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Healthcare - Medical - Care Facilities - NASDAQ - US
$ 16.27
1.31 %
$ 232 M
Market Cap
-1.26
P/E
1. INTRINSIC VALUE

ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and patients. The company operates through four segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and the Matrix Investment. The NEMT segment offers contact center management, network credentialing, claims management, and non-emergency medical transport management services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services. The Personal Care segment provides bathing, personal hygiene, grooming, oral care, dressing, medication reminders, meal planning, preparation and feeding, housekeeping, transportation services, prescription reminders, and assistance with dressing and ambulation services through placing non-medical personal care assistants, home health aides, and skilled nurses primarily to Medicaid patients in need of care monitoring and assistance in performing daily living activities, including senior citizens and disabled adults.[ Read More ]

The intrinsic value of one MODV stock under the base case scenario is HIDDEN Compared to the current market price of 16.3 USD, ModivCare Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MODV

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FINANCIALS
2.75 B REVENUE
9.85%
-140 M OPERATING INCOME
-245.16%
-204 M NET INCOME
-542.83%
-83 M OPERATING CASH FLOW
-694.59%
-42.3 M INVESTING CASH FLOW
62.18%
113 M FINANCING CASH FLOW
2869.17%
702 M REVENUE
0.54%
5.26 M OPERATING INCOME
-17.58%
-26.6 M NET INCOME
79.36%
10.1 M OPERATING CASH FLOW
118.30%
-7.73 M INVESTING CASH FLOW
-15.39%
36.3 M FINANCING CASH FLOW
-41.81%
Balance Sheet Decomposition ModivCare Inc.
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Current Assets 405 M
Cash & Short-Term Investments 2.22 M
Receivables 375 M
Other Current Assets 27.6 M
Non-Current Assets 1.36 B
Long-Term Investments 41.5 M
PP&E 125 M
Other Non-Current Assets 1.2 B
Current Liabilities 520 M
Accounts Payable 55.2 M
Short-Term Debt 131 M
Other Current Liabilities 334 M
Non-Current Liabilities 1.09 B
Long-Term Debt 1.02 B
Other Non-Current Liabilities 73.1 M
EFFICIENCY
Earnings Waterfall ModivCare Inc.
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Revenue 2.75 B
Cost Of Revenue 2.3 B
Gross Profit 447 M
Operating Expenses 587 M
Operating Income -140 M
Other Expenses 64.5 M
Net Income -204 M
RATIOS
16.25% GROSS MARGIN
16.25%
-5.09% OPERATING MARGIN
-5.09%
-7.43% NET MARGIN
-7.43%
-130.90% ROE
-130.90%
-11.57% ROA
-11.57%
-10.86% ROIC
-10.86%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis ModivCare Inc.
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Net Income -204 M
Depreciation & Amortization 117 M
Capital Expenditures -42.3 M
Stock-Based Compensation 6.46 M
Change in Working Capital -155 M
Others 102 M
Free Cash Flow -125 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets ModivCare Inc.
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Wall Street analysts predict an average 1-year price target for MODV of $33 , with forecasts ranging from a low of $16 to a high of $50 .
MODV Lowest Price Target Wall Street Target
16 USD -1.66%
MODV Average Price Target Wall Street Target
33 USD 102.83%
MODV Highest Price Target Wall Street Target
50 USD 207.31%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership ModivCare Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
6.1 M USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 07, 2024
Bought 590 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 33567
17.57 USD
1 week ago
Nov 07, 2024
Bought 407 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 24624
16.54 USD
1 week ago
Nov 05, 2024
Bought 194 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 11990
16.22 USD
1 week ago
Nov 04, 2024
Bought 338 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 20927
16.13 USD
2 weeks ago
Nov 01, 2024
Bought 541 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 33495
16.15 USD
2 weeks ago
Oct 31, 2024
Bought 1.08 M USD
Q Global Capital Management, L.P.
