Maximus, Inc.

Validea John Neff Strategy Daily Upgrade Report - 12/12/2025

Maximus, Inc. MMS reported unimpressive fourth-quarter fiscal 2025 results, wherein both earnings and revenues missed the Zacks Consensus Estimate.
Despite the lower-than-expected results, the stock rallied 5.6% following the earnings release on Nov. 20.
Maximus, Inc. Price, Consensus and EPS Surprise
Quarterly adjusted earnings of $1.62 per share missed the Zacks Consensus Estimate by 0.6% but increased 11% year over year. Revenues of $1.32 billion missed the consensus mark by 1.5% but rose 0.19% from the year-ago quarter.
Segmental Revenues of Maximus
The U.S. Federal Services segment’s revenues of $747.9 million rose 10.8% from the year-ago reported number and beat our estimate of $737.9 million. Meanwhile, the Outside the U.S. segment’s revenues of $141.2 million decreased 20.3% year over year and beat our anticipation of $110.7 million. The U.S. Services segment’s revenues of $429.3 million fell 7.4% year over year and lagged our estimate of $474.2 million.
MMS’ Sales and Pipeline
Year-to-date signed contract awards, as of Sept. 30, 2025, totaled $4.7 billion. Contracts pending (awarded but unsigned) amounted to $331 million. The sales pipeline, as of Sept. 30, was $51.3 billion. This included $3.37 billion in pending proposals, $1.37 billion in proposals in preparation and $46.6 billion in opportunities tracking. The book-to-bill ratio was 0.9 on a trailing 12-month basis.
MMS’ Operating Performance
Operating income of $122.86 million increased 9.9% year over year. This compares with our expected adjusted operating income of $148.4 million, down 10.1% year over year. The adjusted operating income margin of 9.32% increased 82 basis points year over year.
Maximus’ Balance Sheet and Cash Flow
Maximus ended the quarter with a cash and cash equivalent balance of $222 million compared with $59.8 million reported at the end of the prior quarter.
The company generated $429 million in cash from operations. Free cash flow was $366 million.
MMS Updates Fiscal 2026 Guidance
For fiscal 2026, MMS expects the total revenues to be between $5.225 billion and $5.425 billion. The Zacks Consensus Estimate is pegged at $5.61 billion.
Adjusted earnings are anticipated in the range of $7.95-$8.25 per share. The updated guided range is higher than the current Zacks Consensus Estimate of $7.34.
The company expects an adjusted EBITDA margin of approximately 13.6-13.7%.
Free cash flow expectation is between $450 million and $500 million. The company forecasts interest expenses of approximately $69 million. The effective income tax rate is anticipated to be within 25%. On a full-year basis, the weighted average shares outstanding are forecasted to be approximately 55.5 million.
Currently, Maximus carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Earnings Snapshot
Omnicom Group Inc. OMC reported impressive third-quarter 2025 results, wherein earnings and revenues beat the Zacks Consensus Estimate.
Earnings of $2.15 per share beat the consensus estimate by 4.2% and increased 10.3% year over year. Total revenues of $4.04 billion surpassed the consensus estimate by 0.4% and rose 4% year over year. The increase in the top line was led by a 2.6% jump in revenues from organic growth.
ManpowerGroup, Inc. MAN posted impressive third-quarter 2025 results, wherein earnings and revenues beat the Zacks Consensus Estimate.
Quarterly adjusted earnings per share came in at 83 cents, which beat the Zacks Consensus Estimate by 1.2% but decreased 35.7% year over year. Total revenues of $4.63 billion surpassed the consensus estimate by 0.6% and rose 2.3% year over year.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Maximus Stock Rises 5.6% Despite Q4 Earnings Missing Estimates

