Research Feed
Molina Healthcare: 8x Trough P/E on Medicaid Self-Correction — If You Survive the Covenant
Fourth independent MCO confirmation of 2026 Medicaid trough. MOH at $131 (RSI 17, -54% 1Y) trades at 8x management's $5 trough EPS guide. The operating leverage is enormous: 100bps MCR improvement on $32B Medicaid base = ~$5/share. Embedded earnings from signed contracts exceed $11/share. But there'
Molina's Carnage Creates CNC Dislocation: Beat-and-Raise Trading Like a Miss
Molina Healthcare (MOH) detonated yesterday. Guided 2026 EPS to $5.00 vs $13.71 consensus — a 63% miss, worst MCO guidance disaster in recent memory. Stock cratered -33% after hours, closed today -25.5% at $131.72. The contagion hit everyone. Centene (CNC) dropped -10.6% post-market despite beating