ManTech International (NASDAQ:MANT) has earned an average rating of “Hold” from the twelve brokerages that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $56.14.
Several equities analysts have recently weighed in on the stock. BidaskClub raised shares of ManTech International from a “buy” rating to a “strong-buy” rating in a research report on Thursday, April 19th. ValuEngine raised shares of ManTech International from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Credit Suisse Group increased their price objective on shares of ManTech International from $44.00 to $47.00 and gave the company an “underperform” rating in a research report on Friday, February 23rd. They noted that the move was a valuation call. Loop Capital increased their price objective on shares of ManTech International to $65.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Finally, Zacks Investment Research raised shares of ManTech International from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Friday, February 23rd.
In related news, CFO Judith L. Bjornaas sold 9,756 shares of the firm’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $57.20, for a total transaction of $558,043.20. Following the transaction, the chief financial officer now directly owns 15,756 shares of the company’s stock, valued at $901,243.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Daniel J. Keefe sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $54.91, for a total transaction of $329,460.00. Following the transaction, the insider now directly owns 6,000 shares in the company, valued at $329,460. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 34,083 shares of company stock worth $1,942,832. 34.10% of the stock is owned by insiders.
A number of large investors have recently added to or reduced their stakes in MANT. BlackRock Inc. increased its holdings in ManTech International by 2.2% in the 4th quarter. BlackRock Inc. now owns 4,317,246 shares of the technology company’s stock valued at $216,683,000 after buying an additional 94,199 shares during the period. Dimensional Fund Advisors LP increased its holdings in ManTech International by 0.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,159,794 shares of the technology company’s stock valued at $95,354,000 after buying an additional 10,337 shares during the period. Earnest Partners LLC increased its holdings in ManTech International by 0.7% in the 4th quarter. Earnest Partners LLC now owns 1,414,501 shares of the technology company’s stock valued at $70,994,000 after buying an additional 9,782 shares during the period. Victory Capital Management Inc. increased its holdings in ManTech International by 0.4% in the 4th quarter. Victory Capital Management Inc. now owns 1,185,671 shares of the technology company’s stock valued at $59,509,000 after buying an additional 4,640 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in ManTech International by 1.9% in the 4th quarter. Bank of New York Mellon Corp now owns 424,468 shares of the technology company’s stock valued at $21,304,000 after buying an additional 7,968 shares during the period. 64.47% of the stock is currently owned by institutional investors and hedge funds.
MANT stock traded up $0.32 during trading hours on Thursday, reaching $61.30. The stock had a trading volume of 28,183 shares, compared to its average volume of 243,808. The stock has a market cap of $2,388.26, a P/E ratio of 37.35, a P/E/G ratio of 3.80 and a beta of 0.88. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.61 and a quick ratio of 1.61. ManTech International has a fifty-two week low of $34.99 and a fifty-two week high of $62.24.
ManTech International (NASDAQ:MANT) last announced its quarterly earnings results on Wednesday, February 21st. The technology company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.06. The firm had revenue of $462.30 million during the quarter, compared to analysts’ expectations of $461.91 million. ManTech International had a net margin of 6.65% and a return on equity of 4.96%. The company’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 earnings per share. equities research analysts anticipate that ManTech International will post 2.01 EPS for the current fiscal year.
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About ManTech International
ManTech International Corporation provides technologies and solutions for mission-critical national security programs worldwide. It 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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