Maximus Inc (NYSE: MMS) – Suitable For Long Term Buy?

Currently, there are 60.35M common shares owned by the public and among those 59.61M shares have been available to trade.

The company’s stock has a 5-day price change of 2.04% and -13.71% over the past three months. MMS shares are trading 5.00% year to date (YTD), with the 12-month market performance down to -3.00% lower. It has a 12-month low price of $69.72 and touched a high of $93.97 over the same period. MMS has an average intraday trading volume of 807.37K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.95%, 1.96%, and -7.37% respectively.

Institutional ownership of Maximus Inc (NYSE: MMS) shares accounts for 97.95% of the company’s 60.35M shares outstanding.

It has a market capitalization of $4.73B and a beta (3y monthly) value of 0.72. The stock’s trailing 12-month PE ratio is 15.68, while the earnings-per-share (ttm) stands at $5.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.94% over the week and 2.22% over the month.

Earnings per share for the fiscal year are expected to decrease by -2.62%, and 4.96% over the next financial year.

Looking at the support for the MMS, a number of firms have released research notes about the stock. Raymond James stated their Outperform rating for the stock in a research note on January 02, 2025, with the firm’s price target at $90. Stifel was of a view on August 18, 2023 that the stock is Buy, while Raymond James gave the stock Outperform rating on June 28, 2021, issuing a price target of $110- $105. Raymond James on their part issued Strong Buy rating on July 08, 2020.

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