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6 Health Care Stocks to Gain on Earnings

4. Molina Healthcare (MOH - Get Report) engages in providing Medicaid-related solutions to meet the healthcare needs of low-income families and individuals, and assists state agencies in the administration of the Medicaid program. The company focuses on government-sponsored healthcare programs, including Health Plans, Molina Medicaid Solutions, and the smaller direct delivery line of business. The company will release its second quarter 2011 results on July 21 after market hours.

Analysts' consensus estimates foresee Molina's second quarter 2011 net income increasing to $16.99 million, or 37 cents per share, from $10.58 million, or 27 cents per share, in the year-ago quarter. Sales are seen surging by 18% from the comparable quarter prior year to $1.15 billion from $976.68 million. Return on assets for the quarter is pegged at 4.30% compared to 1.97% in the year-ago quarter. Operating profit is estimated to go up by 44%.

In April, the company's board of directors authorized a 3-for-2 stock split of the company common stock, to be effected in the form of a stock dividend of one share of the company's common stock for every two shares outstanding. Trading of the company's shares on a split-adjusted basis began on May 23, 2011.

Of the 14 analysts covering the stock, 21% recommend a buy and 71% suggest a hold. Analysts polled by Bloomberg foresee the stock gaining an average 6.0% to $28.07 in the upcoming 12 months.

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CPHD $56.84 0.00%
EW $133.02 0.00%
IDXX $156.83 0.00%
MMSI $19.61 0.00%
MOH $63.69 0.00%


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