Shares of Mantech International Corp (NASDAQ:MANT) have earned an average recommendation of “Buy” from the eleven ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $64.63.

A number of research firms have recently issued reports on MANT. Loop Capital lifted their price objective on shares of Mantech International to $80.00 and gave the company a “buy” rating in a report on Monday, September 17th. BidaskClub downgraded shares of Mantech International from a “strong-buy” rating to a “buy” rating in a report on Wednesday, September 12th. Stifel Nicolaus restated a “hold” rating and set a $65.00 target price on shares of Mantech International in a report on Thursday, August 2nd. Noble Financial restated a “hold” rating on shares of Mantech International in a report on Friday, August 3rd. Finally, SunTrust Banks restated a “buy” rating and set a $70.00 target price on shares of Mantech International in a report on Thursday, August 2nd.

Shares of NASDAQ MANT traded down $0.62 during midday trading on Monday, reaching $60.42. The company’s stock had a trading volume of 180,825 shares, compared to its average volume of 176,270. Mantech International has a fifty-two week low of $46.00 and a fifty-two week high of $68.11. The company has a market capitalization of $2.40 billion, a PE ratio of 37.30, a price-to-earnings-growth ratio of 3.64 and a beta of 0.97.

Mantech International (NASDAQ:MANT) last posted its quarterly earnings data on Thursday, November 1st. The technology company reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.03. Mantech International had a net margin of 6.77% and a return on equity of 5.84%. The company had revenue of $497.20 million for the quarter, compared to the consensus estimate of $487.86 million. During the same period last year, the company earned $0.39 earnings per share. The firm’s revenue was up 17.6% compared to the same quarter last year. On average, sell-side analysts predict that Mantech International will post 2.09 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 21st. Investors of record on Friday, December 7th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, December 6th. This represents a $1.00 dividend on an annualized basis and a yield of 1.66%. Mantech International’s payout ratio is 61.73%.

In other Mantech International news, insider Judith L. Bjornaas sold 5,000 shares of Mantech International stock in a transaction on Tuesday, August 28th. The shares were sold at an average price of $65.87, for a total transaction of $329,350.00. Following the completion of the transaction, the insider now directly owns 11,000 shares of the company’s stock, valued at $724,570. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Richard J. Kerr sold 1,592 shares of Mantech International stock in a transaction on Tuesday, August 14th. The stock was sold at an average price of $62.95, for a total transaction of $100,216.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 80,237 shares of company stock worth $5,259,204. 22.28% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc bought a new stake in shares of Mantech International in the third quarter valued at about $123,000. Contravisory Investment Management Inc. bought a new stake in shares of Mantech International in the second quarter valued at about $133,000. CAPROCK Group Inc. bought a new stake in shares of Mantech International in the third quarter valued at about $206,000. CIBC Asset Management Inc bought a new stake in shares of Mantech International in the third quarter valued at about $234,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Mantech International in the third quarter valued at about $297,000. 63.39% of the stock is owned by hedge funds and other institutional investors.

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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Analyst Recommendations for Mantech International (NASDAQ:MANT)

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