Maximus (NYSE:MMS) Hits New 1-Year Low – Here’s What Happened

Maximus, Inc. (NYSE:MMS) shares hit a new 52-week low on Thursday . The stock traded as low as $52.73 and last traded at $52.5850, with a volume of 82437 shares traded. The stock had previously closed at $53.79.

Analyst Upgrades and Downgrades

Several research firms have commented on MMS. Zacks Research lowered shares of Maximus from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Maximus in a report on Monday, August 17th. Finally, Wall Street Zen cut shares of Maximus from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

Maximus Stock Down 2.4%

The company has a market cap of $2.75 billion, a PE ratio of 7.76 and a beta of 0.59. The company has a fifty day moving average of $58.04 and a two-hundred day moving average of $61.26. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.42 and a current ratio of 2.42.

Maximus (NYSE:MMS) last posted its quarterly earnings data on Thursday, August 6th. The health services provider reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.01. Maximus had a net margin of 7.07% and a return on equity of 24.91%. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter in the previous year, the business posted $2.16 earnings per share. The business’s revenue was down 5.1% compared to the same quarter last year. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. As a group, analysts anticipate that Maximus, Inc. will post 8.03 earnings per share for the current fiscal year.

Maximus Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 14th were given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, August 14th. Maximus’s dividend payout ratio is 19.50%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its stake in shares of Maximus by 14.6% in the first quarter. Blue Trust Inc. now owns 1,321 shares of the health services provider’s stock worth $85,000 after acquiring an additional 168 shares in the last quarter. QRG Capital Management Inc. increased its position in shares of Maximus by 9.3% during the first quarter. QRG Capital Management Inc. now owns 3,240 shares of the health services provider’s stock worth $208,000 after acquiring an additional 277 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Maximus by 14.1% in the fourth quarter. Sivia Capital Partners LLC now owns 3,308 shares of the health services provider’s stock valued at $286,000 after acquiring an additional 408 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Maximus by 269.6% in the fourth quarter. Hantz Financial Services Inc. now owns 706 shares of the health services provider’s stock valued at $61,000 after acquiring an additional 515 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Maximus by 33.1% in the second quarter. GAMMA Investing LLC now owns 2,306 shares of the health services provider’s stock valued at $124,000 after purchasing an additional 574 shares during the period. Hedge funds and other institutional investors own 97.21% of the company’s stock.

About Maximus

Maximus, Inc (NYSE: MMS) is a provider of technology-enabled government services. The company partners with federal, state, provincial and local governments to administer public programs, improve service delivery and help agencies manage complex operational and administrative needs.

Its services include health and human services administration, employment and workforce support, program eligibility and enrollment, citizen engagement, customer contact centers, consulting and digital transformation.