Institutional Investor Sentiment About Maximus Inc (NYSE:MMS) Improved

MAXIMUS, Inc. (NYSE:MMS) Logo

Sentiment for Maximus Inc (NYSE:MMS)

Maximus Inc (NYSE:MMS) institutional sentiment decreased to 1.08 in 2019 Q2. Its down -0.17, from 1.25 in 2019Q1. The ratio turned negative, as 130 investment professionals opened new and increased positions, while 120 reduced and sold their holdings in Maximus Inc. The investment professionals in our partner’s database reported: 56.52 million shares, up from 56.34 million shares in 2019Q1. Also, the number of investment professionals holding Maximus Inc in their top 10 positions decreased from 5 to 4 for a decrease of 1. Sold All: 21 Reduced: 99 Increased: 96 New Position: 34.

MAXIMUS, Inc. provides business process services to government health and human services programs in the United States, the United Kingdom, Australia, Canada, and Saudi Arabia. The company has market cap of $5.09 billion. The companyÂ’s Health Services segment offers various BPS, appeals, and assessments, as well as related consulting services for state, provincial, and national government programs comprising Medicaid, Children's Health Insurance Program, the Affordable Care Act, Health Insurance British Columbia, the Health Assessment Advisory Service, and Fit for Work Service. It has a 22.81 P/E ratio. The Company’s services include health insurance exchange customer contact center activities and support; health insurance program eligibility and enrollment; beneficiary outreach and education; application assistance and independent health plan enrollment counseling; premium payment processing and administration; health plan oversight; eHealth solutions with the Medigent product suite; independent disability, long-term sick, and health assessments; occupational health clinical assessments; and specialized program consulting services.

The stock increased 1.66% or $1.3 during the last trading session, reaching $79.77. About 329,778 shares traded or 14.10% up from the average. MAXIMUS, Inc. (NYSE:MMS) has risen 15.00% since September 12, 2018 and is uptrending. It has outperformed by 15.00% the S&P500.

Analysts await MAXIMUS, Inc. (NYSE:MMS) to report earnings on November, 19. They expect $0.95 earnings per share, up 30.14 % or $0.22 from last year’s $0.73 per share. MMS’s profit will be $60.62M for 20.99 P/E if the $0.95 EPS becomes a reality. After $0.97 actual earnings per share reported by MAXIMUS, Inc. for the previous quarter, Wall Street now forecasts -2.06 % negative EPS growth.

P2 Capital Partners Llc holds 6.01% of its portfolio in MAXIMUS, Inc. for 1.08 million shares. Neumeier Poma Investment Counsel Llc owns 483,733 shares or 2.9% of their US portfolio. Moreover, Ranger Investment Management L.P. has 2.78% invested in the company for 561,855 shares. The Quebec – Canada-based Van Berkom & Associates Inc. has invested 2.74% in the stock. Mondrian Investment Partners Ltd, a United Kingdom-based fund reported 985,851 shares.

MAXIMUS, Inc. (NYSE:MMS) Ratings Coverage

Ratings analysis reveals 0 of Maximus’s analysts are positive. Out of 2 Wall Street analysts rating Maximus, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $7700 while the high is $8300. The stock’s average target of $80 is 0.29% above today’s ($79.77) share price. MMS was included in 5 notes of analysts from April 17, 2019. The firm earned “Hold” rating on Tuesday, August 13 by Canaccord Genuity. On Friday, August 9 the stock rating was downgraded by Wells Fargo to “Market Perform”.

More important recent MAXIMUS, Inc. (NYSE:MMS) news were published by: Finance.Yahoo.com which released: “Should You Be Concerned About MAXIMUS, Inc.’s (NYSE:MMS) Historical Volatility? – Yahoo Finance” on May 20, 2019, also Finance.Yahoo.com published article titled: “Why MAXIMUS, Inc. (NYSE:MMS) Could Be Worth Watching – Yahoo Finance”, Finance.Yahoo.com published: “Should We Be Delighted With MAXIMUS, Inc.’s (NYSE:MMS) ROE Of 19%? – Yahoo Finance” on July 19, 2019. More interesting news about MAXIMUS, Inc. (NYSE:MMS) was released by: Businesswire.com and their article: “MAXIMUS to Present at the National Association for Medicaid Program Integrity Conference on Implementing Effective Community Engagement – Business Wire” with publication date: August 19, 2019.

MAXIMUS, Inc. (NYSE:MMS) Institutional Positions Chart

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