Mantech International Corp (NASDAQ:MANT) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Friday, December 6th will be paid a dividend of 0.27 per share by the technology company on Friday, December 20th. This represents a $1.08 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Thursday, December 5th.
NASDAQ:MANT opened at $77.35 on Tuesday. Mantech International has a twelve month low of $48.25 and a twelve month high of $86.28. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average price of $74.46 and a two-hundred day moving average price of $68.69. The company has a market cap of $3.11 billion, a P/E ratio of 37.55, a price-to-earnings-growth ratio of 4.00 and a beta of 0.86.
Mantech International (NASDAQ:MANT) last posted its quarterly earnings data on Wednesday, October 30th. The technology company reported $0.69 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.09. The company had revenue of $579.18 million for the quarter, compared to the consensus estimate of $558.39 million. Mantech International had a net margin of 4.42% and a return on equity of 6.56%. The firm’s revenue was up 16.5% compared to the same quarter last year. During the same period last year, the company earned $0.55 earnings per share. As a group, analysts anticipate that Mantech International will post 2.42 earnings per share for the current fiscal year.
MANT has been the topic of several recent research reports. BidaskClub raised shares of Mantech International from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. SunTrust Banks cut Mantech International from a “buy” rating to a “hold” rating and set a $80.00 price objective for the company. in a report on Monday, November 25th. Morgan Stanley set a $66.00 target price on Mantech International and gave the company a “hold” rating in a research report on Wednesday, August 21st. Cowen reiterated a “buy” rating on shares of Mantech International in a report on Thursday, October 31st. Finally, Zacks Investment Research upgraded Mantech International from a “hold” rating to a “strong-buy” rating and set a $91.00 target price on the stock in a report on Saturday, November 2nd. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $75.50.
In related news, CFO Judith L. Bjornaas sold 9,000 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $80.98, for a total value of $728,820.00. 33.70% of the stock is currently owned by company insiders.
About Mantech International
ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation.
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