Mantech International Corp (NASDAQ:MANT) declared a quarterly dividend on Wednesday, October 30th, Zacks reports. Stockholders of record on Friday, December 6th will be given a dividend of 0.27 per share by the technology company on Friday, December 20th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date is Thursday, December 5th.
Mantech International stock opened at $77.35 on Tuesday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.09. The stock has a market cap of $3.11 billion, a PE ratio of 37.55, a P/E/G ratio of 4.00 and a beta of 0.86. Mantech International has a 12-month low of $48.25 and a 12-month high of $86.28. The business’s 50-day moving average price is $74.46 and its two-hundred day moving average price is $68.69.
Mantech International (NASDAQ:MANT) last posted its earnings results on Wednesday, October 30th. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.09. The firm had revenue of $579.18 million during the quarter, compared to analysts’ expectations of $558.39 million. Mantech International had a net margin of 4.42% and a return on equity of 6.56%. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.55 earnings per share. As a group, analysts expect that Mantech International will post 2.42 earnings per share for the current year.
In other news, CFO Judith L. Bjornaas sold 9,000 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $80.98, for a total transaction of $728,820.00. Corporate insiders own 33.70% of the company’s stock.
MANT has been the topic of a number of research reports. Zacks Investment Research raised shares of Mantech International from a “hold” rating to a “strong-buy” rating and set a $91.00 target price on the stock in a research note on Saturday, November 2nd. BidaskClub upgraded Mantech International from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Morgan Stanley set a $66.00 price objective on Mantech International and gave the company a “hold” rating in a report on Wednesday, August 21st. SunTrust Banks lowered Mantech International from a “buy” rating to a “hold” rating and set a $80.00 price objective on the stock. in a research report on Monday, November 25th. Finally, Cowen reaffirmed a “buy” rating on shares of Mantech International in a report on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $75.50.
Mantech International Company Profile
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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