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MAXIMUS (NYSE:MMS) Director Russell A. Beliveau sold 1,000 shares of the company’s stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $44.38, for a total transaction of $44,380.00. Following the transaction, the director now directly owns 52,179 shares in the company, valued at approximately $2,315,704. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Separately, analysts at Zacks downgraded shares of MAXIMUS from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 15th. They now have a $53.80 price target on the stock. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $54.93.

Shares of MAXIMUS (NYSE:MMS) traded down 0.70% on Tuesday, hitting $44.09. The stock had a trading volume of 176,598 shares. MAXIMUS has a 1-year low of $34.65 and a 1-year high of $50.55. The stock’s 50-day moving average is $42.85 and its 200-day moving average is $44.30. The company has a market cap of $2.985 billion and a P/E ratio of 22.29.

MAXIMUS (NYSE:MMS) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.03. The company had revenue of $439.00 million for the quarter, compared to the consensus estimate of $432.35 million. During the same quarter in the previous year, the company posted $0.72 earnings per share. The company’s revenue for the quarter was up 34.5% on a year-over-year basis. Analysts expect that MAXIMUS will post $2.06 EPS for the current fiscal year.

MAXIMUS, Inc provides 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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