
ModivCare (MODV) Stock Forecast & Price Target
ModivCare (MODV) Analyst Ratings
Bulls say
ModivCare Inc. has demonstrated a positive trajectory in its non-emergency medical transportation (NEMT) services, with utilization increasing by 192 basis points to 10.8%. The personal care services (PCS) segment experienced a 3.0% growth in top-line service revenue driven by improved revenue per hour, despite a slight decline in total hours. Furthermore, the company's adjusted EBITDA margin reached 9.4%, reflecting enhanced margins and the potential for operational stability through increased fee-for-service contracting and ongoing efficiency improvements.
Bears say
ModivCare's financial outlook appears negative due to several declining revenue metrics and substantial contract losses impacting its primary business segment. The company is forecasting a 6.7% decline in revenue from its Non-Emergency Medical Transportation (NEMT) segment in 2025, primarily attributed to a $200 million revenue hit from significant contract attrition. Additionally, the Remote Monitoring (RM) segment experienced a 5.3% revenue decline in the recent quarter, exacerbating the overall concerns surrounding the company's financial performance and operating margins, which have notably declined by around 600 basis points to just over 3%.
This aggregate rating is based on analysts' research of ModivCare and is not a guaranteed prediction by Public.com or investment advice.
ModivCare (MODV) Analyst Forecast & Price Prediction
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