Equities research analysts predict that Donnelley Financial Solutions Inc (NYSE:DFIN) will post earnings per share of $0.12 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Donnelley Financial Solutions’ earnings, with estimates ranging from $0.07 to $0.22. Donnelley Financial Solutions posted earnings of $0.45 per share in the same quarter last year, which would indicate a negative year over year growth rate of 73.3%. The firm is expected to report its next quarterly earnings report on Wednesday, May 1st.
On average, analysts expect that Donnelley Financial Solutions will report full year earnings of $1.38 per share for the current financial year, with EPS estimates ranging from $1.29 to $1.45. For the next year, analysts anticipate that the business will post earnings of $1.65 per share, with EPS estimates ranging from $1.35 to $1.85. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Donnelley Financial Solutions.
Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings data on Wednesday, February 27th. The company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.15 by ($0.21). Donnelley Financial Solutions had a return on equity of 36.79% and a net margin of 7.64%.
Several brokerages have weighed in on DFIN. Zacks Investment Research cut Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th. Bank of America cut Donnelley Financial Solutions from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $19.00 to $16.00 in a report on Thursday, January 17th. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $19.25.
Several hedge funds have recently made changes to their positions in the company. Texas Permanent School Fund increased its stake in shares of Donnelley Financial Solutions by 4.3% in the 4th quarter. Texas Permanent School Fund now owns 22,315 shares of the company’s stock valued at $313,000 after acquiring an additional 922 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Donnelley Financial Solutions by 5.1% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 46,993 shares of the company’s stock valued at $659,000 after acquiring an additional 2,279 shares during the last quarter. Principal Financial Group Inc. increased its stake in Donnelley Financial Solutions by 0.8% during the 4th quarter. Principal Financial Group Inc. now owns 276,844 shares of the company’s stock worth $3,884,000 after purchasing an additional 2,315 shares in the last quarter. Arizona State Retirement System increased its stake in Donnelley Financial Solutions by 6.4% during the 4th quarter. Arizona State Retirement System now owns 52,514 shares of the company’s stock worth $737,000 after purchasing an additional 3,144 shares in the last quarter. Finally, Quantamental Technologies LLC bought a new stake in Donnelley Financial Solutions during the 4th quarter worth approximately $58,000. 92.42% of the stock is owned by institutional investors.
NYSE:DFIN traded down $0.65 on Friday, hitting $14.40. 419,800 shares of the stock were exchanged, compared to its average volume of 185,673. The stock has a market capitalization of $513.51 million, a P/E ratio of 6.67, a P/E/G ratio of 1.95 and a beta of 1.65. Donnelley Financial Solutions has a 52 week low of $13.15 and a 52 week high of $21.44. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 1.60.
Donnelley Financial Solutions Company Profile
Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.
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