-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：我們將MOH的12個月目標股價從165美元上調至190美元，相當於我們2026年企業價值/息稅折舊攤銷前利潤（EV/EBITDA）預測值的13.1倍，高於MOH過去五年歷史平均水平9.2倍。以預期本益比計算，我們的目標本益比為38.3倍，遠高於過去五年歷史平均值16.1倍。我們認為，MOH在各項指標上的估值溢價部分源於其盈利能力低迷造成的扭曲，但隨著盈利能力的恢復，這種情況將在未來幾年內逐漸恢復正常。儘管MOH第一季每股盈餘（EPS）超出預期，但該公司重申了其2026年全年業績指引，預計保費收入約為420億美元，調整後每股盈餘至少為5.00美元。鑑於《俄克拉荷馬州預算協調法案》（OBBBA）削減醫療補助資金即將帶來的不利影響，我們認為近期業績前景不明朗。我們預計在2026年5月8日舉行的投資者日以及7月的第二季財報電話會議上獲得更全面的業績指引。我們將2026年每股盈餘預期從5.03美元下調至4.96美元，並將2027年每股盈餘預期從7.71美元上調至8.54美元。
Related Articles
Asia
FINEOS Reports Higher Q1 Customer Cash Receipts
FINEOS (ASX:FCL) reported first-quarter customer cash receipts of 56.5 million euros, up 9.3% year-on-year, driven by subscription fee revenues invoiced in January, according to a Monday Australian bourse filing.The company recorded customer cash receipts of 51.7 million euros for the three months ending March 31, 2025, an earlier filing showed.Exchange rate movements during the quarter had a positive impact of 1 million euros on the cash balance.The company's full-year revenue guidance remains in the range of 147 million euros to 152 million euros.The company's shares fell 1% in recent Monday trade.
$ASX:FCL
Asia
Changyu Holding Prices IPO at 13.86 Yuan
Changyu Holding (SHA:603407) priced its initial public offering on the Shanghai Stock Exchange of 41 million shares at 13.86 yuan apiece to raise 568.3 million yuan, according to a weekend filing on the bourse.Proceeds will be invested in the company's zirconium oxychloride and deep-processing project, a nylon elastomer products project, and a bioceramics and functional ceramics products project.
$SHA:603407
Asia
Shaanxi Coal Industry's 2025 Profit Drops 25%, Revenue Falls 14%; Shares Down 4%
Shaanxi Coal Industry's (SHA:601225) net profit attributable to shareholders in 2025 dropped 25% year on year to 16.8 billion yuan, or 1.73 yuan per share, according to a Saturday filing on the Shanghai bourse.The coal miner's share dropped 4% during the morning trade.The attributable profit a year earlier was 22.4 billion yuan, or 2.31 yuan per share.Operating revenue fell 14% to 158.2 billion yuan from 184.1 billion yuan in the previous year.
$SHA:601225