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

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MMS. Weiss Ratings lowered shares of Maximus from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 20th. Wall Street Zen raised Maximus from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Zacks Research downgraded Maximus from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Maximus Trading Down 2.7%

The stock has a market cap of $2.85 billion, a P/E ratio of 8.12 and a beta of 0.58. 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 firm’s fifty day simple moving average is $62.96 and its 200-day simple moving average is $74.88.

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

Maximus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a $0.33 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.32 annualized dividend and a dividend yield of 2.4%. Maximus’s dividend payout ratio (DPR) is 19.76%.

Institutional Investors Weigh In On Maximus

Institutional investors and hedge funds have recently made changes to their positions in the business. Richardson Financial Services Inc. increased its stake in shares of Maximus by 29.6% in the 4th quarter. Richardson Financial Services Inc. now owns 451 shares of the health services provider’s stock worth $39,000 after acquiring an additional 103 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in 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 acquiring an additional 116 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Maximus by 13.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,268 shares of the health services provider’s stock worth $109,000 after purchasing an additional 150 shares during the period. Blue Trust Inc. increased its stake in shares of Maximus by 14.6% during the first quarter. Blue Trust Inc. now owns 1,321 shares of the health services provider’s stock valued at $85,000 after purchasing an additional 168 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Maximus by 13.8% during the fourth quarter. GAMMA Investing LLC now owns 1,522 shares of the health services provider’s stock valued at $131,000 after purchasing an additional 185 shares in the last quarter. Institutional investors own 97.21% of the company’s stock.

About Maximus

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.