ManTech International (NASDAQ:MANT) Announces Earnings Results, Beats Estimates By $0.05 EPS
ManTech International (NASDAQ:MANT) posted its quarterly earnings data on Tuesday. The technology company reported $0.88 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.83 by $0.05, MarketWatch Earnings reports. ManTech International had a return on equity of 8.75% and a net margin of 5.19%. The company had revenue of $633.20 million during the quarter, compared to analysts’ expectations of $649.78 million. During the same quarter in the previous year, the business earned $0.81 EPS. ManTech International’s revenue was up 3.7% compared to the same quarter last year. ManTech International updated its FY 2021 guidance to 3.480-3.600 EPS and its FY21 guidance to $3.48-3.60 EPS.
Shares of MANT traded down $0.90 during trading hours on Tuesday, hitting $86.10. The company had a trading volume of 182,146 shares, compared to its average volume of 181,982. The company has a market capitalization of $3.49 billion, a PE ratio of 27.08, a price-to-earnings-growth ratio of 3.69 and a beta of 0.78. ManTech International has a one year low of $61.91 and a one year high of $101.35. The company’s fifty day moving average price is $85.75 and its two-hundred day moving average price is $83.10.
The company also recently announced a quarterly dividend, which was paid on Friday, March 26th. Shareholders of record on Friday, March 12th were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a dividend yield of 1.77%. This is a boost from ManTech International’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Thursday, March 11th. ManTech International’s dividend payout ratio is currently 52.23%.
ManTech International Company Profile
ManTech International Corporation provides technology solutions and services for U.S. defense, intelligence community, and federal civilian agencies worldwide. The company 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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