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

Shares of Maximus, Inc. (NYSE:MMS) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $52.73 and last traded at $52.5850, with a volume of 82437 shares changing hands. The stock had previously closed at $53.79.

Analyst Upgrades and Downgrades

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

Maximus Stock Performance

The firm has a 50 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 current ratio of 2.42 and a quick ratio of 2.42. The stock has a market cap of $2.75 billion, a PE ratio of 7.76 and a beta of 0.59.

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

Maximus Dividend Announcement

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

Institutional Investors Weigh In On Maximus

A number of institutional investors and hedge funds have recently bought and sold shares of MMS. Sequoia Financial Advisors LLC acquired a new stake in shares of Maximus during the second quarter worth about $294,000. WINTON GROUP Ltd lifted its holdings in shares of Maximus by 1,992.2% in the 2nd quarter. WINTON GROUP Ltd now owns 83,687 shares of the health services provider’s stock valued at $4,499,000 after purchasing an additional 79,687 shares during the last quarter. Engineers Gate Manager LP acquired a new stake in shares of Maximus in the 2nd quarter valued at about $2,075,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Maximus in the 2nd quarter valued at about $34,000. Finally, Squarepoint Ops LLC grew its stake in Maximus by 723.0% during the 2nd quarter. Squarepoint Ops LLC now owns 219,301 shares of the health services provider’s stock worth $11,790,000 after buying an additional 192,655 shares during the last quarter. 97.21% of the stock is owned by hedge funds and other institutional investors.

Maximus Company Profile

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.