The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
MAXIMUS INC (MMS) is a mid-cap growth stock in the Business Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Maximus, Inc. is an operator of government health and human services programs and provider of technology solutions to governments. The Company operates through three segments: U.S. Services, U.S. Federal Services, and Outside the U.S. The U.S. Services segment provides a variety of business process services (BPS), such as program administration, appeals and assessments, and related consulting work for United States state and local government programs. The U.S. Federal Services segment delivers end-to-end solutions that help various United States federal government agencies, including program operations and management, clinical services, and technology solutions. The Outside the U.S. segment provides BPS for international governments and commercial clients. The services of this segment include health and disability assessments, program administration for employment services, wellbeing solutions, and other job seeker-related services. It also delivers services in the United Kingdom.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of MAXIMUS INC
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Peter Lynch Strategy Daily Upgrade Report - 11/25/2025

(RTTNews) - Maximus Inc (MMS) will host a conference call at 9:00 AM ET on November 20, 2025, to discuss Q4 25 earnings results.
To access the live webcast, log on to https://investor.maximus.com
To listen to the call, dial 877.407.8289 (US) or +1.201.689.8341 (International)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Maximus Inc Q4 25 Earnings Conference Call AT 9:00 AM ET

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, Maximus, Inc. (MMS) initiated its adjusted earnings and revenue guidance for the full-year 2026.
For fiscal 2025, the company now projects adjusted earnings in a range of $7.95 to $8.25 per share on sales between $5.225 billion and $5.425 billion.
On average, analysts polled expect the company to report earnings of $7.62 per share on sales of $5.57 billion for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Maximus Guides FY26 Adj. EPS Above Estimates, Revenues Below - Update

The following companies are expected to report earnings prior to market open on 11/20/2025. Visit our Earnings Calendar for a full list of expected earnings releases.
Walmart Inc. (WMT)is reporting for the quarter ending October 31, 2025. The supermarket company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.61. This value represents a 5.17% increase compared to the same quarter last year. WMT missed the consensus earnings per share in the 3rd calendar quarter of 2025 by -6.85%. Zacks Investment Research reports that the 2026 Price to Earnings ratio for WMT is 38.70 vs. an industry ratio of 15.90, implying that they will have a higher earnings growth than their competitors in the same industry.
NetEase, Inc. (NTES)is reporting for the quarter ending September 30, 2025. The internet software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.88. This value represents a 30.56% increase compared to the same quarter last year. In the past year NTES has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 1.08%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for NTES is 18.05 vs. an industry ratio of 17.20, implying that they will have a higher earnings growth than their competitors in the same industry.
Jacobs Solutions Inc. (J)is reporting for the quarter ending September 30, 2025. The building company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.67. This value represents a 21.90% increase compared to the same quarter last year. In the past year J has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 3.85%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for J is 24.92 vs. an industry ratio of 18.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Vipshop Holdings Limited (VIPS)is reporting for the quarter ending September 30, 2025. The internet services company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.35. This value represents a 40.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for VIPS is 9.72 vs. an industry ratio of 27.10.
Construction Partners, Inc. (ROAD)is reporting for the quarter ending September 30, 2025. The building company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.11. This value represents a 91.38% increase compared to the same quarter last year. ROAD missed the consensus earnings per share in the 2nd calendar quarter of 2025 by -6.9%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for ROAD is 51.62 vs. an industry ratio of 18.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Maximus, Inc. (MMS)is reporting for the quarter ending September 30, 2025. The government services company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.63. This value represents a 11.64% increase compared to the same quarter last year. MMS missed the consensus earnings per share in the 3rd calendar quarter of 2024 by -0.68%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for MMS is 10.65 vs. an industry ratio of 13.10.
Bath & Body Works, Inc. (BBWI)is reporting for the quarter ending October 31, 2025. The retail company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.40. This value represents a 18.37% decrease compared to the same quarter last year. In the past year BBWI has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2026 Price to Earnings ratio for BBWI is 6.21 vs. an industry ratio of 1.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Warner Music Group Corp. (WMG)is reporting for the quarter ending September 30, 2025. The movie/tv production company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.35. This value represents a 337.50% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for WMG is 33.33 vs. an industry ratio of 577.70.
VNET Group, Inc. (VNET)is reporting for the quarter ending September 30, 2025. The internet software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.01. This value represents a 83.33% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for VNET is 288.83 vs. an industry ratio of -69.60, implying that they will have a higher earnings growth than their competitors in the same industry.
Atkore Inc. (ATKR)is reporting for the quarter ending September 30, 2025. The wire and cable company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.16. This value represents a 42.57% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for ATKR is 10.83 vs. an industry ratio of 10.80, implying that they will have a higher earnings growth than their competitors in the same industry.
ZIM Integrated Shipping Services Ltd. (ZIM)is reporting for the quarter ending September 30, 2025. The shipping company's consensus earnings per share forecast from the 2 analysts that follow the stock is $1.66. This value represents a 82.23% decrease compared to the same quarter last year. ZIM missed the consensus earnings per share in the 2nd calendar quarter of 2025 by -87.33%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for ZIM is 4.49 vs. an industry ratio of 1.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Valneva SE (VALN)is reporting for the quarter ending September 30, 2025. The medical products company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.30. This value represents a 100.00% decrease compared to the same quarter last year. VALN missed the consensus earnings per share in the 4th calendar quarter of 2024 by -145.45%. The days to cover, as reported in the 10/31/2025 short interest update, increased 183.77% from previous report on 10/15/2025. Zacks Investment Research reports that the 2025 Price to Earnings ratio for VALN is -7.85 vs. an industry ratio of 10.50.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Earnings Report for November 20, 2025 : WMT, NTES, J, VIPS, ROAD, MMS, BBWI, WMG, VNET, ATKR, ZIM, VALN

