Maximus (NYSE:MMS) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Maximus (NYSE:MMS) from a buy rating to a hold rating in a report released on Saturday morning.

Other equities analysts have also recently issued reports about the stock. Weiss Ratings cut shares of Maximus from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 20th. Zacks Research lowered 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, According to MarketBeat.com, the stock has an average rating of “Hold”.

Maximus Stock Performance

Shares of MMS opened at $55.28 on Friday. The company has a 50-day moving average of $58.48 and a two-hundred day moving average of $66.95. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 8.17 and a beta of 0.59. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.42 and a quick ratio of 2.42. Maximus has a one year low of $52.73 and a one year high of $100.00.

Maximus (NYSE:MMS) last released its quarterly earnings results on Thursday, August 6th. The health services provider reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.01. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.33 billion. Maximus had a net margin of 7.07% and a return on equity of 24.91%. The firm’s revenue was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.16 earnings per share. Maximus has set its FY 2026 guidance at 7.900-8.200 EPS. On average, equities research analysts expect that Maximus will post 8.05 earnings per share for the current year.

Maximus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.4%. Maximus’s dividend payout ratio is currently 19.50%.

Institutional Trading of Maximus

Several institutional investors have recently made changes to their positions in the stock. Quartz Partners LLC purchased a new position in Maximus during the second quarter valued at approximately $323,000. BlackRock Inc. purchased a new stake in Maximus in the 2nd quarter worth approximately $400,186,000. Deutsche Bank AG purchased a new stake in Maximus in the 2nd quarter worth approximately $17,634,000. Rice Hall James & Associates LLC acquired a new stake in shares of Maximus during the 2nd quarter valued at $14,994,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of Maximus during the 2nd quarter valued at $40,000. 97.21% of the stock is currently owned by institutional investors and hedge funds.

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.