10 percent owner
+ 67728
15.99 USD
2 weeks ago
Oct 30, 2024
Bought 608 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 38292
15.89 USD
2 weeks ago
Oct 29, 2024
Bought 563 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 36212
15.56 USD
2 weeks ago
Oct 28, 2024
Bought 400 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 25496
15.69 USD
3 weeks ago
Oct 25, 2024
Bought 301 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 20556
14.65 USD
3 weeks ago
Oct 24, 2024
Bought 356 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 24800
14.36 USD
3 weeks ago
Oct 23, 2024
Bought 719 K USD
Q Global Capital Management, L.P.
10 percent owner
+ 50748
14.16 USD
1 year ago
Sep 15, 2023
Bought 121 K USD
Sampson L Heath
President, CEO
+ 3500
34.574 USD
1 year ago
Sep 15, 2023
Bought 156 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 4362
35.7 USD
1 year ago
Sep 15, 2023
Bought 5.39 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 152801
35.25 USD
1 year ago
Sep 15, 2023
Bought 1.61 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 47216
34.13 USD
1 year ago
Sep 13, 2023
Bought 2.82 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 96441
29.25 USD
1 year ago
Sep 13, 2023
Bought 842 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 29396
28.66 USD
1 year ago
Sep 12, 2023
Bought 2.27 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 79726
28.5 USD
1 year ago
Sep 11, 2023
Bought 3.14 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 101439
31 USD
1 year ago
Sep 11, 2023
Bought 390 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 13037
29.88 USD
1 year ago
Sep 11, 2023
Bought 552 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 19046
28.98 USD
1 year ago
Sep 08, 2023
Bought 6.1 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 211449
28.83 USD
1 year ago
Sep 08, 2023
Bought 382 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 13551
28.16 USD
1 year ago
Sep 07, 2023
Bought 3.01 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 110492
27.23 USD
1 year ago
Aug 10, 2023
Bought 1.63 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 44666
36.4 USD
1 year ago
Aug 10, 2023
Bought 5.76 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 160334
35.94 USD
1 year ago
Aug 09, 2023
Bought 1.03 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 28069
36.74 USD
1 year ago
Aug 09, 2023
Bought 782 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 21901
35.7 USD
1 year ago
Aug 08, 2023
Bought 156 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 4285
36.48 USD
1 year ago
Aug 08, 2023
Bought 2.78 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 77573
35.85 USD
1 year ago
Aug 08, 2023
Bought 3.44 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 99065
34.72 USD
1 year ago
May 23, 2023
Bought 105 K USD
Sampson L Heath
President, CEO, CFO
+ 2000
52.695 USD
1 year ago
May 12, 2023
Bought 1.85 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 33398
55.38 USD
1 year ago
May 12, 2023
Bought 38.2 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 700
54.54 USD
1 year ago
May 12, 2023
Bought 248 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 4640
53.38 USD
1 year ago
May 10, 2023
Bought 1.32 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 23985
55.23 USD
1 year ago
May 10, 2023
Bought 1.21 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 22365
54.1 USD
1 year ago
May 09, 2023
Bought 2.14 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 39001
54.99 USD
