Market Summary
USD80.40+0.07
Market Closed0.09%
MMS Stock Price
MMS RSI Chart
MMS Valuation
MMS Price/Sales (Trailing)
MMS Profitability
MMS Fundamentals
MMS Revenue
MMS Earnings
Price Action
52 Week Range
54.2285.25
(Low)(High)
Last 7 days
-0.5%
Last 30 days
-3.9%
Last 90 days
-1.9%
Trailing 12 Months
23.6%
MMS Financial Health
MMS Investor Care
Peers (Alternatives to Maximus)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MA | 350.2B | 22.8B | -3.30% | 2.87% | 36.26 | 15.35 | 14.69% | 1.79% |
ACN | 194.6B | 63.1B | 10.04% | 2.22% | 28.04 | 3.08 | 11.38% | 8.58% |
FIS | 35.1B | 14.5B | -8.09% | -48.44% | -2.1 | 2.42 | 2.83% | -1935.16% |
GPN | 25.9B | 9.1B | -12.05% | -24.90% | -179.85 | 2.85 | 4.85% | -114.24% |
AKAM | 14.1B | 3.6B | 12.37% | -10.34% | 28.87 | 3.88 | 3.02% | -22.55% |
| MID-CAP | ||||||||
WEX | 7.1B | 2.4B | -5.84% | -1.32% | 48.73 | 2.92 | 24.92% | -27.14% |
EXLS | 5.1B | 1.5B | -14.64% | 5.90% | 32.09 | 3.42 | 24.65% | 32.87% |
MMS | 4.9B | 4.8B | -3.89% | 23.57% | 28.38 | 1.03 | 1.73% | -31.11% |
WU | 4.3B | 4.4B | 5.76% | -34.81% | 5.63 | 0.99 | -13.15% | -16.16% |
| SMALL-CAP | ||||||||
MGI | 1.1B | 1.3B | 8.17% | 9.79% | 30.77 | 0.8 | 4.60% | 957.58% |
CNDT | 685.9M | 3.8B | -10.54% | -37.82% | -2.12 | 0.18 | -6.52% | -372.27% |
CASS | 541.6M | 189.7M | 7.98% | 15.84% | 16.04 | 2.85 | 19.22% | 13.33% |
IIIV | 531.3M | 345.7M | -0.65% | -2.94% | -71.74 | 1.54 | 22.43% | 55.73% |
Financials for Maximus
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 0.6% | 4,759 | 4,729 | 4,631 | 4,560 | 4,678 |
| Cost Of Revenue | 0.8% | 3,802 | 3,773 | 3,691 | 3,675 | 3,711 |
| Gross Profit | 0.0% | 957 | 956 | 940 | 885 | 967 |
| S&GA Expenses | 2.2% | 569 | 557 | 534 | 517 | 524 |
| EBITDA | -6.5% | 259 | 277 | 236 | 401 | - |
| EBITDA Margin | -8.5% | 0.05* | 0.06* | 0.05* | 0.09* | - |
| Earnings Before Taxes | -9.4% | 235 | 259 | 277 | 236 | 323 |
| EBT Margin | -8.5% | 0.05* | 0.06* | 0.05* | 0.07* | - |
| Net Income | -9.6% | 172 | 190 | 204 | 187 | 250 |
| Net Income Margin | -8.5% | 0.04* | 0.04* | 0.04* | 0.05* | - |
| Free Cahsflow | -45.5% | 158 | 290 | 440 | 349 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | -7.9% | 3,899 | 4,235 | 3,993 | 4,058 | 4,108 |
| Current Assets | -24.2% | 952 | 1,256 | 1,032 | 1,072 | 1,091 |
| Cash Equivalents | 88.3% | 119 | 63.00 | 41.00 | 94.00 | 93.00 |
| Net PPE | -6.5% | 47.00 | 50.00 | 52.00 | 56.00 | 58.00 |
| Goodwill | -0.2% | 1,780 | 1,783 | 1,779 | 1,784 | 1,780 |
| Liabilities | -13.4% | 2,297 | 2,654 | 2,443 | 2,536 | 2,553 |
| Current Liabilities | -8.7% | 681 | 746 | 774 | 730 | 753 |
| LT Debt, Current | 9.0% | 84.00 | 77.00 | 63.00 | 60.00 | 60.00 |
| LT Debt, Non Current | -19.0% | 1,205 | 1,487 | 1,292 | 1,423 | 1,387 |
| Shareholder's Equity | 1.3% | 1,602 | 1,581 | 1,549 | 1,522 | 1,554 |
| Retained Earnings | 1.4% | 1,062 | 1,048 | 1,025 | 996 | 1,030 |
| Shares Outstanding | 0.0% | 61.00 | 61.00 | 61.00 | 61.00 | 62.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 123.3% | 353 | 158 | 290 | 440 | 349 |
| Share Based Compensation | 10.3% | 29.00 | 27.00 | 30.00 | 30.00 | 30.00 |
| Cashflow From Investing | 12.1% | -55.73 | -63.38 | -54.01 | -71.95 | -1,420 |
| Cashflow From Financing | -116.4% | -286 | -132 | -248 | -364 | 1,066 |
| Buy Backs | -25.8% | 70.00 | 95.00 | 96.00 | 74.00 | 26.00 |
Risks for MMS
What is the probability of a big loss on MMS?
