Maximus (NYSE:MMS) Stock Price Down 11.6% – Time to Sell?

Shares of Maximus, Inc. (NYSE:MMS) were down 11.6% during trading on Thursday . The company traded as low as $54.16 and last traded at $55.85. 242,936 shares traded hands during trading, a decline of 66% from the average daily volume of 717,651 shares. The stock had previously closed at $63.15.

Analyst Upgrades and Downgrades

MMS has been the subject of several recent research reports. Wall Street Zen raised Maximus from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Weiss Ratings downgraded shares of Maximus from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 20th. Finally, Zacks Research lowered shares of Maximus from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Maximus Price Performance

The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 8.51 and a beta of 0.59. The company has a fifty day simple moving average of $58.77 and a 200 day simple moving average of $67.80. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.21 and a current ratio of 2.21.

Maximus (NYSE:MMS) last released its quarterly earnings results on Thursday, August 6th. The health services provider reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.01. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.33 billion. Maximus had a return on equity of 25.10% and a net margin of 7.02%.The business’s revenue was down 5.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.16 EPS. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. Equities research analysts forecast that Maximus, Inc. will post 8.43 EPS for the current fiscal year.

Maximus Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a $0.33 dividend. The ex-dividend date is Friday, August 14th. This represents a $1.32 annualized dividend and a yield of 2.3%. Maximus’s dividend payout ratio is presently 19.76%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its position in shares of Maximus by 69.0% during the fourth quarter. Farther Finance Advisors LLC now owns 284 shares of the health services provider’s stock worth $25,000 after buying an additional 116 shares during the period. Advisory Services Network LLC acquired a new position in Maximus in the third quarter valued at $32,000. Northwestern Mutual Wealth Management Co. boosted its position in Maximus by 225.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 439 shares of the health services provider’s stock valued at $38,000 after acquiring an additional 304 shares during the last quarter. Richardson Financial Services Inc. boosted 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 acquiring an additional 103 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in Maximus during the 2nd quarter worth about $35,000. Institutional investors 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.