Maximus (NYSE:MMS) Share Price Breaks Above Two Hundred Day Moving Average – Here’s Why

Maximus, Inc. (NYSE:MMS) crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $64.98 and traded as high as $66.78. Maximus shares last traded at $66.5310, with a volume of 501,693 shares.

Analyst Ratings Changes

Several equities research analysts have issued reports on MMS shares. Wall Street Zen cut Maximus from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Zacks Research upgraded Maximus from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 1st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Maximus in a research report on Monday, August 17th. Two analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Maximus Stock Performance

The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.90. The stock’s fifty day moving average is $58.43 and its two-hundred day moving average is $64.68. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 10.13 and a beta of 0.57.

Maximus (NYSE:MMS) last posted its earnings results on Thursday, August 6th. The health services provider reported $2.22 EPS for the quarter, topping the consensus estimate of $2.21 by $0.01. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.33 billion. Maximus had a net margin of 7.07% and a return on equity of 24.91%. The firm’s revenue was down 5.1% compared to the same quarter last year. During the same period last year, the company earned $2.16 EPS. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. On average, analysts predict that Maximus, Inc. will post 8.03 earnings per share for the current year.

Maximus Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 13th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.9%. The ex-dividend date is Friday, November 13th. Maximus’s dividend payout ratio (DPR) is presently 19.50%.

Insiders Place Their Bets

In other Maximus news, insider Michelle Link sold 3,208 shares of the firm’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $54.23, for a total transaction of $173,969.84. Following the completion of the transaction, the insider owned 13,881 shares of the company’s stock, valued at approximately $752,766.63. This trade represents a 18.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Maximus

Several large investors have recently added to or reduced their stakes in MMS. Root Financial Partners LLC purchased a new position in Maximus in the third quarter worth about $26,000. Integrated Wealth Concepts LLC acquired a new position in Maximus during the second quarter worth $34,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Maximus during the third quarter worth about $36,000. Global Retirement Partners LLC purchased a new stake in Maximus during the 2nd quarter worth about $40,000. Finally, Archer Investment Corp acquired a new stake in Maximus during the 2nd quarter worth $43,000. Hedge funds and other institutional investors own 97.21% of the company’s stock.

Maximus Company Profile

Maximus, Inc (NYSE:MMS) is a government services company that helps public-sector agencies administer health and human services, employment and workforce programs, and other citizen-focused operations. Its work includes eligibility and enrollment support, customer contact centers, case management, program administration, and technology-enabled services.

The company also provides services to government agencies involved in federal programs, including health care administration, workforce development, child support, and other public assistance initiatives.