New York , November 13, 2024 – Moody's Ratings (Moody's) has assigned a Ba2 rating to the new issuance of senior unsecured debt of Molina Healthcare, Inc. (Molina, NYSE: MOH). We anticipate the issuance, a private placement, to total $500 million and mature in 2033. The purpose is for general corpor...
Two Directors at Molina Healthcare Inc sold 6,340 shares at between 335.000USD and 339.210USD. The significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors ov...
Cash bond markets are overstating MOH's credit risk with a YTW of 6.140% relative to an Intrinsic YTW of 5.170%, while CDS markets are accurately stating credit risk with a CDS of 112bps relative to an Intrinsic CDS of 81bps. Furthermore, Moody's is materially overstating MOH's fundamental credit risk with its highly speculative Ba2 credit rating seven notches below Valens' IG3+ (A1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. As a...
Cash bond markets are overstating MOH's credit risk with a YTW of 6.033% relative to an Intrinsic YTW of 5.103%, while CDS markets are slightly overstating credit risk with a CDS of 152bps relative to an Intrinsic CDS of 83bps. Furthermore, Moody's is grossly overstating MOH's fundamental credit risk with its highly speculative Ba3 credit rating eight notches below Valens' IG3+ (A1) credit rating. Incentives Dictate BehaviorTM analysis highlights mostly negative signals for credit holders. As a...
Credit markets are overstating MOH's credit risk with a YTW of 5.895% and a CDS of 143bps, relative to an Intrinsic YTW of 4.665% and an Intrinsic CDS of 76bps. Furthermore, Moody's is grossly overstating MOH's fundamental credit risk with its highly speculative Ba3 credit rating eight notches below Valens' IG3+ (A1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. As a positive, most management members are material owners of MOH equity...
S&P 500, Nasdaq 100 Back at Support Our expectations since late September remain unchanged; equities are not yet out of the woods, but as long as the S&P 500 is above 4165-4200, most signs point to this being a normal pullback within the ongoing bullish trend in SPX. Similarly, the Nasdaq 100 (QQQ) is testing support at $350-$355 (the 4-month bull flag/falling wedge pattern). The Russell 2000 is also approaching 1+ year support at 1640. Breakdowns would be our cue to get defensive, as it would ...
Cash bond markets are materially overstating MOH's credit risk with a YTW of 7.387% relative to an Intrinsic YTW of 5.587%, while CDS markets are overstating credit risk with a CDS of 176bps relative to an Intrinsic CDS of 78bps. Furthermore, Moody's is grossly overstating MOH's fundamental credit risk with its highly speculative Ba3 credit rating eight notches below Valens' IG3+ (A1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. As ...
Cash bond markets are materially overstating MOH's credit risk with a YTW of 6.496% relative to an Intrinsic YTW of 4.816%, while CDS markets are overstating credit risk with a CDS of 194bps relative to an Intrinsic CDS of 85bps. Furthermore, Moody's is grossly overstating MOH's fundamental credit risk with its highly speculative Ba3 credit rating eight notches below Valens' IG3+ (A1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. Tha...
Cash bond markets are materially overstating MOH's credit risk with a YTW of 6.138% relative to an Intrinsic YTW of 4.428%, while CDS markets are overstating credit risk with a CDS of 195bps relative to an Intrinsic CDS of 91bps. Furthermore, Moody's is grossly overstating MOH's fundamental credit risk with its highly speculative Ba3 credit rating eight notches below Valens' IG3+ (A1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. Tha...
Credit markets are overstating MOH's credit risk with a YTW of 5.940% and a CDS of 201bps, relative to an Intrinsic YTW of 4.560% and an Intrinsic CDS of 84bps. Furthermore, Moody's is grossly overstating the firm's fundamental credit risk with its highly speculative Ba3 credit rating eight notches below Valens' IG3+ (A1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. That said, most management members are material owners of MOH equit...
Credit markets are materially overstating MOH's credit risk with a YTW of 6.156% and a CDS of 228bps, relative to an Intrinsic YTW of 4.536% and an Intrinsic CDS of 78bps. Furthermore, Moody's is grossly overstating MOH's fundamental credit risk with its highly speculative Ba3 credit rating eight notches below Valens' IG3+ (A1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. That said, most management members are material owners of MOH...
Credit markets are materially overstating credit risk, with a cash bond YTW of 6.241% and a CDS of 279bps relative to an Intrinsic YTW of 3.941% and an Intrinsic CDS of 100bps. Meanwhile, Moody's is grossly overstating the firm's fundamental credit risk, with its Ba3 credit rating eight notches lower than Valens' IG3+ (A1) credit rating. Incentives Dictate Behavior™ analysis highlights mostly negative signals for credit holders. That said, management members are material owners of MOH equity re...
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