MAXIMUS, Inc. MMS has joined hands with Virginia Ready Initiative (VA Ready), a newly formed nonprofit organization, with a view to address coronavirus-related job loss across the Commonwealth of Virginia.
Notably, VA Ready focuses on skill-development programs for jobless Virginians to get them ready for in-demand jobs in potential sectors.
Through FastForward, a state-led short-term workforce credential program offered through the Virginia Community College System’s (“VCCS”) 23 community colleges, VA Ready trains Virginians for jobs that are in demand across the Commonwealth. It gives scholars a $1,000 Credential Achievement Award and interview opportunities with its business partners.
MAXIMUS Extends Support, Input and Participation
MAXIMUS is now one of VA Ready’s Business Partners and the company’s support to the public charity includes financial aid for Credential Achievement Awards and awareness efforts, inputs on offerings and curricula of VCCS through to Talent Task Force, participation in the VA Ready Job Exchange, and provision of job interview opportunities to VA Ready Scholars.
“No matter the role, we are driven by our mission to help government serve people through health and human services benefit programs here in Virginia, as well as across the country and around the world,” said Bruce Caswell, MAXIMUS president and CEO.
MAXIMUS’s shares have gained 25.6% over the past there months, significantly outperforming the 10.9% rally of the industry it belongs to.
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Zacks Rank and Stocks to Consider
MAXIMUS currently carries a Zacks Rank #3 (Hold).
A few better-ranked stocks in the broader Zacks Business Services sector are Elastic N.V. ESTC, SailPoint Technologies Holdings, Inc. SAIL and DocuSign, Inc. DOCU. All the stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Long-term earnings (three to five years) growth rates for Elastic, SailPoint Technologies and DocuSign are estimated at 26%, 15% and 31.2% respectively.
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