1 year ago
May 09, 2023
Bought 1.36 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 25178
54.16 USD
1 year ago
May 09, 2023
Bought 601 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 11295
53.23 USD
1 year ago
May 08, 2023
Bought 2.17 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 40325
53.88 USD
1 year ago
May 08, 2023
Bought 1.86 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 34894
53.17 USD
1 year ago
May 08, 2023
Bought 1.04 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 20099
51.99 USD
1 year ago
May 08, 2023
Bought 653 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
+ 12827
50.91 USD
1 year ago
Mar 17, 2023
Bought 94.1 K USD
Coliseum Capital Management, LLC
Director
+ 1173
80.25 USD
1 year ago
Mar 17, 2023
Bought 2.01 M USD
Coliseum Capital Management, LLC
Director
+ 25224
79.87 USD
1 year ago
Dec 02, 2022
Bought 130 K USD
Coliseum Capital Management, LLC
Director
+ 1710
76 USD
1 year ago
Dec 01, 2022
Bought 6.77 M USD
Coliseum Capital Management, LLC
Director
+ 89033
76.09 USD
3 years ago
Sep 15, 2021
Bought 100 K USD
GREENLEAF DANIEL E
CEO and President
+ 581
172.85 USD
3 years ago
Sep 07, 2021
Sell 48.9 M USD
Coliseum Capital Management, LLC
Director
- 260000
188.14 USD
4 years ago
Nov 10, 2020
Sell 31.4 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 253021
124.08 USD
4 years ago
Sep 03, 2020
Sell 0 USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 27509
0 USD
4 years ago
Jun 11, 2020
Sell 0 USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 369120
0 USD
5 years ago
Nov 12, 2019
Sell 24.1 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 355466
67.91 USD
5 years ago
Nov 11, 2019
Sell 69.7 K USD
Pate R Carter
Interim CEO
- 1000
69.665 USD
5 years ago
Aug 16, 2019
Bought 49.9 K USD
DOTTS KEVIN M
Chief Financial Officer
+ 864
57.8 USD
5 years ago
Aug 13, 2019
Bought 58 K USD
Pate R Carter
Interim CEO
+ 1000
57.97 USD
6 years ago
Jun 11, 2018
Sell 2.65 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 35034
75.78 USD
6 years ago
Jun 05, 2018
Sell 6.67 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 90713
73.5 USD
6 years ago
Jun 05, 2018
Sell 603 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 8142
74.05 USD
6 years ago
Jun 06, 2018
Sell 4.41 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 59509
74.06 USD
6 years ago
Jun 06, 2018
Sell 15 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 201
74.51 USD
6 years ago
May 30, 2018
Sell 3.12 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 42565
73.4 USD
6 years ago
May 30, 2018
Sell 2.83 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 38042
74.37 USD
6 years ago
May 30, 2018
Sell 290 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 3858
75.12 USD
6 years ago
May 31, 2018
Sell 1.98 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 27461
72.23 USD
6 years ago
May 31, 2018
Sell 361 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 4900
73.62 USD
6 years ago
Jun 01, 2018
Sell 515 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 7000
73.62 USD
6 years ago
Jun 01, 2018
Sell 3.54 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 48909
72.35 USD
6 years ago
Jun 01, 2018
Sell 314 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 4300
73.07 USD
6 years ago
May 25, 2018
Sell 226 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 3041
74.2 USD
6 years ago
May 22, 2018
Sell 2.18 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 29100
74.78 USD
6 years ago
May 23, 2018
