Last $56.12 USD
Change Today -0.60 / -1.06%
Volume 347.2K
MMS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

maximus inc (MMS) Key Developments

MAXIMUS Declares Quarterly Cash Dividend, Payable on February 27, 2015

MAXIMUS announced that its Board of Directors has approved a quarterly cash dividend of $0.045 per share, payable on February 27, 2015 to shareholders of record on February 13, 2015.

United Kingdom Department for Work and Pensions Selects MAXIMUS to Deliver the Work Programme in North East Yorkshire and Humber

MAXIMUS, Inc. announced that the United Kingdom Department for Work and Pensions (DWP) has selected MAXIMUS to deliver the Work Programme in a new region: North East Yorkshire and the Humber. The performance-based contract is valued at approximately $10 million to $14 million and will begin on February 2, 2015. MAXIMUS helps unemployed individuals seek long-term employment and transition off welfare, setting them on a path to economic independence. The welfare-to-work program ties provider compensation to job seekers' sustained employment and long-term job retention. DWP figures published in September show the Work Programme has helped more than 330,000 people into a job that they have held for at least six months.

MAXIMUS, Inc. Presents at Jefferies 2014 Global Healthcare Conference: London, Nov-19-2014 01:40 PM

MAXIMUS, Inc. Presents at Jefferies 2014 Global Healthcare Conference: London, Nov-19-2014 01:40 PM. Venue: The Waldorf Hilton, Aldwych, London, United Kingdom.

MAXIMUS, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2014; Reaffirms Earnings Guidance for the Fiscal Year 2015

MAXIMUS, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended September 30, 2014. For the quarter, revenue was $435,406,000 against $384,339,000 for the same period a year ago. Operating income was $51,808,000 against $57,023,000 for the same period a year ago. Income before income taxes was $52,566,000 against $57,338,000 for the same period a year ago. Net income attributable to company was $36,236,000 against $35,626,000 for the same period a year ago. Diluted earnings per share were $0.53 against $0.51 for the same period a year ago. Cash provided by operating activities was $48,450,000 against $32,363,000 for the same period a year ago. Purchases of property and equipment were $17,873,000 against $18,711,000 for the same period a year ago. Capitalized software costs were $1,709,000 against $4,944,000 for the same period a year ago. Free cash flow was $28,868,000 against $8,708,000 for the same period a year ago. For the fourth quarter of fiscal 2014, revenue increased 13% driven by growth in the Health Services Segment. For the year, revenue was $1,700,912,000 against $1,331,279,000 for the same period a year ago. Operating income was $225,308,000 against $185,155,000 for the same period a year ago. Income before income taxes was $227,369,000 against $189,022,000 for the same period a year ago. Net income attributable to company was $145,440,000 against $116,731,000 for the same period a year ago. Diluted earnings per share were $2.11 against $1.67 for the same period a year ago. Cash provided by operating activities was $213,600,000 against $120,938,000 for the same period a year ago. Purchases of property and equipment were $36,262,000 against $43,580,000 for the same period a year ago. Capitalized software costs were $10,886,000 against $18,596,000 for the same period a year ago. Free cash flow was $166,452,000 against $58,762,000 for the same period a year ago. Excluding the terminated contract, fiscal 2014 diluted earnings per share increased 34% to $2.11 compared to adjusted diluted earnings per share of $1.58 reported for fiscal 2013. The year-over-year increase in earnings for the full fiscal year is principally attributable to growth in the Health Services Segment. The company established its fiscal year 2015 revenue and earnings guidance on October 28, 2014. The company expects fiscal year 2015 revenue to range between $1.9 billion and $2.0 billion and expects diluted earnings per share to range between $2.25 and $2.40. This guidance does not include any possible mergers and acquisition activity or any significant legal expenses or recoveries. For fiscal 2015, the company is forecasting top-line growth in the range of 12% to 18% and the company estimates that approximately 90% of forecasted 2015 revenue, based upon the midpoint of revenue guidance range, is already in the form of backlog or option periods.

Department for Work and Pensions Selects MAXIMUS to Provide Health Related Assessment Services

MAXIMUS announced that its wholly owned United Kingdom subsidiary has been awarded a new contract to provide health-related assessment services for the United Kingdom's Department for Work and Pensions (DWP). The company will begin work immediately with a four-month transition and mobilization period, followed by 36 months of operations that are expected to launch on March 1, 2015 and run through February 28, 2018. In addition, the DWP has the option to extend the contract for two additional years. The United Kingdom Government provides a range of social welfare benefits for people who are currently out of work due to a long-term health condition or are unable to work as a result of a disability or health condition. The government has also decided that the best way to assess eligibility is through an independent health assessment.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MMS:US $56.12 USD -0.60

MMS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Corporate Executive Board Co/The $69.43 USD -0.97
FTI Consulting Inc $39.89 USD -0.35
Sapient Corp $24.88 USD +0.005
Tetra Tech Inc $23.81 USD -0.57
Geo Group Inc/The $43.24 USD +0.19
View Industry Companies
 

Industry Analysis

MMS

Industry Average

Valuation MMS Industry Range
Price/Earnings 26.9x
Price/Sales 2.2x
Price/Book 6.8x
Price/Cash Flow 25.7x
TEV/Sales 2.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MAXIMUS INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.