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. MAXIMUS Inc. (Symbol: MMS) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making MAXIMUS Inc. an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of MMS entered into oversold territory, changing hands as low as $80.61 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of MAXIMUS Inc., the RSI reading has hit 29.2 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 52.3. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, MMS's recent annualized dividend of 1.2/share (currently paid in quarterly installments) works out to an annual yield of 1.45% based upon the recent $82.49 share price.
A bullish investor could look at MMS's 29.2 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on MMS is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
Click here to find out what 9 other oversold dividend stocks you need to know about »
Also see:
ISSC Options Chain
TXO Average Annual Return
YONG Historical Stock Prices
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Relative Strength Alert For MAXIMUS

Looking at the universe of stocks we cover at Dividend Channel, on 11/14/25, MAXIMUS Inc. (Symbol: MMS), Booz Allen Hamilton Holding Corp. (Symbol: BAH), and Corning Inc (Symbol: GLW) will all trade ex-dividend for their respective upcoming dividends. MAXIMUS Inc. will pay its quarterly dividend of $0.30 on 12/1/25, Booz Allen Hamilton Holding Corp. will pay its quarterly dividend of $0.55 on 12/2/25, and Corning Inc will pay its quarterly dividend of $0.28 on 12/12/25. As a percentage of MMS's recent stock price of $82.49, this dividend works out to approximately 0.36%, so look for shares of MAXIMUS Inc. to trade 0.36% lower — all else being equal — when MMS shares open for trading on 11/14/25. Similarly, investors should look for BAH to open 0.63% lower in price and for GLW to open 0.32% lower, all else being equal.
Below are dividend history charts for MMS, BAH, and GLW, showing historical dividends prior to the most recent ones declared.
MAXIMUS Inc. (Symbol: MMS):
Booz Allen Hamilton Holding Corp. (Symbol: BAH):
Corning Inc (Symbol: GLW):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.45% for MAXIMUS Inc., 2.53% for Booz Allen Hamilton Holding Corp., and 1.27% for Corning Inc.
Free Report: Top 8%+ Dividends (paid monthly)
In Wednesday trading, MAXIMUS Inc. shares are currently down about 0.7%, Booz Allen Hamilton Holding Corp. shares are off about 0.3%, and Corning Inc shares are down about 0.7% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ex-Dividend Reminder: MAXIMUS, Booz Allen Hamilton Holding and Corning