Sell 765 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 10223
74.82 USD
6 years ago
May 23, 2018
Sell 741 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 10000
74.14 USD
6 years ago
May 24, 2018
Sell 459 K USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 6200
74.05 USD
6 years ago
Mar 29, 2018
Sell 686 K USD
MEINTS KRISTI
Director
- 10000
68.57 USD
6 years ago
Mar 15, 2018
Sell 1.28 M USD
Shackelton David Casey
Chief Financial Officer
- 18377
69.58 USD
6 years ago
Mar 16, 2018
Sell 151 K USD
Shackelton David Casey
Chief Financial Officer
- 2156
69.85 USD
6 years ago
Mar 13, 2018
Sell 47.3 K USD
KERLEY RICHARD A
Director
- 667
70.89 USD
6 years ago
Mar 13, 2018
Sell 144 K USD
Shackelton David Casey
Chief Financial Officer
- 2000
72 USD
6 years ago
Mar 13, 2018
Sell 7.4 K USD
Shackelton David Casey
Chief Financial Officer
- 100
73.98 USD
6 years ago
Mar 13, 2018
Sell 64.2 K USD
Shackelton David Casey
Chief Financial Officer
- 888
72.25 USD
6 years ago
Mar 13, 2018
Sell 840 K USD
Shackelton David Casey
Chief Financial Officer
- 11855
70.84 USD
6 years ago
Mar 13, 2018
Sell 998 K USD
Shackelton David Casey
Chief Financial Officer
- 14391
69.33 USD
6 years ago
Mar 14, 2018
Sell 156 K USD
Shackelton David Casey
Chief Financial Officer
- 2233
70.06 USD
6 years ago
Dec 08, 2017
Sell 140 K USD
MEINTS KRISTI
Director
- 2425
57.53 USD
6 years ago
Dec 08, 2017
Sell 174 K USD
MEINTS KRISTI
Director
- 2990
58.34 USD
6 years ago
Dec 11, 2017
Sell 17.6 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 314605
56.07 USD
6 years ago
Dec 08, 2017
Sell 140 K USD
MEINTS KRISTI
Director
- 2425
57.53 USD
6 years ago
Dec 08, 2017
Sell 174 K USD
MEINTS KRISTI
Director
- 2990
58.34 USD
6 years ago
Dec 08, 2017
Sell 103 K USD
MEINTS KRISTI
Director
- 1750
58.65 USD
6 years ago
Dec 07, 2017
Sell 207 K USD
KERLEY RICHARD A
Director
- 3500
59.07 USD
7 years ago
Mar 14, 2017
Sell 87 K USD
MEINTS KRISTI
Director
- 1916
45.42 USD
7 years ago
Mar 14, 2017
Sell 179 K USD
KERLEY RICHARD A
Director
- 4000
44.79 USD
7 years ago
Dec 01, 2016
Bought 54.7 K USD
LINDSTROM JAMES M
Chief Executive Officer
+ 1500
36.47 USD
7 years ago
Nov 21, 2016
Bought 56.6 K USD
LINDSTROM JAMES M
Chief Executive Officer
+ 1500
37.75 USD
8 years ago
Sep 16, 2016
Bought 200 K USD
COULTER DAVID A
Director
+ 4225
47.29 USD
8 years ago
Sep 02, 2016
Bought 117 K USD
LINDSTROM JAMES M
Chief Executive Officer
+ 2500
46.61 USD
8 years ago
Sep 02, 2016
Bought 93.7 K USD
Shackelton David Casey
Chief Financial Officer
+ 2000
46.85 USD
8 years ago
Sep 02, 2016
Bought 23.5 K USD
Umscheid Matthew
SVP of Strategic Services
+ 500
47.004 USD
8 years ago
Mar 18, 2016
Sell 4.09 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 78044
52.42 USD
8 years ago
Mar 21, 2016
Sell 2.05 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 39882
51.33 USD
8 years ago
Mar 22, 2016
Sell 2.91 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 57596
50.61 USD
8 years ago
Mar 15, 2016
Sell 2.23 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 42075
53.05 USD
8 years ago
Mar 16, 2016
Sell 1.9 M USD
Coliseum Capital Management, LLC
director, 10 percent owner:
- 36344
52.2 USD
8 years ago
Mar 15, 2016
Sell 260 K USD
KERLEY RICHARD A
Director
- 5000
51.9813 USD
8 years ago
Dec 16, 2015
Sell 297 K USD
MEINTS KRISTI
Director
- 6231
47.7418 USD
8 years ago
Dec 09, 2015
Sell 330 K USD
SCHWARZ HERMAN MARK
CEO - LogistiCare
- 6882
48.0119 USD
9 years ago
Oct 28, 2015
Sell 164 K USD
Cooper Walter W.
