Media headlines about Mantech International (NASDAQ:MANT) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mantech International earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 44.8055504443541 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Mantech International (NASDAQ MANT) traded down $0.09 during mid-day trading on Monday, hitting $50.97. 56,258 shares of the company’s stock were exchanged, compared to its average volume of 156,860. Mantech International has a one year low of $33.50 and a one year high of $53.29. The company has a market cap of $1,990.00, a P/E ratio of 33.31, a price-to-earnings-growth ratio of 4.09 and a beta of 0.97.
Mantech International (NASDAQ:MANT) last released its quarterly earnings results on Wednesday, November 1st. The technology company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. Mantech International had a net margin of 3.61% and a return on equity of 4.73%. The company had revenue of $422.70 million for the quarter, compared to the consensus estimate of $427.44 million. During the same period in the previous year, the firm earned $0.38 EPS. Mantech International’s revenue was up 1.8% on a year-over-year basis. sell-side analysts predict that Mantech International will post 1.56 EPS for the current fiscal year.
Several brokerages recently weighed in on MANT. Loop Capital lifted their price objective on shares of Mantech International to $57.00 in a research report on Tuesday, December 19th. Zacks Investment Research downgraded shares of Mantech International from a “buy” rating to a “hold” rating and set a $49.00 price objective on the stock. in a research report on Friday, September 29th. Maxim Group reiterated a “buy” rating and issued a $47.00 price objective (up from $44.00) on shares of Mantech International in a research report on Wednesday, September 20th. Cowen reiterated a “buy” rating and issued a $49.00 price objective on shares of Mantech International in a research report on Thursday, October 12th. Finally, Wells Fargo & Co lifted their price objective on shares of Mantech International from $42.00 to $44.00 and gave the company an “underperform” rating in a research report on Wednesday, October 25th. Four investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Mantech International presently has an average rating of “Hold” and a consensus target price of $46.14.
In other news, insider Judith L. Bjornaas sold 7,500 shares of Mantech International stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $50.79, for a total value of $380,925.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Mary K. Bush sold 1,000 shares of Mantech International stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $50.45, for a total transaction of $50,450.00. Following the completion of the transaction, the director now directly owns 7,540 shares in the company, valued at approximately $380,393. The disclosure for this sale can be found here. Insiders have sold a total of 65,500 shares of company stock worth $3,206,080 over the last 90 days. 22.28% of the stock is owned by insiders.
Mantech International Company Profile
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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