Brokerages Set Mantech International Corp (MANT) PT at $65.00

Mantech International Corp (NASDAQ:MANT) has been given an average rating of “Hold” by the twelve ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $65.00.

Several research firms recently issued reports on MANT. BidaskClub raised Mantech International from a “hold” rating to a “buy” rating in a research report on Thursday, February 7th. Drexel Hamilton restated a “hold” rating on shares of Mantech International in a research note on Wednesday, December 19th. 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. Zacks Investment Research cut Mantech International from a “buy” rating to a “hold” rating in a research note on Tuesday, January 8th. Finally, Cowen reissued a “buy” rating and issued a $65.00 price target on shares of Mantech International in a research note on Monday, November 5th.

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Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc lifted its position in shares of Mantech International by 1.6% during the 3rd quarter. Vanguard Group Inc now owns 3,239,112 shares of the technology company’s stock worth $205,036,000 after buying an additional 49,492 shares during the period. Teachers Advisors LLC lifted its position in shares of Mantech International by 0.4% during the 3rd quarter. Teachers Advisors LLC now owns 272,956 shares of the technology company’s stock worth $17,278,000 after buying an additional 959 shares during the period. AQR Capital Management LLC lifted its position in shares of Mantech International by 5.1% during the 3rd quarter. AQR Capital Management LLC now owns 35,509 shares of the technology company’s stock worth $2,248,000 after buying an additional 1,726 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of Mantech International during the 3rd quarter worth approximately $257,000. Finally, Vanguard Group Inc. lifted its position in shares of Mantech International by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 3,239,112 shares of the technology company’s stock worth $205,036,000 after buying an additional 49,492 shares during the period. Institutional investors and hedge funds own 64.71% of the company’s stock.

MANT stock traded up $0.55 during trading on Wednesday, hitting $58.47. The stock had a trading volume of 203,100 shares, compared to its average volume of 115,397. Mantech International has a 1-year low of $48.25 and a 1-year high of $68.11. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of 36.09, a PEG ratio of 3.20 and a beta of 0.93.

Mantech International (NASDAQ:MANT) last issued its earnings results on Wednesday, February 20th. The technology company reported $0.50 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.52 by ($0.02). The firm had revenue of $497.10 million for the quarter, compared to analysts’ expectations of $493.45 million. Mantech International had a return on equity of 5.84% and a net margin of 6.77%. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 EPS. On average, sell-side analysts predict that Mantech International will post 2.09 EPS for the current year.

Mantech International Company Profile

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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MoSys (MOSY) Stock Price Down 5%

MoSys Inc. (NASDAQ:MOSY)’s share price fell 5% on Thursday . The company traded as low as $0.18 and last traded at $0.19. 2,092,279 shares changed hands during trading, an increase of 89% from the average session volume of 1,108,888 shares. The stock had previously closed at $0.20.

Separately, ValuEngine cut MoSys from a “buy” rating to a “hold” rating in a report on Friday, January 4th.

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The firm has a market capitalization of $8.52 million, a price-to-earnings ratio of 1.99 and a beta of 1.01. The company has a quick ratio of 2.00, a current ratio of 2.39 and a debt-to-equity ratio of 1.73.

MoSys (NASDAQ:MOSY) last released its quarterly earnings results on Wednesday, February 20th. The semiconductor producer reported $0.01 earnings per share for the quarter. The business had revenue of $3.45 million during the quarter. MoSys had a positive return on equity of 11.69% and a negative net margin of 15.79%.

An institutional investor recently raised its position in MoSys stock. Ingalls & Snyder LLC lifted its holdings in shares of MoSys Inc. (NASDAQ:MOSY) by 4,588.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,196,402 shares of the semiconductor producer’s stock after purchasing an additional 4,106,906 shares during the quarter. Ingalls & Snyder LLC owned about 9.79% of MoSys worth $698,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 12.47% of the company’s stock.

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MoSys Company Profile (NASDAQ:MOSY)

MoSys, Inc, a semiconductor company, develops and sells integrated circuits (ICs) for the high-speed cloud networking, communications, security appliance, video, monitor and test, data center, and computing markets. The company offers memory-dominated ICs under the Bandwidth Engine and Programmable Search Engine names.

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Analysts Expect Fortinet Inc (FTNT) to Post $0.39 EPS

Equities research analysts expect Fortinet Inc (NASDAQ:FTNT) to announce earnings of $0.39 per share for the current quarter, Zacks Investment Research reports. Ten analysts have provided estimates for Fortinet’s earnings. The lowest EPS estimate is $0.38 and the highest is $0.42. Fortinet reported earnings per share of $0.33 during the same quarter last year, which indicates a positive year-over-year growth rate of 18.2%. The firm is scheduled to issue its next quarterly earnings results on Thursday, May 2nd.

According to Zacks, analysts expect that Fortinet will report full year earnings of $2.07 per share for the current year, with EPS estimates ranging from $2.04 to $2.10. For the next financial year, analysts anticipate that the business will report earnings of $2.36 per share, with EPS estimates ranging from $2.27 to $2.51. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that cover Fortinet.

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Fortinet (NASDAQ:FTNT) last posted its earnings results on Wednesday, February 6th. The software maker reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.11. Fortinet had a return on equity of 22.72% and a net margin of 18.44%. The business had revenue of $507.00 million during the quarter, compared to the consensus estimate of $496.33 million. During the same period in the previous year, the business earned $0.32 EPS. The business’s quarterly revenue was up 21.7% on a year-over-year basis.

