BlackRock Reduces Stake in Maximus, by Selling 101341 Shares

☀️Trending News

Maximus ($NYSE:MMS), Inc. was recently in the news after BlackRock Inc. sold a total of 101341 of its shares. It provides specialized services to federal, state, local, and commercial customers. The company focuses on providing innovative solutions to transform government operations, drive performance and improve citizens’ lives. Maximus, Inc. offers managed services, technology-enabled services, and consulting services in the areas of health and human services, workforce services, and tax and revenue management.

While the exact reasons behind the move are unclear, it is certain that this decision could have significant implications for the future of the company. It is yet to be seen how this move will affect the stock price of Maximus, Inc., but whatever the impact may be, it is certain to be of interest to investors and analysts alike.

Stock Price

At market opening, MAXIMUS stock opened at $84.9 and closed at $85.1, a 0.2% increase from its last closing price of 84.9. Despite the sale, investors remain confident in MAXIMUS as the share price stayed stable throughout the day. Maximus_by_Selling_101341_Shares”>Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Maximus. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Maximus. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Maximus. More…

Key Ratios Snapshot

Some of the financial key ratios for Maximus are shown below. More…

Analysis

GoodWhale’s analysis of MAXIMUS’s wellbeing revealed a high health score of 8/10 when it comes to cashflows and debt. This suggests that MAXIMUS is capable of sustaining its operations during times of crisis. Our classification of MAXIMUS as a ‘rhino’ company, which we define as one that has achieved moderate revenue or earnings growth, suggests that investors may find the company attractive. According to the Star Chart, MAXIMUS is strong in dividend and profitability, moderately strong in growth, and weak in asset. This information can help investors make decisions about investing in MAXIMUS. Maximus_by_Selling_101341_Shares”>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

Maximus Inc. is an internationally recognized provider of government services, operating in the areas of health and human services, workforce development, and public health. Recent activity from BlackRock Inc. shows the purchase of 101341 shares of Maximus Inc, indicating confidence in the company’s stock. Overall, MAXIMUS appears to be a strong investment opportunity with a sound financial standing and promising returns.