44.2%
Probability that Maximus stock will be more than 20% underwater in next one year
28.5%
Probability that Maximus stock will be more than 30% underwater in next one year.
0%
Probability that Maximus stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MMS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Maximus was unfortunately bought at previous high price.
Drawdowns
Returns for MMS
Cumulative Returns on MMS
8.9%
10-Year Cumulative Returns
5.9%
7-Year Cumulative Returns
7.1%
5-Year Cumulative Returns
5.1%
3-Year Cumulative Returns
What are the long-term rolling returns for MMS?
FIve years rolling returns for Maximus.
Annualized Returns
Which funds bought or sold MMS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | reduced | -8.47 | -15,195 | 845,553 | -% |
2023-05-25 | Legato Capital Management LLC | reduced | -2.67 | 77,291 | 1,813,010 | 0.33% |
2023-05-23 | Toroso Investments, LLC | sold off | -100 | -682,000 | - | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 38.71 | 10,747,100 | 32,742,100 | 0.01% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -28.01 | -737,000 | 2,505,000 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 22.61 | 3,741,080 | 15,580,100 | -% |
2023-05-17 | Advisory Services Network, LLC | new | - | 157 | 157 | -% |
2023-05-17 | VIRGINIA RETIREMENT SYSTEMS ET AL | sold off | -100 | -891,198 | - | -% |
2023-05-17 | Thrivent Financial for Lutherans | added | 12.14 | 9,523,000 | 56,329,000 | 0.14% |
2023-05-16 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | added | 71.3 | 1,330,730 | 2,917,880 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Maximus News
Schedule 13G FIlings of Maximus
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| May 10, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 14, 2023 | alliancebernstein l.p. | 4.6% | 2,807,556 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G | |
| Feb 09, 2023 | vanguard group inc | 10.23% | 6,214,223 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 11.7% | 7,127,987 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 11.7% | 7,127,987 | SC 13G/A | |
| Jan 12, 2023 | victory capital management inc | 11.08% | 6,734,741 | SC 13G/A | |
| Feb 14, 2022 | alliancebernstein l.p. | 5.4% | 3,339,698 | SC 13G | |
| Feb 02, 2022 | victory capital management inc | 7.43% | 4,603,166 | SC 13G | |
| Jan 27, 2022 | blackrock inc. | 11.2% | 6,939,918 | SC 13G/A |
MMS Fair Value
Recent SEC filings of Maximus
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 16, 2023 | 4 | Insider Trading | |
| May 15, 2023 | 144 | Notice of Insider Sale Intent | |
| May 11, 2023 | 8-K/A | Current Report | |
| May 10, 2023 | SC 13G/A | Major Ownership Report | |
| May 08, 2023 | 8-K | Current Report | |
| May 04, 2023 | 10-Q | Quarterly Report | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 15, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for MMS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-15 | Link Michelle F. | sold | -156,515 | 79.53 | -1,968 | chief of human resources |
2023-02-10 | Baylinson Ilene R. | sold | -790,167 | 82.74 | -9,550 | general mgr - health & human |
2023-01-04 | FRANCIS DAVID | sold | -271,238 | 74.68 | -3,632 | general counsel |
2022-12-07 | RUDDY RAYMOND B | bought | 400,584 | 69.91 | 5,730 | - |
2022-12-06 | RUDDY RAYMOND B | gifted | - | - | -5,730 | - |
2022-11-28 | RAJAN GAYATHRI | acquired | 3,188 | 68.77 | 46.364 | - |
2022-11-23 | FRANCIS DAVID | sold | -127,656 | 70.92 | -1,800 | general counsel |
2022-09-30 | Baylinson Ilene R. | sold | -334,662 | 57.87 | -5,783 | group general manager |
2022-09-30 | Mutryn David | sold | -184,779 | 57.87 | -3,193 | chief financial officer |
2022-09-30 | Weipert Teresa | sold | -86,342 | 57.87 | -1,492 | general mgr us federal segment |
Maximus, Inc. provides business process services (BPS) to government health and human services programs. It operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment offers various BPS solutions, such as program administration, appeals and assessments, and related consulting works for U.S. state and local government programs, including the Affordable Care Act, Medicaid, the Children's Health Insurance Program, Temporary Assistance to Needy Families, child support programs, Preadmission Screening and Resident Reviews, and Independent Developmental Disability assessments. This segment also provides program eligibility support and enrollment; centralized multilingual customer contact centers, multichannel, and digital self-service options for enrollment; application assistance and independent health plan choice counseling; beneficiary outreach, education, eligibility, enrollment, and redeterminations; person-centered independent disability, long-term sick, and other health assessments; and specialized consulting services. The U.S. Federal Services segment offers centralized citizen engagement centers and support services; document and record management; case management, citizen support, and consumer education; independent medical reviews and worker's compensation benefit appeals; Medicare and Medicaid appeals; and federal marketplace eligibility appeals. This segment also provides modernization of systems and information technology infrastructure; infrastructure operations and support services; software development, operations, and management services; and data analytics services. The Outside the U.S. segment offers BPS solutions for governments and commercial clients outside the United States, including health and disability assessments, program administration for employment services, and other job seeker-related services. The company was incorporated in 1975 and is headquartered in Reston, Virginia.