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in LKQ Corp (Symbol: LKQ), where a total of 27,780 contracts have traded so far, representing approximately 2.8 million underlying shares. That amounts to about 114.9% of LKQ's average daily trading volume over the past month of 2.4 million shares. Particularly high volume was seen for the $32.50 strike call option expiring November 21, 2025, with 12,786 contracts trading so far today, representing approximately 1.3 million underlying shares of LKQ. Below is a chart showing LKQ's trailing twelve month trading history, with the $32.50 strike highlighted in orange:
MAXIMUS Inc. (Symbol: MMS) options are showing a volume of 5,128 contracts thus far today. That number of contracts represents approximately 512,800 underlying shares, working out to a sizeable 113.9% of MMS's average daily trading volume over the past month, of 450,090 shares. Especially high volume was seen for the $75 strike put option expiring December 19, 2025, with 5,128 contracts trading so far today, representing approximately 512,800 underlying shares of MMS. Below is a chart showing MMS's trailing twelve month trading history, with the $75 strike highlighted in orange:
And Antero Resources Corp (Symbol: AR) options are showing a volume of 44,584 contracts thus far today. That number of contracts represents approximately 4.5 million underlying shares, working out to a sizeable 109.8% of AR's average daily trading volume over the past month, of 4.1 million shares. Particularly high volume was seen for the $26 strike put option expiring December 19, 2025, with 30,634 contracts trading so far today, representing approximately 3.1 million underlying shares of AR. Below is a chart showing AR's trailing twelve month trading history, with the $26 strike highlighted in orange:
For the various different available expirations for LKQ options, MMS options, or AR options, visit StockOptionsChannel.com.
Also see:
Funds Holding HSAQ
Funds Holding CBRX
Funds Holding NNE
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Thursday Option Activity: LKQ, MMS, AR

Here are three stocks with buy rank and strong income characteristics for investors to consider today, Oct. 22:
Universal Insurance Holdings, Inc. UVE: This insurance holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 63.8% over the last 60 days.
UNIVERSAL INSURANCE HOLDINGS INC Price and Consensus
This Zacks Rank #1 company has a dividend yield of 2.2%, compared with the industry average of 0.7%.
UNIVERSAL INSURANCE HOLDINGS INC Dividend Yield (TTM)
UNIVERSAL INSURANCE HOLDINGS INC dividend-yield-ttm | UNIVERSAL INSURANCE HOLDINGS INC Quote
Gold Fields Limited GFI: This gold producer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.7% over the last 60 days.
Gold Fields Limited Price and Consensus
This Zacks Rank #1 company has a dividend yield of 1.5%, compared with the industry average of 0.0%.
Gold Fields Limited Dividend Yield (TTM)
Maximus, Inc. MMS: This business process services provider to the public sector has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.
Maximus, Inc. Price and Consensus
This Zacks Rank #1 company has a dividend yield of 1.4%, compared with the industry average of 0.6%.
Maximus, Inc. Dividend Yield (TTM)
See the full list of top ranked stocks here.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	16.33 24.81
Price/Sales	0.96 1.41
P/B	2.81 2.47
P/FCF	0.00 19.54

Indicator	TTM Median
ROE	18.30 15.13
ROA	7.52 6.13
ROI	10.20 9.50
Net Worth	5.04 1.43
Quick Ratio	0.00 1.15
Current Ratio	2.27 1.58

Indicator	TTM Median
Net Profit Margin	5.87 7.26
Operating Margin	9.54 10.13
Gross Margin	24.00 32.40
Return on tangible equity	0.00 26.15

Indicator	TTM Median
EPS	2.16 0.57
EPS Forecast	1.39 0.55
Revenue	1.35B 194.00M
Gross Profit	360.00M —
EBITDA	161.00M —

Maximus, Inc.

TTM metrics for the latest quarter under IFRS and their historical dynamics

Valuation

Debts

Efficiency

Other ratios

Revenue