Mantech International Corp (MANT) reported quarterly earnings results on Wednesday, Apr-27-2016. The company said it had a profit of $0.35 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.31. The company posted revenue of $390.66 million in the period, compared to analysts expectations of $386.86 million. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.
Many Wall Street Analysts have commented on Mantech International Corp. Company shares were Reiterated by Maxim Group on Feb 18, 2016 to “Buy”, Firm has raised the Price Target to $ 44 from a previous price target of $43 .
Mantech International Corp opened for trading at $31.9 and hit $32.65 on the upside on Friday, eventually ending the session at $32.17, with a gain of 0.66% or 0.21 points. The heightened volatility saw the trading volume jump to 94,846 shares. Company has a market cap of $1,212 M.
In a different news, on Mar 4, 2016, Mary K Bush (director) sold 1,580 shares at $28.87 per share price. According to the SEC, on Nov 25, 2015, Daniel J Keefe (Business Group President) sold 25,000 shares at $32.03 per share price. On Sep 11, 2015, Walter R Jr Fatzinger (director) sold 1,700 shares at $26.35 per share price, according to the Form-4 filing with the securities and exchange commission.
ManTech International Corporation is a provider of technologies and solutions for national security programs for the intelligence community; the departments of Defense State Homeland Security Energy and Justice including the Federal Bureau of Investigation; the healthcare and space communities; and other United States federal Government customers. It supports national security programs for around 50 federal agencies through over 1100 contracts. Its solutions and services include cyber; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation; command control communications computers intelligence surveillance and reconnaissance; training; global logistics and supply chain management and management consulting. It offers services to the Unites States Government intelligence military space and civilian agencies and commercial customers among others.