Donnelley Financial Solutions (NYSE:DFIN) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Donnelley Financial Solutions (NYSE:DFIN) have been assigned an average rating of “Moderate Buy” from the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $61.00.

Several brokerages have weighed in on DFIN. Wall Street Zen downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 27th. Needham & Company LLC boosted their price objective on Donnelley Financial Solutions from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Weiss Ratings restated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research note on Friday, June 12th. Zacks Research cut shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, DA Davidson decreased their price target on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th.

Donnelley Financial Solutions Stock Performance

Shares of DFIN stock opened at $48.25 on Monday. The firm has a 50 day moving average of $46.80 and a two-hundred day moving average of $45.65. The stock has a market capitalization of $1.19 billion, a PE ratio of 33.28 and a beta of 0.71. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.51. Donnelley Financial Solutions has a 52 week low of $36.11 and a 52 week high of $57.37.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $224.20 million for the quarter, compared to analyst estimates of $221.40 million. Donnelley Financial Solutions had a return on equity of 25.82% and a net margin of 4.53%.The company’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.49 earnings per share. On average, research analysts predict that Donnelley Financial Solutions will post 4.41 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Keating Financial Advisory Services Inc. acquired a new position in shares of Donnelley Financial Solutions in the 2nd quarter valued at $29,000. Blue Trust Inc. lifted its holdings in shares of Donnelley Financial Solutions by 109.4% in the 1st quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $30,000 after purchasing an additional 336 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Donnelley Financial Solutions in the 2nd quarter valued at about $34,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Donnelley Financial Solutions in the 4th quarter valued at about $70,000. Finally, Vestcor Inc purchased a new position in Donnelley Financial Solutions during the 3rd quarter worth approximately $160,000. 93.84% of the stock is owned by institutional investors and hedge funds.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.