Maxim Group Initiates Coverage on Maximus (MMS)

By admin | 6 years ago

Equities researchers at Maxim Group began coverage on shares of Maximus (NYSE: MMS) in a report issued on Tuesday. The firm set a “buy” rating and a $54.00 price target on the stock.

Shares of Maximus traded down 0.57% during mid-day trading on Tuesday, hitting $46.75. Maximus has a one year low of $31.23 and a one year high of $47.19. The company has a market cap of $1.587 billion and a P/E ratio of 21.31.

Maximus last issued its quarterly earnings data on Thursday, May 3rd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.03. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, analysts predict that Maximus will post $0.67 earnings per share next quarter.

MAXIMUS, Inc. provides business process outsourcing (BPO) services to government health and human services agencies.

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