$0.39 EPS Expected for ManTech International Corporation (MANT) This Quarter

Equities analysts expect ManTech International Corporation (NASDAQ:MANT) to post $0.39 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for ManTech International Corporation’s earnings, with the highest EPS estimate coming in at $0.41 and the lowest estimate coming in at $0.37. ManTech International Corporation reported earnings of $0.35 per share during the same quarter last year, which suggests a positive year over year growth rate of 11.4%. The business is expected to report its next quarterly earnings report on Wednesday, February 28th.

On average, analysts expect that ManTech International Corporation will report full-year earnings of $1.56 per share for the current year, with EPS estimates ranging from $1.55 to $1.57. For the next fiscal year, analysts forecast that the firm will post earnings of $1.73 per share, with EPS estimates ranging from $1.63 to $1.78. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow ManTech International Corporation.

ManTech International Corporation (NASDAQ:MANT) last posted its earnings results on Wednesday, November 1st. The technology company reported $0.39 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.01. ManTech International Corporation had a net margin of 3.61% and a return on equity of 4.73%. The firm had revenue of $422.70 million during the quarter, compared to the consensus estimate of $427.44 million. During the same quarter last year, the firm earned $0.38 EPS. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis.

MANT has been the subject of several research reports. Wells Fargo & Company boosted their price target on shares of ManTech International Corporation from $42.00 to $44.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 25th. Jefferies Group LLC reaffirmed a “sell” rating on shares of ManTech International Corporation in a research report on Friday, August 18th. Zacks Investment Research cut shares of ManTech International Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. BidaskClub raised shares of ManTech International Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Finally, Maxim Group lifted their price objective on shares of ManTech International Corporation from $47.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. ManTech International Corporation presently has an average rating of “Hold” and an average price target of $44.86.

ManTech International Corporation (NASDAQ MANT) traded up $0.53 during trading hours on Friday, hitting $49.00. 132,463 shares of the company’s stock traded hands, compared to its average volume of 156,062. The firm has a market capitalization of $1,900.00, a P/E ratio of 31.68, a price-to-earnings-growth ratio of 3.88 and a beta of 0.93. ManTech International Corporation has a fifty-two week low of $33.50 and a fifty-two week high of $51.56.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be given a $0.21 dividend. The ex-dividend date is Thursday, December 7th. This represents a $0.84 dividend on an annualized basis and a yield of 1.71%. ManTech International Corporation’s dividend payout ratio (DPR) is presently 27.45%.

In related news, insider Daniel J. Keefe sold 6,500 shares of the business’s stock in a transaction on Monday, November 6th. The shares were sold at an average price of $49.85, for a total value of $324,025.00. Following the completion of the sale, the insider now directly owns 6,500 shares of the company’s stock, valued at $324,025. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider L. William Varner sold 47,500 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $48.52, for a total transaction of $2,304,700.00. Following the completion of the sale, the insider now directly owns 37,500 shares of the company’s stock, valued at $1,819,500. The disclosure for this sale can be found here. Over the last three months, insiders sold 85,520 shares of company stock valued at $3,942,261. 35.06% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. lifted its position in ManTech International Corporation by 0.3% in the second quarter. Oppenheimer Asset Management Inc. now owns 27,202 shares of the technology company’s stock valued at $1,126,000 after acquiring an additional 91 shares during the last quarter. Arizona State Retirement System lifted its position in ManTech International Corporation by 0.8% in the second quarter. Arizona State Retirement System now owns 13,371 shares of the technology company’s stock valued at $553,000 after acquiring an additional 100 shares during the last quarter. Texas Permanent School Fund lifted its position in ManTech International Corporation by 1.0% in the second quarter. Texas Permanent School Fund now owns 18,695 shares of the technology company’s stock valued at $774,000 after acquiring an additional 192 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of ManTech International Corporation by 5.5% in the second quarter. Public Employees Retirement System of Ohio now owns 4,576 shares of the technology company’s stock valued at $189,000 after buying an additional 239 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its holdings in shares of ManTech International Corporation by 2.7% in the second quarter. Municipal Employees Retirement System of Michigan now owns 9,190 shares of the technology company’s stock valued at $381,000 after buying an additional 240 shares during the last quarter. 61.63% of the stock is owned by hedge funds and other institutional investors.

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About ManTech International Corporation

ManTech International Corporation provides technologies and solutions for national security programs for the intelligence community; the departments of Defense, State, Homeland Security, Health and Human Services, Veteran Affairs and Justice, including the Federal Bureau of Investigation (FBI); the space community, and other the United States Government customers.

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Earnings History and Estimates for ManTech International Corporation (NASDAQ:MANT)

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