Maximus (NYSE:MMS) Releases Quarterly Earnings Results

Maximus (NYSE:MMS - Get Free Report) posted its quarterly earnings data on Thursday. The health services provider reported $1.61 EPS for the quarter, topping analysts' consensus estimates of $1.39 by $0.22, Zacks reports. Maximus had a return on equity of 21.95% and a net margin of 5.28%. Maximus updated its FY 2025 guidance to 5.900-6.200 EPS.

Maximus Trading Down 0.1 %

Shares of MMS traded down $0.04 during trading hours on Monday, hitting $69.75. 812,509 shares of the stock traded hands, compared to its average volume of 732,954. The company has a current ratio of 1.72, a quick ratio of 1.49 and a debt-to-equity ratio of 0.82. Maximus has a 1-year low of $68.15 and a 1-year high of $93.97. The firm has a market capitalization of $3.98 billion, a PE ratio of 15.00 and a beta of 0.72. The business has a fifty day moving average of $74.64 and a 200-day moving average of $83.12.

Maximus Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders 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 dividend yield of 1.72%. The ex-dividend date of this dividend is Friday, February 14th. Maximus's dividend payout ratio (DPR) is presently 25.81%.

Insider Activity

In related news, insider Michelle F. Link sold 2,208 shares of the company's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $73.83, for a total value of $163,016.64. Following the completion of the sale, the insider now owns 6,567 shares in the company, valued at approximately $484,841.61. This represents a 25.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Bruce Caswell acquired 3,500 shares of the company's stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average price of $70.64 per share, with a total value of $247,240.00. Following the acquisition, the chief executive officer now directly owns 275,929 shares of the company's stock, valued at $19,491,624.56. The trade was a 1.28 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 7,063 shares of company stock valued at $502,017 over the last 90 days. 1.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Raymond James raised Maximus from a "market perform" rating to an "outperform" rating and set a $90.00 price objective on the stock in a research note on Thursday, January 2nd. StockNews.com raised Maximus from a "hold" rating to a "buy" rating in a research note on Thursday.

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.