ManTech International Co. (NASDAQ:MANT – Get Rating) has earned an average rating of “Hold” from the nine research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $86.67.
MANT has been the topic of a number of recent analyst reports. Truist Financial lifted their target price on ManTech International from $84.00 to $96.00 in a research report on Tuesday, May 17th. Stifel Nicolaus started coverage on ManTech International in a report on Thursday, March 17th. They set a “hold” rating on the stock. William Blair upgraded ManTech International from a “market perform” rating to an “outperform” rating in a report on Monday, May 16th. Wells Fargo & Company boosted their price target on ManTech International from $77.00 to $89.00 and gave the stock an “equal weight” rating in a report on Thursday, March 24th. Finally, Morgan Stanley boosted their price target on ManTech International to $96.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 17th.
Several institutional investors have recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in shares of ManTech International by 4.4% in the first quarter. BlackRock Inc. now owns 4,560,641 shares of the technology company’s stock worth $393,083,000 after acquiring an additional 190,472 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of ManTech International by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,592,588 shares of the technology company’s stock worth $137,266,000 after acquiring an additional 4,418 shares during the period. Brown Advisory Inc. lifted its stake in shares of ManTech International by 0.8% in the first quarter. Brown Advisory Inc. now owns 1,107,296 shares of the technology company’s stock worth $95,357,000 after acquiring an additional 8,683 shares during the period. State Street Corp lifted its stake in shares of ManTech International by 0.8% in the first quarter. State Street Corp now owns 1,055,696 shares of the technology company’s stock worth $90,990,000 after acquiring an additional 8,632 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in ManTech International by 19.9% in the first quarter. Victory Capital Management Inc. now owns 911,420 shares of the technology company’s stock valued at $78,521,000 after buying an additional 151,027 shares during the period. 97.93% of the stock is currently owned by institutional investors.
ManTech International stock opened at $95.38 on Monday. ManTech International has a 12-month low of $66.91 and a 12-month high of $95.98. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.18. The business’s 50-day moving average price is $92.37 and its two-hundred day moving average price is $84.63. The stock has a market cap of $3.91 billion, a PE ratio of 28.82, a P/E/G ratio of 11.02 and a beta of 0.70.
ManTech International (NASDAQ:MANT – Get Rating) last released its earnings results on Wednesday, May 4th. The technology company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.06. ManTech International had a return on equity of 9.15% and a net margin of 5.24%. The firm had revenue of $675.50 million for the quarter, compared to analysts’ expectations of $639.43 million. During the same quarter in the previous year, the business posted $0.88 earnings per share. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. As a group, analysts expect that ManTech International will post 3.52 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 24th. Investors of record on Friday, June 10th were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Thursday, June 9th. ManTech International’s dividend payout ratio is currently 49.55%.
About ManTech International (Get Rating)
ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation.
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