Shares of Mantech International Corp (NASDAQ:MANT) have been given a consensus rating of “Buy” by the twelve research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $65.86.
Several brokerages have recently commented on MANT. BidaskClub raised Ultra Clean from a “sell” rating to a “hold” rating in a research note on Monday, May 6th. Morgan Stanley lowered Meili from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $14.00 to $4.20 in a research note on Monday, June 3rd. Zacks Investment Research lowered GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a research note on Thursday, July 4th. Finally, ValuEngine lowered Zosano Pharma from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st.
In related news, Director Richard L. Armitage sold 4,000 shares of the business’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $62.27, for a total value of $249,080.00. Following the sale, the director now owns 4,000 shares in the company, valued at approximately $249,080. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Judith L. Bjornaas sold 12,000 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $62.90, for a total value of $754,800.00. Following the completion of the sale, the chief financial officer now owns 22,000 shares in the company, valued at approximately $1,383,800. The disclosure for this sale can be found here. 33.70% of the stock is currently owned by insiders.
NASDAQ MANT traded down $0.32 on Friday, reaching $67.42. 116,419 shares of the company were exchanged, compared to its average volume of 117,540. Mantech International has a fifty-two week low of $48.25 and a fifty-two week high of $68.86. The firm has a fifty day simple moving average of $64.66. The company has a market cap of $2.70 billion, a PE ratio of 32.73, a P/E/G ratio of 3.72 and a beta of 0.94. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.02 and a quick ratio of 2.02.
Mantech International (NASDAQ:MANT) last announced its quarterly earnings results on Wednesday, May 1st. The technology company reported $0.53 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.53. Mantech International had a return on equity of 5.97% and a net margin of 4.18%. The business had revenue of $501.90 million for the quarter, compared to analyst estimates of $507.79 million. During the same quarter in the prior year, the company posted $0.51 EPS. The company’s quarterly revenue was up 6.1% on a year-over-year basis. Research analysts anticipate that Mantech International will post 2.28 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were issued a $0.27 dividend. The ex-dividend date of this dividend was Thursday, June 6th. This represents a $1.08 annualized dividend and a dividend yield of 1.60%. Mantech International’s dividend payout ratio is presently 52.43%.
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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