Shares of Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) have been given an average recommendation of "Moderate Buy" by the five research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation 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.
A number of brokerages have recently issued reports on DFIN. Zacks Research downgraded shares of Donnelley Financial Solutions from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 28th. Wall Street Zen downgraded Donnelley Financial Solutions from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 27th. Needham & Company LLC upped their price target on Donnelley Financial Solutions from $57.00 to $60.00 and gave the company a "buy" rating in a research note on Friday, July 31st. DA Davidson lowered their price target on Donnelley Financial Solutions from $66.00 to $62.00 and set a "buy" rating for the company in a report on Wednesday, May 6th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Donnelley Financial Solutions in a research report on Friday, June 12th.
Read Our Latest Report on Donnelley Financial Solutions
Donnelley Financial Solutions Stock Down 0.1%
Shares of NYSE DFIN opened at $48.25 on Monday. Donnelley Financial Solutions has a 12-month low of $36.11 and a 12-month high of $57.37. The stock has a market cap of $1.19 billion, a PE ratio of 33.28 and a beta of 0.71. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.51. The company has a 50-day moving average of $46.80 and a 200 day moving average of $45.65.
Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $0.13. The company had revenue of $224.20 million during the quarter, compared to the consensus estimate of $221.40 million. Donnelley Financial Solutions had a net margin of 4.53% and a return on equity of 25.82%. Donnelley Financial Solutions's quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 EPS. As a group, sell-side analysts predict that Donnelley Financial Solutions will post 4.41 EPS for the current fiscal year.
Institutional Investors Weigh In On Donnelley Financial Solutions
Institutional investors have recently made changes to their positions in the stock. First Citizens Bank & Trust Co. grew its stake in shares of Donnelley Financial Solutions by 2.8% in the fourth quarter. First Citizens Bank & Trust Co. now owns 8,120 shares of the company's stock valued at $379,000 after buying an additional 220 shares in the last quarter. Gotham Asset Management LLC lifted its stake in Donnelley Financial Solutions by 1.3% during the 3rd quarter. Gotham Asset Management LLC now owns 18,256 shares of the company's stock worth $939,000 after acquiring an additional 230 shares in the last quarter. Lido Advisors LLC boosted its holdings in Donnelley Financial Solutions by 5.0% during the 4th quarter. Lido Advisors LLC now owns 4,857 shares of the company's stock valued at $244,000 after acquiring an additional 231 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Donnelley Financial Solutions by 3.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,825 shares of the company's stock valued at $365,000 after acquiring an additional 232 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in Donnelley Financial Solutions by 4.2% in the 2nd quarter. Osaic Holdings Inc. now owns 6,296 shares of the company's stock valued at $367,000 after acquiring an additional 252 shares in the last quarter. 93.84% of the stock is currently owned by institutional investors and hedge funds.
Donnelley Financial Solutions Company Profile
(
Get Free Report)
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.
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