Market Recap: Maximus Inc. (MMS)’s Positive Momentum, Closing at 84.76

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The closing price of Maximus Inc. (NYSE: MMS) was $84.76 for the day, up 1.30% from the previous closing price of $83.67. In other words, the price has increased by $1.30 from its previous closing price. On the day, 0.67 million shares were traded. MMS stock price reached its highest trading level at $86.03 during the session, while it also had its lowest trading level at $82.98.

Ratios:

Our analysis of MMS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 43.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.53 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.69.

On August 18, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $102.

Raymond James Downgraded its Strong Buy to Outperform on June 28, 2021, whereas the target price for the stock was revised from $110 to $105.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 29 ’24 when RAJAN GAYATHRI bought 56 shares for $84.06 per share. The transaction valued at 4,735 led to the insider holds 15,839 shares of the business.

Mutryn David sold 8,000 shares of MMS for $671,624 on Feb 16 ’24. The Chief Financial Officer now owns 5,124 shares after completing the transaction at $83.95 per share. On Dec 13 ’23, another insider, Weipert Teresa, who serves as the GM – US Federal Services of the company, sold 2,145 shares for $85.19 each. As a result, the insider received 182,737 and left with 3,348 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MMS now has a Market Capitalization of 5153111552 and an Enterprise Value of 6446841856. As of this moment, Maximus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.24, and their Forward P/E ratio for the next fiscal year is 13.91. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 2.89. Its current Enterprise Value per Revenue stands at 1.258 whereas that against EBITDA is 12.786.

Stock Price History:

The Beta on a monthly basis for MMS is 0.74, which has changed by 0.06509173 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, MMS has reached a high of $90.65, while it has fallen to a 52-week low of $72.39. The 50-Day Moving Average of the stock is 2.94%, while the 200-Day Moving Average is calculated to be 4.97%.

Shares Statistics:

MMS traded an average of 279.84K shares per day over the past three months and 344170 shares per day over the past ten days. A total of 61.00M shares are outstanding, with a floating share count of 60.42M. Insiders hold about 1.01% of the company’s shares, while institutions hold 97.08% stake in the company. Shares short for MMS as of 1714435200 were 501578 with a Short Ratio of 1.79, compared to 1711584000 on 631710. Therefore, it implies a Short% of Shares Outstanding of 501578 and a Short% of Float of 1.5.

Dividends & Splits

With its trailing 12-month dividend rate of 1.18, MMS has a forward annual dividend rate of 1.16. Against a Trailing Annual Dividend Yield of 0.014103023The stock’s 5-year Average Dividend Yield is 1.45. The current Payout Ratio is 42.54% for MMS, which recently paid a dividend on 2024-02-14 with an ex-dividend date of 1715644800. Stock splits for the company last occurred on 2013-07-01 when the company split stock in a 2:1 ratio.

Earnings Estimates

Investors are eagerly awaiting the insights provided by 3.0 analysts currently analyzing and rating the stock of Maximus Inc. (MMS).On average, analysts expect EPS of $0.94 for the current quarter, with a high estimate of $1.06 and a low estimate of $0.78, while EPS last year was $0.5. The consensus estimate for the next quarter is $1.21, with high estimates of $1.29 and low estimates of $1.17.

Analysts are recommending an EPS of between $4.43 and $4.14 for the fiscal current year, implying an average EPS of $4.29. EPS for the following year is $5.07, with 3.0 analysts recommending between $5.35 and $4.89.

Revenue Estimates

For the next quarter, 3 analysts are estimating revenue of $1.31B. There is a high estimate of $1.31B for the next quarter, whereas the lowest estimate is $1.3B.

A total of 3 analysts have provided revenue estimates for MMS’s current fiscal year. The highest revenue estimate was $5.2B, while the lowest revenue estimate was $5.12B, resulting in an average revenue estimate of $5.16B. In the same quarter a year ago, actual revenue was $4.9BBased on 3 analysts’ estimates, the company’s revenue will be $5.38B in the next fiscal year. The high estimate is $5.43B and the low estimate is $5.31B.

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