | (1.19) X | 1.93 K |
| Cash Flow From Operations | (82.97 M) | 971.22 M |
| Short Ratio | 1.85 X | 4.00 X |
| Earnings Per Share | (12.87) X | 3.12 X |
| Price To Earnings To Growth | 1.13 X | 4.89 X |
| Target Price | 25.0 | |
| Number Of Employees | 21.2 K | 18.84 K |
| Beta | 0.49 | -0.15 |
| Market Capitalization | 254.11 M | 19.03 B |
| Total Asset | 1.77 B | 29.47 B |
| Retained Earnings | (24.44 M) | 9.33 B |
| Working Capital | (115.48 M) | 1.48 B |
Note: Acquisition by Coliseum Capital Management, Llc of 96441 shares of ModivCare at 29.25 subject to Rule 16b-3 [view details]
ModivCare Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ModivCare . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6071.85 | |||
| Daily Balance Of Power | (0.05) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 17.96 | |||
| Day Typical Price | 17.89 | |||
| Price Action Indicator | (0.21) | |||
| Period Momentum Indicator | (0.03) | |||
| Relative Strength Index | 63.47 |
About ModivCare Buy or Sell Advice
When is the right time to buy or sell ModivCare? Buying financial instruments such as ModivCare Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having ModivCare in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Emerging Markets Funds
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 43 constituents at this time.
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Additional Tools for ModivCare Stock Analysis
When running ModivCare's price analysis, check to measure ModivCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ModivCare is operating at the current time. Most of ModivCare's value examination focuses on studying past and present price action to predict the probability of ModivCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ModivCare's price. Additionally, you may evaluate how the addition of ModivCare to your portfolios can decrease your overall portfolio volatility.