Mantech International (MANT) Releases FY 2019 Earnings Guidance

Mantech International (NASDAQ:MANT) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.15-2.28 for the period, compared to the Thomson Reuters consensus estimate of $2.32. The company issued revenue guidance of $2.05-2.15 billion, compared to the consensus revenue estimate of $2.1 billion.Mantech International also updated its FY19 guidance to $2.15 to $2.28 EPS.

NASDAQ MANT traded down $4.83 during trading on Thursday, reaching $53.64. The company’s stock had a trading volume of 19,435 shares, compared to its average volume of 123,166. The firm has a market capitalization of $2.30 billion, a P/E ratio of 33.33, a P/E/G ratio of 3.16 and a beta of 0.93. Mantech International has a one year low of $48.25 and a one year high of $68.11.

Mantech International (NASDAQ:MANT) last announced its earnings results on Wednesday, February 20th. The technology company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.02). The business had revenue of $497.10 million during the quarter, compared to the consensus estimate of $493.45 million. Mantech International had a return on equity of 5.84% and a net margin of 6.77%. Mantech International’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.45 earnings per share. On average, sell-side analysts expect that Mantech International will post 2.09 EPS for the current fiscal year.

Several equities analysts have recently commented on MANT shares. Cowen reiterated a buy rating and set a $65.00 price objective on shares of Mantech International in a research report on Monday, November 5th. BidaskClub lowered Mantech International from a buy rating to a hold rating in a research report on Thursday, February 14th. Zacks Investment Research lowered Mantech International from a buy rating to a hold rating in a research report on Tuesday, January 8th. Loop Capital set a $80.00 price objective on Mantech International and gave the company a buy rating in a research report on Wednesday, November 14th. Finally, Drexel Hamilton reiterated a hold rating on shares of Mantech International in a research report on Wednesday, December 19th. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. Mantech International has an average rating of Hold and a consensus price target of $64.63.

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Mantech International Company Profile

ManTech International Corporation provides technologies and solutions for mission-critical national security programs worldwide. It offers cyber solutions and services, including security operations, threat intelligence, incident response and forensics, boundary defense, security systems engineering, infrastructure security, and computer forensics and exploitation.

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