Maximus (MMS) Projected to Post Quarterly Earnings on Thursday

Maximus (NYSE:MMS - Get Free Report) 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. Investors that wish to register for the company's conference call can do so using this link.

Maximus Stock Up 0.1 %

NYSE MMS traded up $0.11 during trading on Thursday, reaching $75.41. 165,811 shares of the company's stock were exchanged, compared to its average volume of 584,396. The company has a 50 day moving average price of $74.64 and a two-hundred day moving average price of $84.15. The stock has a market cap of $4.55 billion, a P/E ratio of 15.08 and a beta of 0.73. Maximus has a 1 year low of $69.72 and a 1 year high of $93.97. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.49 and a current ratio of 1.49.

Maximus Announces Dividend

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 paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, February 14th. Maximus's payout ratio is 24.00%.

Insiders Place Their Bets

In related news, Director Raymond B. Ruddy acquired 3,490 shares of Maximus stock in a transaction on Thursday, December 12th. The stock was purchased at an average cost of $71.46 per share, with a total value of $249,395.40. Following the purchase, the director now directly owns 112,520 shares in the company, valued at approximately $8,040,679.20. The trade was a 3.20 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Bruce Caswell acquired 3,500 shares of the firm's stock in a transaction on Tuesday, December 17th. The shares were bought at an average cost of $70.64 per share, with a total value of $247,240.00. Following the completion of the transaction, the chief executive officer now directly owns 275,929 shares in the company, valued at $19,491,624.56. This trade represents a 1.28 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 7,063 shares of company stock valued at $502,017 over the last quarter. Company insiders own 1.40% of the company's stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Raymond James raised shares of Maximus from a "market perform" rating to an "outperform" rating and set a $90.00 price objective on the stock in a 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.