Jefferies Reiterates Buy Rating On Shares Of ManTech International (MANT)

See more trading ideas

Jefferies & Co. said in a report today that they came away from meetings with ManTech

management encouraged about developments at the company. They also said that hiring trends suggest that margin growth could be on the rise. They wrote, "current MANT headcount stands at approximately 9,100, up from 8,000 at the end of Q4. Generally, strong headcount growth leads to high margin growth, as direct labor is the best revenue source for MANT." The firm has a Buy rating on the shares, and a price target of $60.00. During today's trading session, MANT has jumped 2.24% to $46.08. The company has a market cap of $1.68 billion. The stock is trading at a forward P/E of 11.93 and a PEG ratio of 0.95.