Maximus - MMS Stock Forecast, Price & News

Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers various BPS solutions, such as program administration, appeals and assessments, and related consulting works for U.S. state and local government programs, including the Affordable Care Act, Medicaid, the Children's Health Insurance Program, Temporary Assistance to Needy Families, child support programs, Preadmission Screening and Resident Reviews, and Independent Developmental Disability assessments. This segment also provides 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; person-centered independent disability, long-term sick, and other health assessments; and specialized consulting services. The U.S. Federal Services segment offers centralized citizen engagement centers and support services; document and record management; case management, citizen support, and consumer education; independent medical reviews and worker's compensation benefit appeals; Medicare and Medicaid appeals; and federal marketplace eligibility appeals. This segment also provides modernization of systems and information technology infrastructure; infrastructure operations and support services; software development, operations, and management services; and data analytics services. The Outside the U.S. segment offers BPS solutions for governments and commercial clients outside the United States, including health and disability assessments, program administration for employment services, and other job seeker-related services. The company was incorporated in 1975 and is headquartered in Tysons, Virginia.

Maximus Stock Performance

Shares of MMS opened at $64.62 on Tuesday. Maximus has a one year low of $56.50 and a one year high of $88.51. The company has a 50-day moving average of $62.99 and a two-hundred day moving average of $69.47. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 21.61 and a beta of 0.70. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.47 and a quick ratio of 1.47.

Maximus Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.73%. The ex-dividend date is Friday, August 12th. Maximus's payout ratio is 37.46%.

Analyst Ratings Changes

Separately, TheStreet lowered shares of Maximus from a "b-" rating to a "c+" rating in a research report on Tuesday, May 31st.

Insiders Place Their Bets

In other news, Director Raymond B. Ruddy bought 17,341 shares of the firm's stock in a transaction on Tuesday, June 14th. The stock was bought at an average cost of $57.72 per share, for a total transaction of $1,000,922.52. Following the completion of the acquisition, the director now directly owns 109,030 shares in the company, valued at approximately $6,293,211.60. The purchase was disclosed in a document filed with the SEC, which is available at this link. In related news, Director Raymond B. Ruddy purchased 17,341 shares of the firm's stock in a transaction that occurred on Tuesday, June 14th. The stock was acquired at an average cost of $57.72 per share, for a total transaction of $1,000,922.52. Following the completion of the acquisition, the director now owns 109,030 shares in the company, valued at approximately $6,293,211.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Bruce Caswell purchased 8,300 shares of the firm's stock in a transaction that occurred on Wednesday, June 15th. The shares were bought at an average price of $60.32 per share, with a total value of $500,656.00. Following the completion of the acquisition, the chief executive officer now owns 181,017 shares of the company's stock, valued at approximately $10,918,945.44. The disclosure for this purchase can be found here. Corporate insiders own 1.10% of the company's stock.