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Wednesday, March 22, 2023

Investing In Maximus Inc. (NYSE: MMS): Why Should You?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Maximus Inc. (MMS) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $78.02. The Maximus Inc. has recorded 69,533 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Maximus Reports Fiscal Year 2023 First Quarter Results.


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Stocks Info

As a NYSE listed company, MMS falls under the Industrials sector while operating within the Specialty Business Services industry segment. At the end of the last regular session, the stock closed at $78.02 and fluctuated between $80.04 as its day high and $77.84 as its day low. The current market capitalization of Maximus Inc. is $4.73B. A total of 0.52 million shares were traded on the day, compared to an average of 403.11K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MMS has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 3,632 shares. Over the last 12 months, there were 7 BUYs and 10 SELLs from insiders. Insiders purchased 49,518 shares during that period but sold 54,455.

In the most recent transaction, Baylinson Ilene R. sold 9,550 shares of MMS for 82.74 per share on Feb 10. After the transaction, the General Mgr – Health & Human now owns 10,044 company shares. In a previous transaction on Jan 04, FRANCIS DAVID sold 3,632 shares at 74.68 per share. MMS shares that General Counsel owns now total 10,026.

Among the insiders who bought shares, RUDDY RAYMOND B acquired of 5,730 shares on Dec 07 at a per-share price of $69.91. This resulted in the Director holding 109,030 shares of MMS after the transaction. In another insider transaction, FRANCIS DAVID sold 1,800 shares at $70.92 per share on Nov 23. Company shares held by the General Counsel now total 13,658.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Maximus Inc. pays an annual dividend of $1.12, resulting in a dividend yield of 1.44%, and it has a price to earnings (P/E) ratio of 25.24. MMS’s most recent ex-dividend date was 2/14/2023 when it declared a $0.28 quarterly dividend that was paid in cash on 2/28/2023. Previously, the company paid the dividend on 11/30/2022 with an ex-dividend date of 11/14/2022. The MMS stock dividend was $0.28 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MMS in the last 3 months, the mean price target is $97.00 with high estimates of $100.00 and low estimates of $94.00. In terms of 52-week highs and lows, MMS has a high of $85.25 and a low of $54.46.

As of this writing, MMS has an earnings estimate of $0.92 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.92 per share and a lower estimate of $0.92. The company reported an EPS of $1.13 in the last quarter, which was 63.80% higher than expectations of $0.69.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 2 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MMS is Buy with a score of 4.00. A total of 1 analysts rated the stock as Buy while 1 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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