Mantech International Corp (NASDAQ:MANT) has earned a consensus rating of “Buy” from the twelve ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $65.86.

MANT has been the subject of several research reports. BidaskClub upgraded Ultra Clean from a “sell” rating to a “hold” rating in a research report on Monday, May 6th. Morgan Stanley downgraded Meili from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $14.00 to $4.20 in a research report on Monday, June 3rd. Zacks Investment Research downgraded GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, July 4th. Finally, ValuEngine downgraded Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st.

In other Mantech International 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 completion of the transaction, the director now directly owns 4,000 shares in the company, valued at approximately $249,080. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 transaction, the chief financial officer now owns 22,000 shares of the company’s stock, valued at $1,383,800. The disclosure for this sale can be found here. Insiders own 33.70% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its holdings in Mantech International by 10.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,136 shares of the technology company’s stock valued at $792,000 after acquiring an additional 1,378 shares during the last quarter. California Public Employees Retirement System raised its holdings in Mantech International by 3.4% in the 4th quarter. California Public Employees Retirement System now owns 67,733 shares of the technology company’s stock valued at $3,542,000 after acquiring an additional 2,231 shares during the last quarter. BlackRock Inc. grew its stake in shares of Mantech International by 5.8% during the 4th quarter. BlackRock Inc. now owns 3,987,949 shares of the technology company’s stock valued at $208,550,000 after buying an additional 217,476 shares during the period. Texas Permanent School Fund grew its stake in shares of Mantech International by 4.6% during the 4th quarter. Texas Permanent School Fund now owns 17,370 shares of the technology company’s stock valued at $908,000 after buying an additional 765 shares during the period. Finally, Citigroup Inc. grew its stake in shares of Mantech International by 6.8% during the 4th quarter. Citigroup Inc. now owns 25,490 shares of the technology company’s stock valued at $1,333,000 after buying an additional 1,629 shares during the period. Institutional investors own 63.86% of the company’s stock.

Shares of MANT stock traded up $0.50 during midday trading on Friday, reaching $67.70. 654 shares of the company traded hands, compared to its average volume of 116,658. The business’s 50 day moving average price is $64.41. Mantech International has a 1-year low of $48.25 and a 1-year high of $68.11. The company has a current ratio of 2.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.14. The stock has a market cap of $2.69 billion, a price-to-earnings ratio of 32.76, a PEG ratio of 3.70 and a beta of 0.94.

Mantech International (NASDAQ:MANT) last posted its quarterly earnings results on Wednesday, May 1st. The technology company reported $0.53 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.53. Mantech International had a net margin of 4.18% and a return on equity of 5.97%. The company had revenue of $501.90 million during the quarter, compared to the consensus estimate of $507.79 million. During the same period last year, the firm earned $0.51 EPS. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. As a group, equities research analysts expect that Mantech International will post 2.28 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were given a dividend of $0.27 per share. The ex-dividend date 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 currently 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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Analyst Recommendations for Mantech International (NASDAQ:MANT)

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