Maximus (NYSE:MMS) Hits New 1-Year High – Should You Buy?

by · The Cerbat Gem

Maximus, Inc. (NYSE:MMS – Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $97.41 and last traded at $96.8170, with a volume of 19430 shares changing hands. The stock had previously closed at $96.59.

Analyst Ratings Changes

Several analysts have recently issued reports on MMS shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Maximus in a research report on Monday, December 29th. Zacks Research upgraded shares of Maximus from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Strong Buy”.

Check Out Our Latest Report on MMS

Maximus Stock Performance

The stock has a 50-day moving average price of $85.77 and a 200 day moving average price of $83.53. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $5.25 billion, a price-to-earnings ratio of 17.38 and a beta of 0.56.

Maximus (NYSE:MMS – Get Free Report) last issued its quarterly earnings results on Thursday, November 20th. The health services provider reported $1.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.01). Maximus had a return on equity of 25.23% and a net margin of 5.87%.The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the prior year, the firm earned $1.46 EPS. The firm’s revenue was up .2% compared to the same quarter last year. Maximus has set its FY 2026 guidance at 7.950-8.250 EPS. On average, analysts forecast that Maximus, Inc. will post 6.15 EPS for the current year.

Maximus Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 13th will be paid a dividend of $0.33 per share. The ex-dividend date is Friday, February 13th. This is an increase from Maximus’s previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.4%. Maximus’s payout ratio is presently 21.58%.

Insider Buying and Selling

In other Maximus news, insider Michelle F. Link sold 4,039 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $86.84, for a total value of $350,746.76. Following the sale, the insider directly owned 19,542 shares in the company, valued at $1,697,027.28. This trade represents a 17.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Arizona State Retirement System raised its position in shares of Maximus by 0.9% during the 3rd quarter. Arizona State Retirement System now owns 16,674 shares of the health services provider’s stock worth $1,524,000 after acquiring an additional 156 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Maximus by 21.7% in the second quarter. Parkside Financial Bank & Trust now owns 879 shares of the health services provider’s stock valued at $62,000 after purchasing an additional 157 shares during the last quarter. GAMMA Investing LLC increased its stake in Maximus by 13.9% in the third quarter. GAMMA Investing LLC now owns 1,337 shares of the health services provider’s stock valued at $122,000 after purchasing an additional 163 shares during the last quarter. Trust Point Inc. raised its holdings in Maximus by 3.7% during the third quarter. Trust Point Inc. now owns 5,286 shares of the health services provider’s stock worth $483,000 after purchasing an additional 191 shares in the last quarter. Finally, Richardson Financial Services Inc. lifted its position in shares of Maximus by 123.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 348 shares of the health services provider’s stock worth $32,000 after buying an additional 192 shares during the last quarter. Hedge funds and other institutional investors own 97.21% of the company’s stock.

About Maximus

(Get Free Report)

Maximus, Inc (NYSE: MMS) is a global provider of government services focused on delivering health and human services programs. The company partners with federal, state, and local agencies to administer and manage programs that support individuals and families across various stages of life. Key service areas include eligibility determination and enrollment services for Medicaid, Medicare, Children’s Health Insurance Program (CHIP) and other public assistance programs, as well as call center operations, case management and program integrity solutions.

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