Maximus (MMS) Projected to Post Quarterly Earnings on Thursday

Maximus (NYSE:MMS) is projected to post its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Maximus to post earnings of $1.39 per share and revenue of $1.29 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Maximus Stock Performance

Shares of MMS stock opened at $75.37 on Thursday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.59. Maximus has a 52 week low of $69.72 and a 52 week high of $93.97. The stock has a market capitalization of $4.54 billion, a PE ratio of 15.07 and a beta of 0.73. The firm has a 50 day moving average of $74.64 and a two-hundred day moving average of $84.15.

Maximus Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Saturday, February 15th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.20 annualized dividend and a yield of 1.59%. Maximus’s dividend payout ratio is presently 24.00%.

Insider Transactions at Maximus

In related news, insider Michelle F. Link sold 2,208 shares of Maximus stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $73.83, for a total transaction of $163,016.64. Following the sale, the insider now directly owns 6,567 shares in the company, valued at $484,841.61. This trade represents a 25.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Bruce Caswell purchased 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average price of $70.64 per share, for a total transaction of $247,240.00. Following the completion of the purchase, the chief executive officer now directly owns 275,929 shares in the company, valued at $19,491,624.56. This represents a 1.28 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders bought 7,063 shares of company stock valued at $502,017. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Raymond James raised shares of Maximus from a “market perform” rating to an “outperform” rating and set a $90.00 price target for the company in a research report on Thursday, January 2nd. StockNews.com raised shares of Maximus from a “hold” rating to a “buy” rating in a research report on Wednesday.

Maximus Company Profile

Maximus, Inc operates as a provider of government services in the United States and internationally. It operates through three segments: U.S. Federal Services, U.S. Services, and Outside the U.S. The U.S. Services segment offers program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; and person-centered independent disability, long-term sick, and other health assessments.