ManTech International Corp. Lowered to Underperform at Zacks (MANT)
ManTech International Corp. (NASDAQ:MANT) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Monday, Analyst Ratings.Net reports. They currently have a $26.40 price target on the stock. Zacks‘ price target would indicate a potential downside of 5.71% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital cut their price target on shares of ManTech International Corp. from $23.00 to $20.00 in a research note on Thursday. They now have an “underperform” rating on the stock. Analysts at TheStreet upgraded shares of ManTech International Corp. from a “hold” rating to a “buy” rating in a research note on Thursday. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $22.47.
ManTech International Corp. (NASDAQ:MANT) traded up 0.74% on Monday, hitting $28.015. The stock had a trading volume of 175,077 shares. ManTech International Corp. has a 52 week low of $23.89 and a 52 week high of $31.10. The stock’s 50-day moving average is $29.26 and its 200-day moving average is $28.71. The company’s market cap is $1.035 billion.
ManTech International Corp. (NASDAQ:MANT) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.54 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.42 by $0.12. The company had revenue of $491.50 million for the quarter, compared to the consensus estimate of $523.36 million. Analysts expect that ManTech International Corp. will post $1.49 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 21st. Investors of record on Friday, March 7th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Wednesday, March 5th.
ManTech International Corporation (NASDAQ:MANT) is a provider of technologies and solutions for mission-critical national security programs for the intelligence community; Departments of Defense (DOD), State, Homeland Security, Energy and Justice, including the Federal Bureau of Investigations (FBI); the space community, and other United States federal government customers.
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