ModivCare Valuation

MODVDelisted Stock  USD 0.34  0.06  21.43%   
ModivCare seems to be overvalued based on Macroaxis valuation methodology. Our model forecasts the value of ModivCare from analyzing the firm fundamentals such as Profit Margin of (0.08) %, current valuation of 1.29 B, and Return On Equity of -9.52 as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
0.34
Please note that ModivCare's price fluctuation is very steady at this time. Calculation of the real value of ModivCare is based on 3 months time horizon. Increasing ModivCare's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the ModivCare stock is determined by what a typical buyer is willing to pay for full or partial control of ModivCare. Since ModivCare is currently traded on the exchange, buyers and sellers on that exchange determine the market value of ModivCare Stock. However, ModivCare's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  0.34 Real  0.32 Hype  0.34 Naive  0.1
The intrinsic value of ModivCare's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ModivCare's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
0.32
Real Value
0.37
Upside
Estimating the potential upside or downside of ModivCare helps investors to forecast how ModivCare stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ModivCare more accurately as focusing exclusively on ModivCare's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
-4.110.485.06
Details
Hype
Prediction
LowEstimatedHigh
0.340.340.34
Details
Naive
Forecast
LowNext ValueHigh
0.10.10.1
Details

About ModivCare Valuation

Our relative valuation model uses a comparative analysis of ModivCare. We calculate exposure to ModivCare's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of ModivCare's related companies.
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.

ModivCare Growth Indicators

Investing in growth stocks can be very risky. If the company such as ModivCare does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding14.2 M
Quarterly Earnings Growth Y O Y-0.753
Forward Price Earnings4.7916
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 small area income & poverty estimates.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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