MMS Income Statement
2023-03-31Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | Mar. 31, 2023 | Mar. 31, 2022 | |
| Income Statement [Abstract] | ||||
| Revenue | $ 1,206,852 | $ 1,177,326 | $ 2,456,098 | $ 2,328,202 |
| Cost of revenue | 978,249 | 948,875 | 1,982,748 | 1,871,596 |
| Gross profit | 228,603 | 228,451 | 473,350 | 456,606 |
| Selling, general, and administrative expenses | 142,448 | 130,307 | 288,900 | 254,528 |
| Amortization of intangible assets | 23,650 | 22,856 | 47,168 | 45,261 |
| Operating income | 62,505 | 75,288 | 137,282 | 156,817 |
| Interest expense | 20,999 | 9,438 | 42,605 | 19,076 |
| Other income, net | 818 | 715 | 1,084 | 404 |
| Income before income taxes | 42,324 | 66,565 | 95,761 | 138,145 |
| Provision for income taxes | 10,536 | 16,469 | 23,978 | 34,719 |
| Net income | $ 31,788 | $ 50,096 | $ 71,783 | $ 103,426 |
| Earnings per share: | ||||
| Basic (in dollars per share) | $ 0.52 | $ 0.81 | $ 1.17 | $ 1.66 |
| Diluted (in dollars per share) | $ 0.52 | $ 0.80 | $ 1.17 | $ 1.66 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 61,120 | 62,227 | 61,119 | 62,256 |
| Diluted (in shares) | 61,383 | 62,381 | 61,265 | 62,409 |
| Dividends declared per share (in dollars per share) | $ 0.28 | $ 0.28 | $ 0.56 | $ 0.56 |
MMS Balance Sheet
2023-03-31Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Sep. 30, 2022 |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $ 56,344 | $ 40,658 |
| Accounts receivable, net | 742,387 | 807,110 |
| Income taxes receivable | 12,156 | 2,158 |
| Prepaid expenses and other current assets | 141,017 | 182,387 |
| Total current assets | 951,904 | 1,032,313 |
| Property and equipment, net | 46,915 | 52,258 |
| Capitalized software, net | 71,393 | 58,740 |
| Operating lease right-of-use assets | 162,633 | 132,885 |
| Goodwill | 1,780,200 | 1,779,415 |
| Intangible assets, net | 751,194 | 804,904 |
| Deferred contract costs, net | 47,498 | 47,732 |
| Deferred compensation plan assets | 42,049 | 37,050 |
| Deferred income taxes | 5,865 | 4,970 |
| Other assets | 39,205 | 42,447 |
| Total assets | 3,898,856 | 3,992,714 |
| Liabilities: | ||
| Accounts payable and accrued liabilities | 259,463 | 264,553 |
| Accrued compensation and benefits | 156,990 | 178,199 |
| Deferred revenue, current portion | 66,796 | 87,146 |
| Income taxes payable | 4,482 | 718 |
| Long-term debt, current portion | 84,490 | 63,458 |
| Operating lease liabilities, current portion | 55,928 | 63,999 |
| Other current liabilities | 53,026 | 116,374 |
| Total current liabilities | 681,175 | 774,447 |
| Deferred revenue, non-current portion | 25,776 | 21,414 |
| Deferred income taxes | 201,079 | 206,099 |
| Long-term debt, non-current portion | 1,205,028 | 1,292,483 |
| Deferred compensation plan liabilities, non-current portion | 43,706 | 40,210 |
| Operating lease liabilities, non-current portion | 121,957 | 86,175 |
| Other liabilities | 18,413 | 22,515 |
| Total liabilities | 2,297,134 | 2,443,343 |
| Commitments and contingencies (Note 11) | ||
| Shareholders' equity: | ||
| Common stock, no par value; 100,000 shares authorized; 60,784 and 60,774 shares issued and outstanding as of March 31, 2023, and September 30, 2022, respectively (shares in thousands) | 572,632 | 557,978 |
| Accumulated other comprehensive loss | (33,303) | (33,961) |
| Retained earnings | 1,062,393 | 1,025,354 |
| Total shareholders' equity | 1,601,722 | 1,549,371 |
| Total liabilities and shareholders' equity | $ 3,898,856 | $ 3,992,714 |