Brokerages predict that ManTech International Corporation (NASDAQ:MANT) will report $429.05 million in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for ManTech International Corporation’s earnings, with estimates ranging from $425.00 million to $430.80 million. ManTech International Corporation posted sales of $415.40 million in the same quarter last year, which suggests a positive year over year growth rate of 3.3%. The business is scheduled to report its next earnings results on Wednesday, November 1st.

According to Zacks, analysts expect that ManTech International Corporation will report full-year sales of $429.05 million for the current fiscal year, with estimates ranging from $1.66 billion to $1.69 billion. For the next fiscal year, analysts expect that the business will report sales of $1.73 billion per share, with estimates ranging from $1.72 billion to $1.75 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover ManTech International Corporation.

ManTech International Corporation (NASDAQ:MANT) last posted its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.03. The business had revenue of $413.70 million during the quarter, compared to the consensus estimate of $418.60 million. ManTech International Corporation had a net margin of 3.59% and a return on equity of 4.73%. ManTech International Corporation’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 EPS.

Several research firms have commented on MANT. BidaskClub upgraded shares of ManTech International Corporation from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Zacks Investment Research raised shares of ManTech International Corporation from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Saturday, August 5th. Noble Financial reaffirmed a “hold” rating on shares of ManTech International Corporation in a research report on Thursday, August 3rd. Maxim Group set a $44.00 price objective on shares of ManTech International Corporation and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Finally, Cowen and Company reaffirmed a “hold” rating and set a $38.00 price objective on shares of ManTech International Corporation in a research report on Tuesday, May 2nd. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $40.67.

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In related news, insider Daniel J. Keefe sold 9,989 shares of ManTech International Corporation stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $38.66, for a total value of $386,174.74. Following the completion of the sale, the insider now owns 9,989 shares of the company’s stock, valued at approximately $386,174.74. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Daniel J. Keefe sold 2,511 shares of ManTech International Corporation stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $38.72, for a total value of $97,225.92. Following the completion of the sale, the insider now directly owns 2,511 shares of the company’s stock, valued at approximately $97,225.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 15,500 shares of company stock valued at $603,431. Insiders own 35.06% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Migdal Insurance & Financial Holdings Ltd. raised its position in ManTech International Corporation by 43.6% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,888 shares of the technology company’s stock worth $153,000 after buying an additional 1,181 shares during the last quarter. GLG Partners LP acquired a new stake in shares of ManTech International Corporation during the second quarter worth about $166,000. Mason Street Advisors LLC increased its stake in shares of ManTech International Corporation by 7.9% in the first quarter. Mason Street Advisors LLC now owns 5,976 shares of the technology company’s stock worth $207,000 after buying an additional 436 shares during the period. State of Alaska Department of Revenue increased its stake in shares of ManTech International Corporation by 79.1% in the second quarter. State of Alaska Department of Revenue now owns 5,051 shares of the technology company’s stock worth $209,000 after buying an additional 2,231 shares during the period. Finally, West Coast Financial LLC acquired a new stake in shares of ManTech International Corporation during the second quarter worth about $211,000. 61.04% of the stock is owned by institutional investors and hedge funds.

Shares of ManTech International Corporation (MANT) opened at 39.23 on Wednesday. ManTech International Corporation has a one year low of $33.50 and a one year high of $45.52. The company has a market capitalization of $1.53 billion, a P/E ratio of 25.86 and a beta of 0.94. The firm has a 50-day moving average of $39.99 and a 200-day moving average of $38.03.

The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 8th will be given a dividend of $0.21 per share. This represents a dividend yield of 2.01%. The ex-dividend date is Thursday, September 7th. ManTech International Corporation’s dividend payout ratio is presently 27.63%.

About ManTech International Corporation

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

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Earnings History and Estimates for ManTech International Corporation (NASDAQ:MANT)

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