Maximus (MMS) Expected to Announce 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. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Maximus Stock Performance

Shares of NYSE:MMS opened at $75.88 on Tuesday. The business has a 50-day moving average of $74.76 and a two-hundred day moving average of $83.78. The firm has a market capitalization of $4.33 billion, a PE ratio of 15.18 and a beta of 0.72. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.49. Maximus has a 12 month low of $69.72 and a 12 month high of $93.97.

Maximus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Saturday, February 15th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Friday, February 14th. Maximus’s dividend payout ratio (DPR) is presently 24.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. StockNews.com raised shares of Maximus from a “hold” rating to a “buy” rating in a research report on Wednesday, January 29th. Raymond James upgraded Maximus from a “market perform” rating to an “outperform” rating and set a $90.00 target price for the company in a research note on Thursday, January 2nd.

Insider Activity

In other Maximus news, CEO Bruce Caswell purchased 3,500 shares of Maximus stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average price of $70.64 per share, with a total value of $247,240.00. Following the completion of the acquisition, the chief executive officer now owns 275,929 shares of the company’s stock, valued at approximately $19,491,624.56. This trade represents a 1.28 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michelle F. Link sold 2,208 shares of Maximus stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $73.83, for a total value of $163,016.64. Following the sale, the insider now owns 6,567 shares in the company, valued at $484,841.61. This represents a 25.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders bought 7,063 shares of company stock worth $502,017. 1.60% of the stock is currently owned by company insiders.

About Maximus

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.