Mantech International (NASDAQ:MANT) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided EPS guidance of $2.15-2.28 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.32. The company issued revenue guidance of $2.05-2.15 billion, compared to the consensus revenue estimate of $2.1 billion.
MANT stock traded up $0.55 during trading on Wednesday, reaching $58.47. 203,100 shares of the stock traded hands, compared to its average volume of 115,397. Mantech International has a 52-week low of $48.25 and a 52-week high of $68.11. The company has a market cap of $2.33 billion, a PE ratio of 36.09, a price-to-earnings-growth ratio of 3.20 and a beta of 0.93.
MANT has been the subject of a number of research reports. Cowen reissued a buy rating and set a $65.00 price target on shares of Mantech International in a research report on Monday, November 5th. Zacks Investment Research raised Mantech International from a hold rating to a buy rating and set a $62.00 price target for the company in a research report on Tuesday, November 6th. BidaskClub upgraded Mantech International from a hold rating to a buy rating in a research note on Saturday, November 10th. Loop Capital set a $80.00 price objective on Mantech International and gave the stock a buy rating in a research note on Wednesday, November 14th. Finally, Drexel Hamilton restated a hold rating on shares of Mantech International in a research note on Wednesday, December 19th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $64.63.
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About Mantech International
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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