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Modivcare Inc   (MODV)
Other Ticker:  
 
    Sector  Services    Industry Personal Services
   Industry Personal Services
   Sector  Services
 
Price: $28.0700 $2.59 10.165%
Day's High: $29.55 Week Perf: -37.82 %
Day's Low: $ 25.34 30 Day Perf: -34.78 %
Volume (M): 694 52 Wk High: $ 99.75
Volume (M$): $ 19,475 52 Wk Avg: $48.89
Open: $25.42 52 Wk Low: $24.00



 Market Capitalization (Millions $) 398
 Shares Outstanding (Millions) 14
 Employees -
 Revenues (TTM) (Millions $) 2,756
 Net Income (TTM) (Millions $) -204
 Cash Flow (TTM) (Millions $) -12
 Capital Exp. (TTM) (Millions $) 42

Modivcare Inc
ModivCare, formerly known as The Providence Service Corporation, is a leading provider of non-emergency medical transportation, home-based care coordination, and other healthcare-related services. The company has been in operation for over 20 years, and is headquartered in Atlanta, Georgia, with additional offices located throughout the United States.

ModivCarees mission is to provide essential care services to vulnerable individuals, including Medicaid and Medicare beneficiaries, individuals with disabilities, and others who require assistance accessing healthcare. The companyes transportation services are designed to ensure that patients are able to get to medical appointments on time, while its home-based care coordination services help patients to manage their healthcare needs from the comfort of their own homes.

In addition to its transportation and care coordination services, ModivCare also provides a range of other healthcare-related services, including care management, behavioral health services, pharmacy management, and medical equipment procurement and distribution. The company is committed to providing high-quality, compassionate care to its patients, and has earned a strong reputation for its expertise in the healthcare industry.

ModivCarees customer base includes government agencies, healthcare providers, managed care organizations, and other organizations responsible for providing healthcare services to vulnerable populations. The company is committed to serving these customers with integrity and professionalism, and has built a strong track record of success in meeting their needs.

Overall, ModivCare is a highly respected provider of healthcare-related services, with a mission-focused on ensuring that vulnerable individuals have access to the care they need to live healthy, fulfilling lives. With a committed team of professionals and a strong reputation in the healthcare industry, the company is poised for continued growth and success in the years to come.


   Company Address: 6900 E Layton Avenue Denver 80237 CO
   Company Phone Number: 728-7012   Stock Exchange / Ticker: NASDAQ MODV
   MODV is expected to report next financial results on March 05, 2024.


Customers Net Income grew by MODV's Customers Net Profit Margin grew to

7.46 %

4.97 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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Modivcare Inc

Modivcare Inc Sees Improvement in Financial Performance Despite Weak Sales in October-December 31, 2023 Interval2.

Modivcare Inc, a healthcare services company, has seen a significant decline in its stock price over the past 30 days. This decrease of -37.45% brings the share price down to -34.27% in the past 90 days, trading only 2.2% above its 52-week low.
Looking at the company's financial performance in the October to December 31, 2023 interval, Modivcare Inc reported a loss of $-0.37 per share compared to $-1.97 a year prior. This represents a slight improvement from the prior quarter's loss of $-0.30 per share. Revenue also saw a notable decrease of -13.418% to $703.22 million from $812.20 million in the comparable quarter a year ago. However, sequentially revenue did increase by 2.29% from $687.48 million.
Despite these losses, Modivcare Inc reported a net loss of $-5.252 million in the October to December 31, 2023 interval, an improvement from the $-27.882 million loss in the comparable quarter a year ago. Operating earnings, on the other hand, saw a significant increase of 163.95% to $15.676 million.
In the fiscal year 2023, Modivcare Inc reported a net loss of $-204.46 million and revenue of $2.76 billion. This represents a widening of the net loss per share to $-14.43 from $-2.26 in the prior fiscal year, while revenue increased by 9.73% from $2.51 billion a year prior.

Modivcare Inc

Modivcare Inc. Reports Impressive Revenue Growth, Significantly Outperforming Expectations in Q1 2023 Earnings Season

Modivcare Inc. is a prominent provider of diversified healthcare services in the United States. The company was formerly known as Logisticare, Inc. and changed its name to Modivcare Inc. in November 2018. Headquartered in Atlanta, Georgia, the healthcare behemoth offers a wide range of healthcare solutions across multiple channels. It aims to deliver high-quality and cost-effective healthcare to the communities it serves.
The company's most recent financial statements present a mixed picture. While Modivcare Inc. decreased its loss per share to $-0.28 per share compared to $-2.25 a year ago, EPS improved from $-1.97 per share from the previous reporting season. The company generated $663.77 million in revenue, an impressive 14.896% increase from $577.72 million in the same period last year. However, sequentially, revenue decreased by -18.275% from $812.20 million.






 

Modivcare Inc's Segments
 
 
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Modivcare Inc does not provide revenue guidance.

Earnings Outlook
Modivcare Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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