Somewhat Positive Media Coverage Somewhat Unlikely to Affect ManTech International Corporation (MANT) Stock Price
Media stories about ManTech International Corporation (NASDAQ:MANT) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ManTech International Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.9919564896044 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
MANT has been the topic of several research reports. Zacks Investment Research raised shares of ManTech International Corporation from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Friday, September 1st. Loop Capital raised shares of ManTech International Corporation from a “hold” rating to a “buy” rating and lifted their target price for the stock from $41.00 to $44.00 in a research note on Friday, June 30th. Finally, Maxim Group set a $44.00 target price on shares of ManTech International Corporation and gave the stock a “buy” rating in a research note on Thursday, August 3rd. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. ManTech International Corporation has a consensus rating of “Hold” and a consensus target price of $42.50.
Shares of ManTech International Corporation (NASDAQ MANT) traded up 0.91% during midday trading on Friday, hitting $46.43. 120,219 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $42.36 and its 200 day moving average price is $39.33. ManTech International Corporation has a one year low of $33.50 and a one year high of $46.77. The firm has a market cap of $1.81 billion, a PE ratio of 30.61 and a beta of 0.94.
ManTech International Corporation (NASDAQ:MANT) last announced its quarterly earnings data on Wednesday, August 2nd. The technology company reported $0.40 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.03. ManTech International Corporation had a net margin of 3.59% and a return on equity of 4.73%. The business had revenue of $413.70 million for the quarter, compared to analyst estimates of $418.60 million. During the same period in the prior year, the firm posted $0.39 EPS. The company’s revenue was up 3.1% on a year-over-year basis. Equities research analysts forecast that ManTech International Corporation will post $1.52 EPS for the current year.
The company also recently disclosed a Semi-Annual dividend, which was paid on Friday, September 22nd. Shareholders of record on Friday, September 8th were given a $0.21 dividend. This represents a yield of 2.01%. The ex-dividend date was Thursday, September 7th. ManTech International Corporation’s dividend payout ratio (DPR) is 27.63%.
In other ManTech International Corporation news, Director Walter R. Fatzinger, Jr. sold 2,000 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $40.52, for a total value of $81,040.00. Following the completion of the sale, the director now owns 21,000 shares of the company’s stock, valued at $850,920. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mary K. Bush sold 2,500 shares of the stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $40.39, for a total transaction of $100,975.00. Following the completion of the sale, the director now directly owns 8,540 shares of the company’s stock, valued at approximately $344,930.60. The disclosure for this sale can be found here. Insiders sold 28,520 shares of company stock valued at $1,167,556 in the last ninety days. 22.28% of the stock is owned by corporate insiders.
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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