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Is Molina Healthcare (MOH) Stock Outpacing Its Medical Peers This Year?

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The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Molina Healthcare (MOH - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Molina Healthcare is one of 845 individual stocks in the Medical sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. MOH is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for MOH's full-year earnings has moved 18.60% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, MOH has gained about 73.33% so far this year. In comparison, Medical companies have returned an average of 2.99%. This shows that Molina Healthcare is outperforming its peers so far this year.

To break things down more, MOH belongs to the Medical - HMOs industry, a group that includes 13 individual companies and currently sits at #58 in the Zacks Industry Rank. This group has gained an average of 24.48% so far this year, so MOH is performing better in this area.

MOH will likely be looking to continue its solid performance, so investors interested in Medical stocks should continue to pay close attention to the company.


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