CEO Matrix Medical Network
- 3641
45 USD
9 years ago
Jun 01, 2015
Bought 33.4 K USD
LINDSTROM JAMES M
Chief Financial Officer
+ 700
47.7 USD
9 years ago
May 29, 2015
Bought 23.5 K USD
LINDSTROM JAMES M
Chief Financial Officer
+ 500
47.008 USD
9 years ago
May 29, 2015
Bought 23.6 K USD
LINDSTROM JAMES M
Chief Financial Officer
+ 500
47.2 USD
9 years ago
May 28, 2015
Bought 23.8 K USD
LINDSTROM JAMES M
Chief Financial Officer
+ 500
47.6098 USD
9 years ago
May 20, 2015
Sell 151 K USD
KERLEY RICHARD A
Director
- 3300
45.8501 USD
9 years ago
May 20, 2015
Sell 154 K USD
KERLEY RICHARD A
Director
- 3350
45.8539 USD
9 years ago
Mar 20, 2015
Sell 1.61 M USD
RUSTAND WARREN
Chief Executive Officer
- 32314
49.955 USD
7. News
ModivCare, Inc. (MODV) Q3 2024 Earnings Call Transcript ModivCare, Inc. (NASDAQ:MODV ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Kevin Ellich - Head of Investor Relations Heath Sampson - President and Chief Executive Officer Barbara Gutierrez - Chief Financial Officer Conference Call Participants Brian Tanquilut - Jefferies Pito Chickering - Deutsche Bank Bob Labick - CJS Securities Scott Fidel - Stephens Miles Highsmith - Deutsche Bank Michael Petusky - Barrington Research Rishi Parekh - JPMorgan Operator Good morning, and welcome to ModivCare's Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 1 week ago
ModivCare (MODV) Q3 Earnings and Revenues Lag Estimates ModivCare (MODV) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $1.44 per share a year ago. zacks.com - 1 week ago
Modivcare and Tenovi Partner to Advance Respiratory Care, Lower Hospitalizations, and Cut Costs with Adherium's Hailie® Smart Inhalers PORTSMOUTH, N.H.--(BUSINESS WIRE)--Modivcare Inc., a leading technology-enabled healthcare services company that provides a platform of integrated supportive care solutions, through its wholly owned subsidiaries, Valued Relationships, Inc. (VRI) and Higi Care, LLC (collectively for purposes of this press release, “Modivcare”), have partnered with Tenovi, an innovator in cellular-connected remote monitoring solutions, to deliver Adherium's Hailie® Smart inhalers for enhanced care of patients wit. businesswire.com - 1 month ago
Modivcare to Report Third Quarter 2024 Financial Results DENVER--(BUSINESS WIRE)--Modivcare Inc. (“Modivcare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today announced that the Company is scheduled to report financial results for the third quarter 2024 ended September 30, 2024, on Wednesday, November 6, 2024, after the market closes. Modivcare will host a conference call on Thursday, November 7, 2024, at 8:30. businesswire.com - 1 month ago
Modivcare Boosts Health Care Experiences with Genesys Cloud AI SAN FRANCISCO--(BUSINESS WIRE)--Genesys®, a global cloud leader in AI-powered experience orchestration, announced Modivcare, a top provider of non-emergency medical transportation (NEMT), monitoring and personal in-home care, is transforming support for its 34 million members with the Genesys Cloud™ platform. To execute its digital-first strategy, Modivcare turned to the AI-powered experience orchestration capabilities of Genesys Cloud. Today, Genesys Cloud supports Modivcare teammates who effi. businesswire.com - 1 month ago
ModivCare Inc (MODV) Shares Up 25.09% on Oct 2 Shares of ModivCare Inc (MODV, Financial) surged 25.09% in mid-day trading on Oct 2. The stock reached an intraday high of $19.13, before settling at $18.11, up from its previous close of $14.48. gurufocus.com - 1 month ago
Modivcare Announces Credit Agreement Amendment and Cash Collections Update DENVER--(BUSINESS WIRE)--ModivCare Inc. (“Modivcare” or the “Company”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today announced that it has amended its Credit Agreement, dated February 3, 2022 (as amended to date, the “Credit Agreement”), with JPMorgan Chase Bank, N.A., as administrative agent, along with other key lenders. Key Amendment Highlights: Total Net Leverage R. businesswire.com - 1 month ago
