Shares of Mantech International Corp (NASDAQ:MANT) have been given a consensus recommendation of “Hold” by the ten analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $82.20.

MANT has been the subject of a number of research reports. SunTrust Banks upped their price objective on Mantech International from $84.00 to $88.00 and gave the company a “hold” rating in a research report on Thursday, April 30th. Morgan Stanley upped their price objective on Mantech International from $71.00 to $76.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. Wells Fargo & Co upgraded Mantech International from an “equal weight” rating to an “overweight” rating and reduced their price objective for the company from $87.00 to $83.00 in a research report on Tuesday, May 19th. They noted that the move was a valuation call. William Blair began coverage on Mantech International in a research report on Monday, March 30th. They issued an “outperform” rating for the company. Finally, Bank of America began coverage on Mantech International in a research note on Friday, March 20th. They issued a “buy” rating and a $95.00 price objective for the company.

In related news, Director Richard L. Armitage sold 4,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $78.23, for a total transaction of $312,920.00. Following the completion of the transaction, the director now directly owns 4,000 shares of the company’s stock, valued at $312,920. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 33.49% of the company’s stock.

A number of institutional investors have recently made changes to their positions in MANT. Norges Bank bought a new position in Mantech International during the fourth quarter valued at approximately $33,337,000. Robeco Institutional Asset Management B.V. boosted its stake in Mantech International by 144.6% during the first quarter. Robeco Institutional Asset Management B.V. now owns 429,086 shares of the technology company’s stock valued at $31,183,000 after buying an additional 253,671 shares during the last quarter. Loomis Sayles & Co. L P bought a new position in Mantech International during the first quarter valued at approximately $17,485,000. Copeland Capital Management LLC bought a new position in Mantech International during the first quarter valued at approximately $16,290,000. Finally, Man Group plc boosted its stake in Mantech International by 5,316.5% during the fourth quarter. Man Group plc now owns 158,108 shares of the technology company’s stock valued at $12,630,000 after buying an additional 155,189 shares during the last quarter. 66.07% of the stock is owned by institutional investors.

Mantech International stock opened at $68.21 on Friday. The stock has a market cap of $2.62 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 2.91 and a beta of 0.73. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.71 and a current ratio of 1.71. Mantech International has a one year low of $55.25 and a one year high of $93.99. The stock has a fifty day moving average of $71.80 and a 200 day moving average of $76.35.

Mantech International (NASDAQ:MANT) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. The company had revenue of $611.00 million during the quarter, compared to analysts’ expectations of $572.29 million. Mantech International had a return on equity of 8.00% and a net margin of 5.21%. Mantech International’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.53 earnings per share. As a group, sell-side analysts predict that Mantech International will post 3.04 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Friday, June 5th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend was Thursday, June 4th. Mantech International’s dividend payout ratio (DPR) is 43.99%.

Mantech International Company Profile

ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation.

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Analyst Recommendations for Mantech International (NASDAQ:MANT)

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