The stock of MAXIMUS, Inc. (NYSE:MMS) is a huge mover today! About 205,184 shares traded hands. MAXIMUS, Inc. (NYSE:MMS) has risen 5.43% since March 7, 2016 and is uptrending. It has underperformed by 2.17% the S&P500.
The move comes after 5 months positive chart setup for the $3.62 billion company. It was reported on Oct, 10 by Barchart.com. We have $68.70 PT which if reached, will make NYSE:MMS worth $796.40M more.
Analysts await MAXIMUS, Inc. (NYSE:MMS) to report earnings on November, 10. They expect $0.73 earnings per share, up 37.74% or $0.20 from last year’s $0.53 per share. MMS’s profit will be $46.93 million for 19.28 P/E if the $0.73 EPS becomes a reality. After $0.75 actual earnings per share reported by MAXIMUS, Inc. for the previous quarter, Wall Street now forecasts -2.67% negative EPS growth.
MAXIMUS, Inc. (NYSE:MMS) Ratings Coverage
Out of 5 analysts covering MAXIMUS (NYSE:MMS), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. MAXIMUS has been the topic of 13 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The rating was maintained by Maxim Group on Thursday, August 6 with “Buy”. The rating was maintained by Jefferies on Tuesday, May 31 with “Buy”. On Friday, December 4 the stock rating was initiated by Stifel Nicolaus with “Buy”. As per Wednesday, September 16, the company rating was initiated by Canaccord Genuity. The stock of MAXIMUS, Inc. (NYSE:MMS) earned “Buy” rating by Maxim Group on Thursday, November 12. The rating was upgraded by Canaccord Genuity on Tuesday, March 8 to “Buy”. The rating was downgraded by Sidoti to “Neutral” on Friday, August 7. Maxim Group maintained MAXIMUS, Inc. (NYSE:MMS) on Thursday, February 4 with “Buy” rating. The firm has “Buy” rating given on Thursday, August 20 by Sidoti.
According to Zacks Investment Research, “MAXIMUS, Inc. is an extremely dynamic and complex organization that offers government and industry a range of unique services, products, and solutions. The diverse services and products that MAXIMUS offers may be categorized into three groups: Government Program Management and Operations, Consulting, and Systems. Government Program Management and Operations focuses on having a measurable impact on the lives of the citizens we help government serve. The insights of MAXIMUS Consulting, and the technological innovations advanced through Systems, help government gain program efficiencies and pursue improvements that in turn benefit citizens.”
Insitutional Activity: The institutional sentiment increased to 1 in 2016 Q2. Its up 0.05, from 0.95 in 2016Q1. The ratio is positive, as 25 funds sold all MAXIMUS, Inc. shares owned while 85 reduced positions. 22 funds bought stakes while 88 increased positions. They now own 61.27 million shares or 1.18% more from 60.56 million shares in 2016Q1.
Brown Advisory Incorporated owns 893,602 shares or 0.17% of their US portfolio. Copper Rock Cap Prtn Limited Company, a Massachusetts-based fund reported 398,242 shares. Analytic Investors Ltd Limited Liability Company has 0.01% invested in the company for 20,630 shares. Timessquare Cap Ltd Llc last reported 917,848 shares in the company. Kennedy Mngmt owns 117,785 shares or 0.13% of their US portfolio. Blackrock Inv Management Ltd Co last reported 401,550 shares in the company. Icon Advisers Co reported 22,500 shares or 0.08% of all its holdings. Thompson Davis Co, a Virginia-based fund reported 530 shares. Employees Retirement Systems Of Texas has invested 0.07% of its portfolio in MAXIMUS, Inc. (NYSE:MMS). Boston Partners holds 0.03% or 424,584 shares in its portfolio. Advantus Cap Mngmt accumulated 0.01% or 7,859 shares. Ironbridge Cap Ltd Partnership holds 164,329 shares or 0.4% of its portfolio. The Arizona-based Arizona State Retirement Systems has invested 0.02% in MAXIMUS, Inc. (NYSE:MMS). Moreover, Tiaa Cref Mngmt Lc has 0.01% invested in MAXIMUS, Inc. (NYSE:MMS) for 215,562 shares. Johnson Financial Gru last reported 1,003 shares in the company.
Insider Transactions: Since May 17, 2016, the stock had 0 insider buys, and 13 selling transactions for $7.64 million net activity. 1,500 shares were sold by FRANCIS DAVID, worth $88,035. Another trade for 6,750 shares valued at $369,762 was made by LEDERER PAUL R on Tuesday, May 17. RUDDY RAYMOND B sold 18,000 shares worth $1.08M. On Tuesday, September 20 the insider Caswell Bruce sold $1.14 million. Shares for $57,472 were sold by BELIVEAU RUSSELL A on Thursday, June 2. MONTONI RICHARD A sold 25,000 shares worth $1.35M. WEBB WELLINGTON E sold $31,894 worth of MAXIMUS, Inc. (NYSE:MMS) on Monday, June 6.
More important recent MAXIMUS, Inc. (NYSE:MMS) news were published by: Democratandchronicle.com which released: “Maximus opening Gates call center, 2000 jobs promised” on July 06, 2016, also Fool.com published article titled: “Why Maximus Inc. Fell 22% on Thursday”, Bizjournals.com published: “Maximus could take $25 million revenue hit from Brexit” on August 05, 2016. More interesting news about MAXIMUS, Inc. (NYSE:MMS) was released by: Democratandchronicle.com and their article: “Maximus holding job fair today at MCC” with publication date: August 03, 2016.
MMS Company Profile
MAXIMUS, Inc., incorporated on October 18, 2007, provides business process services (BPS) to Government health and human services agencies. The Firm is primarily focused on operating Government-sponsored programs, such as Medicaid, children’s health insurance program (CHIP), health insurance exchanges and other health care reform initiatives, medicare, welfare-to-work, child support services and other Government programs. The Firm provides health and human services to Governments in the United States, Australia, Canada, the United Kingdom and Saudi Arabia. The Companyâ€™s divisions include Health Services and Human Services. The Company’s United States federal services business provides various contract vehicles.
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