ModivCare Analysis
| MODVDelisted Stock | USD 0.34 0.06 21.43% |
ModivCare holds a debt-to-equity ratio of 2.877. ModivCare's financial risk is the risk to ModivCare stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
ModivCare's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. ModivCare's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps ModivCare Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect ModivCare's stakeholders.
For many companies, including ModivCare, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for ModivCare, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, ModivCare's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that ModivCare's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which ModivCare is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of ModivCare to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, ModivCare is said to be less leveraged. If creditors hold a majority of ModivCare's assets, the Company is said to be highly leveraged.
ModivCare is overvalued with Real Value of 0.32 and Hype Value of 0.34. The main objective of ModivCare delisted stock analysis is to determine its intrinsic value, which is an estimate of what ModivCare is worth, separate from its market price. There are two main types of ModivCare's stock analysis: fundamental analysis and technical analysis.
The ModivCare stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ModivCare is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day ( substitute day ), Independence Day. ModivCare Stock trading window is adjusted to America/New York timezone.
ModivCare |
ModivCare Stock Analysis Notes
About 16.0% of the company outstanding shares are owned by corporate insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.48. ModivCare recorded a loss per share of 16.09. The entity had not issued any dividends in recent years. The firm had 1:3 split on the 1st of February 2021. ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and patients. ModivCare Inc. was incorporated in 1996 and is headquartered in Denver, Colorado. Modivcare operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 20200 people. To find out more about ModivCare contact Heath CPA at 720 258 2130 or learn more at https://www.modivcare.com.ModivCare Investment Alerts
| ModivCare is not yet fully synchronised with the market data | |
| ModivCare has some characteristics of a very speculative penny stock | |
| ModivCare has a very high chance of going through financial distress in the upcoming years | |
| ModivCare currently holds 1.3 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 2.79 B. Net Loss for the year was (201.28 M) with profit before overhead, payroll, taxes, and interest of 417.15 M. | |
| ModivCare currently holds about 72.7 M in cash with (6.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.14, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 68.0% of ModivCare shares are owned by institutional investors |
ModivCare Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.2 M.ModivCare Profitablity
The company has Profit Margin (PM) of (0.08) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.01) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.01.ModivCare Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ModivCare insiders, such as employees or executives, is commonly permitted as long as it does not rely on ModivCare's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ModivCare insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ModivCare Outstanding Bonds
ModivCare issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ModivCare uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ModivCare bonds can be classified according to their maturity, which is the date when ModivCare has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
ModivCare Predictive Daily Indicators
ModivCare intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ModivCare stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ModivCare Debt to Cash Allocation
Many companies such as ModivCare, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
ModivCare currently holds 1.3 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.ModivCare Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the ModivCare's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of ModivCare, which in turn will lower the firm's financial flexibility.ModivCare Corporate Bonds Issued
About ModivCare Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ModivCare prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ModivCare shares will generate the highest return on investment. We also built our delisted stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Delisted Stock such as ModivCare. By using and applying ModivCare Stock analysis, traders can create a robust methodology for identifying ModivCare entry and exit points for their positions.
ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and patients. ModivCare Inc. was incorporated in 1996 and is headquartered in Denver, Colorado. Modivcare operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 20200 people.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in ModivCare Stock
If you are still planning to invest in ModivCare check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ModivCare's history and understand the potential risks before investing.
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