Equities analysts forecast that Mantech International Corp (NASDAQ:MANT) will announce earnings of $0.39 per share for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Mantech International’s earnings, with the lowest EPS estimate coming in at $0.37 and the highest estimate coming in at $0.41. Mantech International posted earnings of $0.35 per share during the same quarter last year, which indicates a positive year over year growth rate of 11.4%. The business is expected to announce its next quarterly earnings report on Wednesday, February 28th.

According to Zacks, analysts expect that Mantech International will report full year earnings of $1.56 per share for the current financial year, with EPS estimates ranging from $1.55 to $1.57. For the next year, analysts anticipate that the company will post earnings of $1.73 per share, with EPS estimates ranging from $1.63 to $1.78. Zacks’ earnings per share calculations are an average based on a survey of research firms that cover Mantech International.

Mantech International (NASDAQ:MANT) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.01. The business had revenue of $422.70 million during the quarter, compared to analysts’ expectations of $427.44 million. Mantech International had a return on equity of 4.73% and a net margin of 3.61%. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.38 EPS.

Several equities analysts have recently issued reports on MANT shares. Wells Fargo & Co boosted their price objective on Mantech International from $42.00 to $44.00 and gave the company an “underperform” rating in a report on Wednesday, October 25th. Zacks Investment Research cut Mantech International from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Maxim Group upped their price target on Mantech International from $47.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, November 2nd. Cowen reaffirmed a “buy” rating and issued a $49.00 price target on shares of Mantech International in a report on Thursday, October 12th. Finally, Loop Capital upped their price target on Mantech International from $45.00 to $53.00 and gave the stock a “buy” rating in a report on Thursday, November 2nd. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $46.57.

Mantech International (NASDAQ MANT) opened at $51.21 on Friday. The stock has a market capitalization of $1,968.76, a PE ratio of 33.47, a PEG ratio of 3.65 and a beta of 0.97. Mantech International has a fifty-two week low of $33.50 and a fifty-two week high of $53.29.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Friday, December 8th were issued a $0.21 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $0.84 dividend on an annualized basis and a yield of 1.64%. Mantech International’s payout ratio is 27.45%.

In other Mantech International news, insider Daniel J. Keefe sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $49.85, for a total transaction of $324,025.00. Following the completion of the sale, the insider now directly owns 6,500 shares in the company, valued at approximately $324,025. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Mary K. Bush sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $50.45, for a total value of $50,450.00. Following the sale, the director now owns 7,540 shares of the company’s stock, valued at $380,393. The disclosure for this sale can be found here. Insiders sold a total of 65,500 shares of company stock valued at $3,206,080 in the last ninety days. 22.28% of the stock is currently owned by insiders.

Large investors have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Mantech International by 297.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,283 shares of the technology company’s stock worth $145,000 after buying an additional 2,458 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of Mantech International by 43.6% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,888 shares of the technology company’s stock valued at $153,000 after purchasing an additional 1,181 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Mantech International in the third quarter valued at approximately $165,000. GLG Partners LP purchased a new stake in shares of Mantech International in the second quarter valued at approximately $166,000. Finally, Public Employees Retirement System of Ohio grew its position in shares of Mantech International by 5.5% in the second quarter. Public Employees Retirement System of Ohio now owns 4,576 shares of the technology company’s stock valued at $189,000 after purchasing an additional 239 shares in the last quarter. Institutional investors own 63.24% of the company’s stock.

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About Mantech International

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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