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Last $62.12 USD
Change Today +0.20 / 0.32%
Volume 285.2K
MMS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

maximus inc (MMS) Snapshot

Open
$61.69
Previous Close
$61.92
Day High
$62.24
Day Low
$61.28
52 Week High
08/5/15 - $70.00
52 Week Low
10/2/14 - $38.93
Market Cap
4.1B
Average Volume 10 Days
510.2K
EPS TTM
$2.40
Shares Outstanding
66.0M
EX-Date
08/12/15
P/E TM
25.9x
Dividend
$0.18
Dividend Yield
0.29%
Current Stock Chart for MAXIMUS INC (MMS)

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maximus inc (MMS) Details

MAXIMUS, Inc. provides business process services to government health and human services agencies in the United States, Australia, Canada, the United Kingdom, and Saudi Arabia. The company operates through two segments, Health Services and Human Services. The Health Services segment provides various business process services, as well as related consulting services for state, provincial, and national government programs, including Medicaid, Children's Health Insurance Program, Supplemental Nutrition Assistance Program, Medicare, the Affordable Care Act, Health Insurance British Columbia, and the Health and Work Program. This segment’s services include health insurance exchange customer contact center operations and support services; health insurance program eligibility and enrollment services; 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 and health assessments; occupational health clinical assessments; independent medical reviews; health appeals dispute resolution; medicaid management information system planning, oversight, and consulting services; and specialized program consulting services. The Human Services segment provides national, state, and county human services agencies with various business process services and related consulting services for welfare-to-work, child support, higher education, and K-12 special education programs, as well as offers program consulting, and tax credit and employer services. MAXIMUS, Inc. was founded in 1975 and is headquartered in Reston, Virginia.

13,000 Employees
Last Reported Date: 11/17/14
Founded in 1975

maximus inc (MMS) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $718.8K
President
Total Annual Compensation: $445.3K
Chief Financial Officer and Treasurer
Total Annual Compensation: $343.5K
Chief of Human Capital and President of Tax &...
Total Annual Compensation: $393.5K
President of Human Services and General Manag...
Total Annual Compensation: $407.5K
Compensation as of Fiscal Year 2014.

maximus inc (MMS) Key Developments

MAXIMUS, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2015; Provides Earnings Guidance for the Fiscal Year 2015; Reaffirms Earnings Guidance for the Fiscal Year 2016

MAXIMUS, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2015. For the quarter, the company announced revenue of $572,301,000 compared to $419,899,000 for the same period a year ago. Operating income was $71,067,000 compared to $55,223,000 for the same period a year ago. Income before income taxes was $70,386,000 compared to $55,718,000 for the same period a year ago. Net income attributable to the company was $41,666,000 compared to $34,138,000 for the same period a year ago. Diluted earnings per share were $0.62 compared to $0.49 for the same period a year ago. Cash provided by operating activities was $118,914,000 compared to $88,690,000 for the same period a year ago. Purchases of property and equipment were $24,017,000 compared to $8,873,000 for the same period a year ago. Capitalized software costs were $1,677,000 compared to $1,860,000 for the same period a year ago. Adjusted Diluted EPS was $0.63 compared to $0.60 a year ago. The increase in revenue was driven by organic growth and revenue from the acquisitions of Acentia and Remploy, both of which closed in early April 2015. Revenue in the period was unfavorably impacted by currency exchange rates of approximately $20 million or $0.02 of diluted earnings per share. On a constant currency basis, revenue would have grown 41%. For the nine months, the company announced revenue of $1,521,138,000 compared to $1,265,506,000 for the same period a year ago. Operating income was $198,305,000 compared to $173,499,000 for the same period a year ago. Income before income taxes was $198,744,000 compared to $174,803,000 for the same period a year ago. Net income attributable to the company was $122,334,000 compared to $109,204,000 for the same period a year ago. Diluted earnings per share were $1.83 compared to $1.57 for the same period a year ago. Adjusted Diluted EPS was $0.64 compared to $1.87 a year ago. Cash provided by operating activities was $180,980,000 compared to $165,150,000 for the same period a year ago. Purchases of property and equipment were $68,243,000 compared to $18,389,000 for the same period a year ago. Capitalized software costs were $4,924,000 compared to $9,177,000 for the same period a year ago. The company is updating its forecasted fiscal year 2015 revenue guidance and now expects revenue to range between $2.10 billion and $2.14 billion. The company continues to expect its fiscal year 2015 GAAP diluted earnings per share to range between $2.33 and $2.40. The increase to the company’s fiscal 2015 revenue guidance is a result of new work from an existing client and expansion of existing contracts in the Health Segment, which will be offset by the start-up of a new contract in the United Kingdom. The company estimated an effective tax rate for fiscal 2015 of approximately 38% to 38.5%. The company estimated cash provided from operating activities to be in the range of $165 million to $190 million. The company is also maintaining its preliminary guidance for fiscal year 2016. As stated last quarter, the company is forecasting revenue in the range of $2.4 billion to $2.5 billion for fiscal 2016 and estimates that GAAP diluted earnings per share will range from $2.85 to $3.05.

MAXIMUS Seeks Acquisitions

MAXIMUS, Inc. (NYSE:MMS) will look for strategic acquisitions that will complement its core and add value as well as are accretive.

MAXIMUS, Inc. to Report Q3, 2015 Results on Aug 06, 2015

MAXIMUS, Inc. announced that they will report Q3, 2015 results at 10:30 AM, GMT Standard Time on Aug 06, 2015

 

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Industry Analysis

MMS

Industry Average

Valuation MMS Industry Range
Price/Earnings 26.4x
Price/Sales 2.1x
Price/Book 6.4x
Price/Cash Flow 25.5x
TEV/Sales 2.0x
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