Maximus (NYSE:MMS) Reaches New 1-Year Low – What’s Next?

Shares of Maximus, Inc. (NYSE:MMS) reached a new 52-week low during trading on Monday . The company traded as low as $54.34 and last traded at $54.1330, with a volume of 13934 shares traded. The stock had previously closed at $55.74.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Weiss Ratings downgraded shares of Maximus from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 20th. Zacks Research downgraded shares of Maximus from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Wall Street Zen raised shares of Maximus from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Maximus Trading Down 2.7%

The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.21 and a current ratio of 2.21. The business has a fifty day simple moving average of $62.96 and a 200 day simple moving average of $74.88. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 8.12 and a beta of 0.58.

Maximus (NYSE:MMS) last issued its quarterly earnings data on Thursday, May 7th. The health services provider reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.09. Maximus had a net margin of 7.02% and a return on equity of 25.10%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the company earned $2.01 EPS. The business’s revenue was down 4.1% on a year-over-year basis. Maximus has set its FY 2026 guidance at 8.250-8.550 EPS. As a group, research analysts expect that Maximus, Inc. will post 8.43 EPS for the current year.

Maximus Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Friday, May 15th. Maximus’s payout ratio is 19.76%.

Institutional Investors Weigh In On Maximus

A number of large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its position in shares of Maximus by 69.0% during the 4th quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock valued at $25,000 after acquiring an additional 116 shares during the period. Advisory Services Network LLC bought a new position in shares of Maximus in the third quarter worth $32,000. Canada Pension Plan Investment Board acquired a new position in Maximus in the second quarter valued at about $35,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Maximus by 225.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock valued at $38,000 after buying an additional 304 shares in the last quarter. Finally, Richardson Financial Services Inc. raised its position in Maximus by 29.6% during the fourth quarter. Richardson Financial Services Inc. now owns 451 shares of the health services provider’s stock valued at $39,000 after purchasing an additional 103 shares in the last quarter. Institutional investors and hedge funds own 97.21% of the company’s stock.

Maximus Company Profile

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.