Several analysts have recently updated their ratings and price targets for Maximus (NYSE: MMS):

  • 8/5/2017 – Maximus was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $68.00 price target on the stock. According to Zacks, “MAXIMUS, Inc. is an extremely dynamic and complex organization that offers government and industry a range of unique services, products, and solutions. The diverse services and products that MAXIMUS offers may be categorized into three groups: Government Program Management and Operations, Consulting, and Systems. Government Program Management and Operations focuses on having a measurable impact on the lives of the citizens we help government serve. The insights of MAXIMUS Consulting, and the technological innovations advanced through Systems, help government gain program efficiencies and pursue improvements that in turn benefit citizens. “
  • 8/3/2017 – Maximus was given a new $66.00 price target on by analysts at Maxim Group. They now have a “hold” rating on the stock.
  • 7/26/2017 – Maximus was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “MAXIMUS, Inc. is an extremely dynamic and complex organization that offers government and industry a range of unique services, products, and solutions. The diverse services and products that MAXIMUS offers may be categorized into three groups: Government Program Management and Operations, Consulting, and Systems. Government Program Management and Operations focuses on having a measurable impact on the lives of the citizens we help government serve. The insights of MAXIMUS Consulting, and the technological innovations advanced through Systems, help government gain program efficiencies and pursue improvements that in turn benefit citizens. “
  • 7/24/2017 – Maximus was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/18/2017 – Maximus was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “MAXIMUS, Inc. is an extremely dynamic and complex organization that offers government and industry a range of unique services, products, and solutions. The diverse services and products that MAXIMUS offers may be categorized into three groups: Government Program Management and Operations, Consulting, and Systems. Government Program Management and Operations focuses on having a measurable impact on the lives of the citizens we help government serve. The insights of MAXIMUS Consulting, and the technological innovations advanced through Systems, help government gain program efficiencies and pursue improvements that in turn benefit citizens. “
  • 7/13/2017 – Maximus was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/6/2017 – Maximus was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/4/2017 – Maximus was downgraded by analysts at Canaccord Genuity from a “buy” rating to a “hold” rating. They now have a $62.00 price target on the stock.

Shares of Maximus, Inc. (NYSE MMS) opened at 61.50 on Tuesday. The company has a market cap of $3.99 billion, a P/E ratio of 20.16 and a beta of 1.39. Maximus, Inc. has a 12 month low of $43.69 and a 12 month high of $64.97. The company’s 50 day moving average is $61.91 and its 200-day moving average is $60.73.

Maximus (NYSE:MMS) last released its quarterly earnings data on Thursday, August 3rd. The health services provider reported $0.79 EPS for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.03. Maximus had a net margin of 8.43% and a return on equity of 25.08%. The firm had revenue of $600.40 million during the quarter, compared to analysts’ expectations of $614.12 million. During the same period in the previous year, the business posted $0.79 earnings per share. The company’s revenue for the quarter was down 2.7% compared to the same quarter last year. Analysts expect that Maximus, Inc. will post $3.09 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.045 per share. The ex-dividend date is Friday, August 11th. This represents a $0.18 dividend on an annualized basis and a yield of 0.29%. Maximus’s dividend payout ratio (DPR) is 5.73%.

In other news, President Bruce Caswell sold 17,197 shares of the business’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $62.47, for a total value of $1,074,296.59. Following the completion of the sale, the president now owns 27,904 shares of the company’s stock, valued at $1,743,162.88. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mark Andrekovich sold 8,939 shares of the business’s stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $64.01, for a total transaction of $572,185.39. Following the completion of the sale, the insider now directly owns 24,583 shares of the company’s stock, valued at approximately $1,573,557.83. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 109,636 shares of company stock valued at $6,874,122. Company insiders own 3.10% of the company’s stock.

MAXIMUS, Inc provides business process services (BPS) to government health and human services agencies. The Company operates through three segments: U.S. Federal Services, Health Services and Human Services. The U.S. Federal Services segment provides BPS and program management for large government programs, independent health review and appeals services for both the United States Federal Government, and state-based programs and technology solutions for civilian federal programs.

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