Modivcare Foundation and Build Jake's Place Join Forces to Increase Play Opportunities in New Jersey CHERRY HILL, N.J.--(BUSINESS WIRE)--Modivcare Foundation, the philanthropic foundation of Modivcare (Nasdaq:MODV), is proud to highlight its support of Build Jake's Place, an organization dedicated to creating inclusive playgrounds for children and adults with disabilities. This contribution spotlights Modivcare's commitment to improving health outcomes and ensuring that everyone, regardless of ability, can engage in meaningful activities. Build Jake's Place was founded in 2009 in memory of “Ba. businesswire.com - 1 month ago
Dow Surges Over 100 Points; ModivCare Shares Plummet U.S. stocks traded higher toward the end of trading, with the Dow Jones index surging more than 200 points on Thursday. benzinga.com - 2 months ago
Portland Medicaid Transportation Driver Ben Fasulo Earns Modivcare Maine Driver of the Month PORTLAND, Maine--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, is pleased to announce Portland resident Ben Fasulo has earned recognition as Modivcare Maine's Driver of the Month. Mr. Fasulo is a non-emergency medical transportation (NEMT) driver responsible for transporting Maine Medicaid members between their h. businesswire.com - 2 months ago
ModivCare Inc. (MODV) Q2 2024 Earnings Call Transcript ModivCare Inc. (NASDAQ:MODV ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Kevin Ellich – Head-Investor Relations Heath Sampson – President and Chief Executive Officer Barbara Gutierrez – Chief Financial Officer Conference Call Participants Brian Tanquilut – Jefferies Bob Labick – CJS Securities Pito Chickering – Deutsche Bank Scott Fidel – Stephens Rishi Parekh – JPMorgan Mike Petusky – Barrington Research Operator Good morning and welcome to ModivCare's Second Quarter 2024 Financial Results Conference Call. At this time all participants are in a listen-only mode. seekingalpha.com - 3 months ago
ModivCare (MODV) Reports Q2 Loss, Misses Revenue Estimates ModivCare (MODV) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.81. This compares to earnings of $1.47 per share a year ago. zacks.com - 3 months ago
8. Profile Summary

ModivCare Inc. MODV

image
COUNTRY US
INDUSTRY Medical - Care Facilities
MARKET CAP $ 232 M
Dividend Yield 0.00%
Description ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and patients. The company operates through four segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and the Matrix Investment. The NEMT segment offers contact center management, network credentialing, claims management, and non-emergency medical transport management services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services. The Personal Care segment provides bathing, personal hygiene, grooming, oral care, dressing, medication reminders, meal planning, preparation and feeding, housekeeping, transportation services, prescription reminders, and assistance with dressing and ambulation services through placing non-medical personal care assistants, home health aides, and skilled nurses primarily to Medicaid patients in need of care monitoring and assistance in performing daily living activities, including senior citizens and disabled adults. The RPM segment offers personal emergency response systems, vitals monitoring, medication management, and data-driven patient engagement solutions. The Matrix Investment segment provides in-home and on-site care services, as well as a fleet of mobile health clinics that offers community-based care with advanced diagnostic capabilities and care options. It serves federal, state, and local government agencies, MCOs, commercial insurers, private individuals, and health systems. The company was formerly known as The Providence Service Corporation and changed its name to ModivCare Inc. in January 2021. ModivCare Inc. was incorporated in 1996 and is headquartered in Denver, Colorado.
Contact 6900 Layton Avenue, Denver, CO, 80237 https://www.modivcare.com
IPO Date Aug. 20, 2003
Employees 21200
Officers Mr. Kevin Kim Ellich Vice President & Head of Investor Relations Ms. Jessica Kral Chief Information Officer Mia Haney Chief Operating Officer of Personal Care Services Segment Ms. Jody Kepler J.D., L.L.M. Chief Compliance Officer Mr. Faisal Khan Senior Vice President, General Counsel and Secretary Kate Zerone Director of Ombudsman & Communications Mr. Kenneth Shepard Chief Financial Officer of NEMT Business-ModivCare Mobility Ms. Rebecca Orcutt Senior Vice President & Chief Accounting Officer Ms. Barbara K. Gutierrez CPA Chief Financial Officer Mr. Henry Toledo Chief People Officer