AGF Management Ltd. Reduces Investment in Maximus,
August 2, 2023
🌥️Trending News
It is one of the leading providers of healthcare, human services and public safety programs in North America. The company also provides enterprise-wide solutions for business process services, such as payroll, benefits, and financial management. Recently, AGF Management Ltd. announced that it has reduced its investment in Maximus ($NYSE:MMS), Inc. This move comes as a surprise to many investors, since Maximus has had a strong track record of success and growth in recent years. The company has been able to position itself as one of the top government service providers in the U.S. and Canada.
The reduction in investment by AGF Management Ltd. has sent shockwaves throughout the markets. Investors are worried about the potential implications of this decision and what it might mean for Maximus in the future. It remains to be seen whether this decrease in investment will impact the company’s performance or if it will be able to continue to grow and succeed in the future.
Price History
As a result, MAXIMUS stock opened at $84.1 and closed at $83.8, down by 0.5% from the prior closing price of 84.2. This change in investment activity is evident in the stock market, as the reduction in investment has had a direct impact on the value of Maximus shares. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Maximus. More…
| Total Revenues | Net Income | Net Margin |
| 4.76k | 172.19 | 3.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Maximus. More…
| Operations | Investing | Financing |
| 353.02 | -55.73 | -286.06 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Maximus. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.9k | 2.3k | 26.35 |
Key Ratios Snapshot
Some of the financial key ratios for Maximus are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.1% | 2.1% | 6.4% |
| FCF Margin | ROE | ROA |
| 6.0% | 11.9% | 4.9% |
Analysis
GoodWhale has conducted an analysis of the fundamentals of MAXIMUS. According to our Star Chart, MAXIMUS has a very high health score of 8/10, indicating a strong financial health. This is based on its cashflows, debt and ability to pay off debt and fund future operations. We have classified MAXIMUS as a type of ‘rhino’, which indicates that the company has achieved moderate revenue or earnings growth. Given the strong dividend, profitability and medium growth, investors who are interested in steady income or growth may be interested in investing in MAXIMUS. On the other hand, due to its low assets score, investors who are looking for companies with a lot of assets may not find MAXIMUS to be a good fit. Nevertheless, overall MAXIMUS is a fairly strong company. More…
Peers
– Calian Group Ltd ($TSX:CGY)
Calian Group Ltd is a Canadian company that provides professional and technical services to businesses and governments. Its services include information technology, training, engineering, and healthcare. As of 2022, Calian Group Ltd had a market capitalization of 642.4 million and a return on equity of 4.41%. The company has over 3,000 employees and is headquartered in Ottawa, Canada.
– DLH Holdings Corp ($NASDAQ:DLHC)
DLH Holdings Corp is a provider of professional and technical services to the U.S. federal government. The Company operates in two segments: Government Services and Healthcare. The Government Services segment offers a range of services, including engineering, program management, logistics, and technical services to defense, aerospace, and other government customers. The Healthcare segment provides health information management and technology solutions to government and commercial customers.
– Hills Ltd ($ASX:HIL)
Hills Ltd is a company that is involved in the design, manufacture, and distribution of products and solutions for the infrastructure, communications, and security markets. The company has a market capitalization of 13.22 million as of 2022 and a return on equity of -28.57%. The company’s products and solutions are used in a variety of applications, including telecommunications, transportation, utilities, and government.
Summary
Investors should take note of recent activity by AGF Management Ltd. in Maximus, Inc. The fund has decreased its holdings in the company, leading to speculation about the potential outlook of the firm. Analysts have noted positive trends in revenue and earnings growth for Maximus, Inc., indicating the company is performing well. Furthermore, the company’s dividend yield is higher than the industry average, offering investors a solid return on their investment.
On the other hand, Maximus, Inc. has seen its share price decline in recent months, calling into question the sustainability of its performance. While there is some risk involved in investing in Maximus, Inc., investors should continue to monitor the company’s progress to make informed decisions.
Related Posts
Recent Posts
