ModivCare Stock (NASDAQ:MODV)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$16.18

52W Range

$11.00 - $52.33

50D Avg

$18.60

200D Avg

$25.96

Market Cap

$231.83M

Avg Vol (3M)

$365.60K

Beta

0.51

Div Yield

-

MODV Company Profile


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.

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Industry

Medical - Care Facilities

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

21,200

IPO Date

Aug 20, 2003

Website

MODV Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Grant$21.80M$16.30M-
Medicare And Medicaid Agency Contracts--$172.01M
Private Pay and Other Contracts--$36.59M

Fiscal year ends in Dec 23 | Currency in USD

MODV Financial Summary


Dec 23Dec 22Dec 21
Revenue$2.75B$2.50B$2.00B
Operating Income$-139.95M$57.08M$89.77M
Net Income$-204.46M$-1.84M$31.96M
EBITDA$-26.75M$157.50M$146.77M
Basic EPS$-0.01$-0.13$2.27
Diluted EPS$-0.01$-0.13$2.27

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Aug 08, 24 | 1:34 PM
Q1 24May 03, 24 | 12:00 AM
Q4 23Feb 23, 24 | 4:23 PM

Peer Comparison


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ENSGThe Ensign Group, Inc.