Maximus (NYSE:MMS) Issues Earnings Results

Maximus (NYSE:MMSGet Free Report) released its quarterly earnings results on Thursday. The health services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate 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 Stock Down 0.2 %

Shares of MMS opened at $69.86 on Friday. The firm has a market cap of $3.99 billion, a P/E ratio of 15.02 and a beta of 0.72. Maximus has a 1 year low of $68.30 and a 1 year high of $93.97. The stock has a 50 day simple moving average of $74.73 and a two-hundred day simple moving average of $83.38. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.72 and a quick ratio of 1.49.

Maximus Announces Dividend

The company 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 $0.30 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.20 dividend on an annualized basis and a yield of 1.72%. Maximus’s payout ratio is 25.81%.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on MMS

Insiders Place Their Bets

In related news, insider Michelle F. Link sold 2,208 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $73.83, for a total transaction of $163,016.64. Following the transaction, the insider now directly owns 6,567 shares in the company, valued at $484,841.61. This trade represents a 25.16 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Bruce Caswell acquired 3,500 shares of the stock in a transaction 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 transaction, the chief executive officer now directly owns 275,929 shares of the company’s stock, valued at approximately $19,491,624.56. The trade was a 1.28 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 7,063 shares of company stock valued at $502,017. 1.60% of the stock is currently owned by corporate insiders.

Maximus Company Profile

(Get Free Report)

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.

See Also

Earnings History for Maximus (NYSE:MMS)

Receive News & Ratings for Maximus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maximus and related companies with MarketBeat.com's FREE daily email newsletter.