MAXIMUS, Inc. (NYSE:MMS) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 9, 2016
Zacks Investment Research has downgraded MAXIMUS, Inc. (NYSE:MMS) to Sell in a statement released on 10/05/2016.
On 8/04/2016, Maxim Group released a statement for MAXIMUS, Inc. (NYSE:MMS) bumped up the target price from $71.00 to $74.00 that suggested an upside of 0.29%.
Boasting a price of $54.71, MAXIMUS, Inc. (NYSE:MMS) traded -0.91% lower on the day. With the last stock price close down -2.14% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. MAXIMUS, Inc. has recorded a 50-day average of $57.40 and a two hundred day average of $55.79. Volume of trade was up over the average, with 468,431 shares of MMS changing hands over the typical 277,931
With a total market value of $0, MAXIMUS, Inc. has price-earnings ratio of 22.31 with a one year low of $45.15 and a one year high of $69.85 .
A total of 8 equity analysts have released a ratings update on MMS. Six equity analysts rating the company a strong buy, three equity analysts rating the company a buy, one equity analyst rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $65.00.
Brief Synopsis About MAXIMUS, Inc. (NYSE:MMS)
MAXIMUS, Inc. provides business process services (BPS) to Government health and human services agencies. The Company is primarily focused on operating Government-sponsored programs, such as Medicaid, children's health insurance program (CHIP), health insurance exchanges and other health care reform initiatives, Medicare, welfare-to-work, child support services and other Government programs. It provides health and human services to Governments in the United States, Australia, Canada, the United Kingdom and Saudi Arabia. The Company's United States federal services business provides various contract vehicles. The Company's Health Services segment provides a range of business process services, as well as related consulting services, for state, provincial and federal Government programs. The Company's Human Services segment provides federal, national, state and county human services agencies with a range of business process services, as well as related consulting services.
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