FTNT has been the subject of several research reports. Monness Crespi & Hardt boosted their target price on Fortinet from $76.00 to $91.00 and gave the company a “buy” rating in a report on Friday, November 2nd. Royal Bank of Canada boosted their target price on Fortinet to $76.00 and gave the company a “sector perform” rating in a report on Friday, November 2nd. BMO Capital Markets boosted their price target on Fortinet from $76.00 to $90.00 and gave the company an “outperform” rating in a research report on Friday, November 2nd. Citigroup boosted their price target on Fortinet from $71.00 to $84.00 and gave the company a “neutral” rating in a research report on Friday, November 2nd. Finally, JPMorgan Chase & Co. boosted their price target on Fortinet from $76.00 to $93.00 and gave the company a “neutral” rating in a research report on Friday, November 2nd. Two investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $80.86.

Shares of Fortinet stock traded up $0.82 on Tuesday, hitting $83.93. The stock had a trading volume of 1,439,294 shares, compared to its average volume of 2,177,512. Fortinet has a 52-week low of $48.42 and a 52-week high of $94.37. The company has a market capitalization of $14.28 billion, a P/E ratio of 74.27, a PEG ratio of 3.92 and a beta of 0.90.

In related news, CFO Keith Jensen sold 1,875 shares of the stock in a transaction on Wednesday, November 21st. The stock was sold at an average price of $68.39, for a total value of $128,231.25. Following the transaction, the chief financial officer now directly owns 1,245 shares of the company’s stock, valued at approximately $85,145.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Ken Xie sold 80,000 shares of the stock in a transaction on Monday, February 11th. The shares were sold at an average price of $81.64, for a total value of $6,531,200.00. Following the completion of the sale, the chief executive officer now owns 12,613,240 shares of the company’s stock, valued at $1,029,744,913.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 108,751 shares of company stock worth $8,819,765. Corporate insiders own 17.70% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. Delta Investment Management LLC bought a new position in Fortinet in the fourth quarter worth about $563,000. Cooper Financial Group acquired a new position in Fortinet in the fourth quarter worth approximately $209,000. First Mercantile Trust Co. acquired a new position in Fortinet in the fourth quarter worth approximately $580,000. Cim LLC purchased a new position in Fortinet during the 4th quarter worth approximately $487,000. Finally, Navellier & Associates Inc grew its position in Fortinet by 13.8% during the 4th quarter. Navellier & Associates Inc now owns 74,759 shares of the software maker’s stock worth $5,265,000 after purchasing an additional 9,085 shares in the last quarter. 71.30% of the stock is currently owned by institutional investors and hedge funds.

About Fortinet

Fortinet, Inc provides broad, automated, and integrated cybersecurity solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, Web filtering, anti-spam, and WAN acceleration; and FortiSandbox technology that delivers proactive detection and mitigation services; and FortiSIEM family of products, which offers a cloud-ready security information and event management solution for enterprises and service providers.

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More Workers Are Quitting Their Jobs For Flexibility

A strong job market makes it easier for workers to quit unsatisfying jobs. If you know it's not going to be too hard to find something better (or at least something different), it's easier to walk away from an unhappy work situation. Increasingly, the reason people aren't happy is that their job does not offer as much flexibility as they want.

In fact, the number of professionals who have left their jobs because they weren't flexible enough has more than doubled since 2014, according to FlexJobs. This reflects both the low unemployment rate and the changing nature of work. Workers understand that the tools exist for many jobs to be performed well remotely, at least part of the time. And they're unwilling to stay in situations that don't allow flexibility.

More workers want flexible work situation. Image source: Getty Images.

More workers demand flexibility

Technology has advanced our ability to perform many jobs remotely, without performance suffering, so companies don't sacrifice much by offering workers flexibility. The many telecommuting capabilities also makes it harder for employers to justify not offering flexible work arrangements. Plus, the strong employment market has emboldened workers to seek out work situations that meet their specific needs.

A 2014 FlexJobs survey showed that 13% of workers had quit a previous job because it lacked flexibility. That number more than doubled in the 2018 version of the same survey, which showed that 31% of workers said they had quit a job because it wasn't flexible. Further, 17% of survey respondents reported that they were looking for a more flexible job, while 13% said they had considered leaving an inflexible job but decided to stay.

The 3,000 survey respondents defined flexibility in different ways, but 80% said the ability to telecommute 100% of the time was something they were interested in. About 71% were interested in a flexible schedule, while 44% of respondents expressed the desire to have a non-traditional work schedule.

Get what you want

Before you quit your current job to seek the perfect flexibile position, evaluate your situation.

The job market may be strong, but is it strong in your field? Can you quit and expect to find something equal or better reasonably quickly? Are you willing to move cities or even states? Would you take a pay cut in order to have more flexibility?

If you like your company but you are really looking for more flexibility, start by talking with your employer. If it's easy for you to find another position, that may mean it will be challenging for your employer to replace you -- and your company might be willing to offer you more flexibility to keep you on board.

Some employers, however, are rooted in their ways and won't allow exceptions or change the rules. If that's the case, you should consider leaving, but do so in a way that benefits your career. You generally don't have to quit your job to put your feelers out and start searching for a better one. You might want to quit first, but consider whether looking while employed is a safer and more affordable option. The robustness of your emergency fund will also play into the decision of whether you can afford to leave your job before securing a new gig.

No matter how you approach your flexible job search, go find the situation that works best for you. Take a rational approach to finding the right situation, but in this market, know that what you want is probably out there.