Maximus Director Sells $546,294 in Stock (MMS)
Maximus (NYSE:MMS) Director Peter Pond sold 12,746 shares of the company’s stock on the open market in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $42.86, for a total transaction of $546,293.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Maximus from $47.00 to $53.00 in a research note to investors on Monday, November 18th. They now have a “buy” rating on the stock. Analysts at Zacks upgraded shares of Maximus from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, October 14th. They now have a $49.80 price target on the stock. Seven research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average target price of $60.20.
Maximus (NYSE:MMS) last posted its quarterly earnings results on Friday, November 15th. The company reported $0.51 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.01. The company had revenue of $384.30 million for the quarter, compared to the consensus estimate of $359.35 million. During the same quarter last year, the company posted $0.37 earnings per share. Maximus’s revenue was up 27.8% compared to the same quarter last year.
MAXIMUS, Inc is a provider of business process services (NYSE:MMS) to government health and human services agencies under its mission of Helping Government Serve the People.
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