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Upturn AI SWOT - About
MODV 
ModivCare Inc (MODV)
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Upturn Advisory Summary
04/01/2025: MODV (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -88.09% | Avg. Invested days 17 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 20.51M USD | Price to earnings Ratio - | 1Y Target Price 5.45 |
Price to earnings Ratio - | 1Y Target Price 5.45 | ||
Volume (30-day avg) 487887 | Beta 0.61 | 52 Weeks Range 1.24 - 32.82 | Updated Date 04/2/2025 |
52 Weeks Range 1.24 - 32.82 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -14.14 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -7.22% | Operating Margin (TTM) 0.61% |
Management Effectiveness
Return on Assets (TTM) 0.46% | Return on Equity (TTM) -341.96% |
Valuation
Trailing PE - | Forward PE 4.79 | Enterprise Value 1209415267 | Price to Sales(TTM) 0.01 |
Enterprise Value 1209415267 | Price to Sales(TTM) 0.01 | ||
Enterprise Value to Revenue 0.43 | Enterprise Value to EBITDA 247.78 | Shares Outstanding 14340000 | Shares Floating 9686273 |
Shares Outstanding 14340000 | Shares Floating 9686273 | ||
Percent Insiders 16.45 | Percent Institutions 107.29 |
Analyst Ratings
Rating 4 | Target Price 25.67 | Buy 2 | Strong Buy 2 |
Buy 2 | Strong Buy 2 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
ModivCare Inc
Company Overview
History and Background
ModivCare Inc., formerly known as LogistiCare Solutions, was founded in 1996. Initially focused on managing non-emergency medical transportation (NEMT), it expanded its services through acquisitions and organic growth to include personal care and remote patient monitoring.
Core Business Areas
- NEMT: Manages non-emergency medical transportation services for state and managed care organizations.
- Personal Care: Provides in-home personal care services to individuals, including assistance with daily living activities.
- Remote Patient Monitoring: Offers remote patient monitoring solutions to healthcare providers.
Leadership and Structure
Daniel Greenleaf serves as the CEO. The company has a typical corporate structure with a board of directors and various executive leadership positions overseeing different business segments.
Top Products and Market Share
Key Offerings
- NEMT Services: Non-emergency medical transportation (NEMT) services are ModivCare's primary revenue generator. They facilitate rides for Medicaid and Medicare beneficiaries to medical appointments. Competitors include MTM, Veyo, and Access2Care. Revenue for the NEMT segment is a significant portion of the total revenue, but exact market share is difficult to pinpoint due to regional variations in contracts.
- Personal Care Services: Provides assistance with activities of daily living (ADLs) in the home. Competitors include Addus HomeCare and LHC Group. Growth in this segment is driven by the aging population and the desire for in-home care. Revenue derived is smaller than NEMT, but growing. Specific market share data is unavailable.
- Remote Patient Monitoring: Provides hardware and monitoring services to health plans and providers. Competitors include Teladoc Health and American Well. ModivCare's revenue from RPM is the smallest of its segments, with exact market share data unknown.
Market Dynamics
Industry Overview
The healthcare transportation and home care industries are experiencing growth driven by aging populations, increased focus on value-based care, and Medicaid/Medicare programs. Remote patient monitoring is benefiting from technological advancements and increasing demand for virtual care.
Positioning
ModivCare is a leading provider of NEMT and personal care services, positioned as a value-added partner for managed care organizations and government agencies. Their RPM capabilities enhance their integrated service offering.
Total Addressable Market (TAM)
The combined TAM for NEMT, personal care, and RPM is estimated in the tens of billions of dollars. ModivCare is positioned to capture a significant portion of this TAM by leveraging its existing infrastructure and expanding service offerings.
Upturn SWOT Analysis
Strengths
- Established market position in NEMT
- Diversified service offerings
- Strong relationships with managed care organizations
- Technology-enabled solutions
Weaknesses
- Dependence on government contracts
- Exposure to regulatory changes
- Competitive landscape
- Fluctuations in healthcare funding
Opportunities
- Expanding telehealth and remote monitoring services
- Acquiring smaller competitors
- Capitalizing on the aging population
- Further penetration of existing markets
Threats
- Changes in government healthcare policy
- Increased competition
- Economic downturn
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- MTM (Private)
- Veyo (Private)
- Addus HomeCare (ADUS)
- LHC Group (LHCG)
Competitive Landscape
ModivCare operates in a competitive market. Its advantages include its established market position and diversified service offerings. Challenges include navigating regulatory changes and competing with larger players.
Major Acquisitions
CareFinders Total Management
- Year: 2019
- Acquisition Price (USD millions): 80
- Strategic Rationale: Expanded ModivCare's personal care service offerings and geographic reach.
Growth Trajectory and Initiatives
Historical Growth: ModivCare's growth has been driven by organic expansion of NEMT and personal care services, as well as strategic acquisitions. Revenue growth has been moderate to strong.
Future Projections: Analysts project continued revenue growth driven by demand for healthcare transportation and home care services. Expansion of RPM is expected to contribute to growth.
Recent Initiatives: Recent strategic initiatives include expanding remote patient monitoring services and focusing on value-based care partnerships.
Summary
ModivCare is a key player in the healthcare logistics and homecare space. It demonstrates robust growth potential in its core markets. Strong relationships with healthcare and managed care facilities are a plus. Exposure to regulatory changes and competition pose significant risks that it must manage efficiently.
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AMED
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Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Financial data may be outdated.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ModivCare Inc
Exchange NASDAQ | Headquaters Denver, CO, United States | ||
IPO Launch date 2003-08-20 | CEO, President, Interim President of Modivcare Home & Director Mr. L. Heath Sampson CPA | ||
Sector Healthcare | Industry Medical Care Facilities | Full time employees 23675 | Website https://www.modivcare.com |
Full time employees 23675 | Website https://www.modivcare.com | ||
ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and their members in the United States. It operates through four segments: Non-Emergency Medical Transportation, Personal Care Services, Monitoring, and Corporate and Other. The Non-Emergency Medical Transportation segment offers risk underwriting, contact center management, network credentialing, claims management, and non-emergency medical transport management services for Medicaid or Medicare eligible members. The Personal Care Services segment provides in-home personal care services, such as bathing, personal hygiene, grooming, oral care, dressing, medication reminders, meal planning, preparation and feeding, housekeeping, transportation services, prescription reminders, assistance with dressing and ambulation services, home health aides, and nurses primarily to Medicaid patients in need of care monitoring and assistance in performing daily living activities in the home setting, including senior citizens and disabled adults. The Monitoring segment offers in-home clinical monitoring and quality improvement services, including personal emergency response systems, vitals monitoring devices, and relationship-based care and data-driven patient engagement solutions. The Corporate and Other segment maintains a network of community-based clinicians that deliver in-home and on-site services. It serves federal, state, and local government agencies, managed care organizations, 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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