Grufity logoGrufity logo
StocksFundsSearch Filings

Maximus Inc Stock Research

MMS

80.40USD+0.07(+0.09%)Market Closed

Market Summary

USD80.40+0.07
Market Closed
0.09%

MMS Alerts

MMS Stock Price

MMS RSI Chart

MMS Valuation

Market Cap

4.9B

Price/Earnings (Trailing)

28.38

Price/Sales (Trailing)

1.03

EV/EBITDA

20.32

Price/Free Cashflow

13.84

MMS Price/Sales (Trailing)

MMS Profitability

Operating Margin

20.22%

EBT Margin

5.48%

Return on Equity

12.05%

Return on Assets

4.5%

Free Cashflow Yield

7.22%

MMS Fundamentals

MMS Revenue

Revenue (TTM)

4.8B

Revenue Y/Y

2.51%

Revenue Q/Q

-3.39%

MMS Earnings

Earnings (TTM)

172.2M

Earnings Y/Y

-36.55%

Earnings Q/Q

-20.52%

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

Current Ratio

1.68

MMS Investor Care

Dividend Yield

1.39%

Dividend/Share (TTM)

1.12

Buy Backs (1Y)

1.34%

Diluted EPS (TTM)

2.8

Peers (Alternatives to Maximus)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
350.2B
22.8B
-3.30% 2.87%
36.26
15.35
14.69% 1.79%
194.6B
63.1B
10.04% 2.22%
28.04
3.08
11.38% 8.58%
35.1B
14.5B
-8.09% -48.44%
-2.1
2.42
2.83% -1935.16%
25.9B
9.1B
-12.05% -24.90%
-179.85
2.85
4.85% -114.24%
14.1B
3.6B
12.37% -10.34%
28.87
3.88
3.02% -22.55%
MID-CAP
7.1B
2.4B
-5.84% -1.32%
48.73
2.92
24.92% -27.14%
5.1B
1.5B
-14.64% 5.90%
32.09
3.42
24.65% 32.87%
4.9B
4.8B
-3.89% 23.57%
28.38
1.03
1.73% -31.11%
4.3B
4.4B
5.76% -34.81%
5.63
0.99
-13.15% -16.16%
SMALL-CAP
1.1B
1.3B
8.17% 9.79%
30.77
0.8
4.60% 957.58%
685.9M
3.8B
-10.54% -37.82%
-2.12
0.18
-6.52% -372.27%
541.6M
189.7M
7.98% 15.84%
16.04
2.85
19.22% 13.33%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue0.6%4,7594,7294,6314,5604,678
Cost Of Revenue0.8%3,8023,7733,6913,6753,711
Gross Profit0.0%957956940885967
  S&GA Expenses2.2%569557534517524
EBITDA-6.5%259277236401-
EBITDA Margin-8.5%0.05*0.06*0.05*0.09*-
Earnings Before Taxes-9.4%235259277236323
EBT Margin-8.5%0.05*0.06*0.05*0.07*-
Net Income-9.6%172190204187250
Net Income Margin-8.5%0.04*0.04*0.04*0.05*-
Free Cahsflow-45.5%158290440349-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets-7.9%3,8994,2353,9934,0584,108
  Current Assets-24.2%9521,2561,0321,0721,091
    Cash Equivalents88.3%11963.0041.0094.0093.00
  Net PPE-6.5%47.0050.0052.0056.0058.00
  Goodwill-0.2%1,7801,7831,7791,7841,780
Liabilities-13.4%2,2972,6542,4432,5362,553
  Current Liabilities-8.7%681746774730753
    LT Debt, Current9.0%84.0077.0063.0060.0060.00
    LT Debt, Non Current-19.0%1,2051,4871,2921,4231,387
Shareholder's Equity1.3%1,6021,5811,5491,5221,554
  Retained Earnings1.4%1,0621,0481,0259961,030
Shares Outstanding0.0%61.0061.0061.0061.0062.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations123.3%353158290440349
  Share Based Compensation10.3%29.0027.0030.0030.0030.00
Cashflow From Investing12.1%-55.73-63.38-54.01-71.95-1,420
Cashflow From Financing-116.4%-286-132-248-3641,066
  Buy Backs-25.8%70.0095.0096.0074.0026.00

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 ascendingFund NameType% 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
-%

1–10 of 46

Latest Funds Activity

Are funds buying MMS calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MMS
No. of Funds

Maximus News

Best Stocks
Maximus Reports Strong Financial Results for Q2 but Insider ....
Best Stocks,
17 hours ago
Zacks Investment Research
The Motley Fool Australia
Stock Traders Daily
How To Trade Maximus $MMS.
Stock Traders Daily,
5 days ago
Zacks Investment Research
Zacks Investment Research

Schedule 13G FIlings of Maximus

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Show 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Bruce L. Caswell
35800
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

2023-03-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 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 revenue978,249948,8751,982,7481,871,596
Gross profit228,603228,451473,350456,606
Selling, general, and administrative expenses142,448130,307288,900254,528
Amortization of intangible assets23,65022,85647,16845,261
Operating income62,50575,288137,282156,817
Interest expense20,9999,43842,60519,076
Other income, net8187151,084404
Income before income taxes42,32466,56595,761138,145
Provision for income taxes10,53616,46923,97834,719
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)61,12062,22761,11962,256
Diluted (in shares)61,38362,38161,26562,409
Dividends declared per share (in dollars per share)$ 0.28$ 0.28$ 0.56$ 0.56

MMS Balance Sheet

2023-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Sep. 30, 2022
Assets:  
Cash and cash equivalents$ 56,344$ 40,658
Accounts receivable, net742,387807,110
Income taxes receivable12,1562,158
Prepaid expenses and other current assets141,017182,387
Total current assets951,9041,032,313
Property and equipment, net46,91552,258
Capitalized software, net71,39358,740
Operating lease right-of-use assets162,633132,885
Goodwill1,780,2001,779,415
Intangible assets, net751,194804,904
Deferred contract costs, net47,49847,732
Deferred compensation plan assets42,04937,050
Deferred income taxes5,8654,970
Other assets39,20542,447
Total assets3,898,8563,992,714
Liabilities:  
Accounts payable and accrued liabilities259,463264,553
Accrued compensation and benefits156,990178,199
Deferred revenue, current portion66,79687,146
Income taxes payable4,482718
Long-term debt, current portion84,49063,458
Operating lease liabilities, current portion55,92863,999
Other current liabilities53,026116,374
Total current liabilities681,175774,447
Deferred revenue, non-current portion25,77621,414
Deferred income taxes201,079206,099
Long-term debt, non-current portion1,205,0281,292,483
Deferred compensation plan liabilities, non-current portion43,70640,210
Operating lease liabilities, non-current portion121,95786,175
Other liabilities18,41322,515
Total liabilities2,297,1342,443,343
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)572,632557,978
Accumulated other comprehensive loss(33,303)(33,961)
Retained earnings1,062,3931,025,354
Total shareholders' equity1,601,7221,549,371
Total liabilities and shareholders' equity$ 3,898,856$ 3,992,714