ManTech International Corporati (NASDAQ:MANT).
On September 29 the stock rating was downgraded to “Underperform” from “Neutral” and a price target of $36.00 was set in an announcement from Credit Suisse. On August 30 the company was downgraded from “Market Perform” to “Underperform” by Wells Fargo.
On April 28 the company was upgraded from “” to “Neutral” with a current price target of $34.00 in a report from Credit Suisse. Jefferies released its first research report on the stock setting a rating of “Underperform”.
Equity analyst BB&T Capital starting coverage on MANT by announcing an initial rating of “Hold”.
The company is trading up from yesterday’s close of $40.02. Additionally ManTech International Corporati recently announced a dividend for shareholders paid on Friday the 23rd of September 2016. The dividend was $0.210 per share for the quarter which is $0.84 annualized. This dividend represents a yield of $2.08. The ex-dividend date was Wednesday the 7th of September 2016.
Company shares last traded at $40.23 a tad above $40.20, the 50 day moving average and barely above the 200 day moving average of $36.46. The 50 day moving average was up by +0.09% and the 200 day average went up $3.77 or +10.34%.
The company’s P/E ratio is 27.69 and market capitalization is 1.54B. As of the last earnings report the EPS was $1.45 and is projected to be $1.46 for the current year with 38,235,000 shares now outstanding. Next quarter’s EPS is expected be $0.37 and the next full year EPS is anticipated to be $1.54.
Traders are more bearish on shares of the company recently if you pay attention to the motion in short interest. The company saw a rise in short interest of 0.11% as of the latest report on September 15, 2016. Short shares grew from 593,637 to 657,357 over that timeframe. With short interest at 657,357 and short average daily volume at 100,144, days to cover is 6.6 and the short interest percentage is 0.02% as of September 15.