Zacks Research Predicts Weaker Earnings for Mastech Digital

Key Points

• Zacks Research sharply cut its FY2027 earnings forecast for Mastech Digital to $0.26 per share from $0.81, well below the current consensus estimate of $0.84.
• Analysts have lowered FY2027 expectations: Sidoti also reduced its forecast, to $0.66 per share from $0.81, highlighting weaker expected profitability.
• Mastech Digital shares opened at $6.37 and were reported up 2.2%; major shareholder Steven A. Shaw also purchased 5,000 shares at an average price of $7.47.

Mastech Digital, Inc. (NYSE:MHH - Free Report) - Equities research analysts at Zacks Research cut their FY2027 earnings estimates for Mastech Digital in a note issued to investors on Friday, October 30th. Zacks Research analyst L. Thompson now anticipates that the company will post earnings of $0.26 per share for the year, down from their prior forecast of $0.81. The consensus estimate for Mastech Digital's current full-year earnings is $0.84 per share.

Mastech Digital Stock Up 2.2%

NYSE MHH opened at $6.37 on Friday. Mastech Digital has a 52 week low of $5.50 and a 52 week high of $8.37. The stock has a market capitalization of $76.62 million, a PE ratio of 21.97, a price-to-earnings-growth ratio of 0.79 and a beta of 0.85. The firm has a 50 day moving average of $6.91 and a two-hundred day moving average of $6.93.

Insider Buying and Selling at Mastech Digital

In other news, major shareholder Steven A. Shaw acquired 5,000 shares of Mastech Digital stock in a transaction dated Friday, August 21st. The shares were acquired at an average cost of $7.47 per share, for a total transaction of $37,350.00. Following the acquisition, the insider owned 55,000 shares of the company's stock, valued at $410,850. This trade represents a 10.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have acquired 9,700 shares of company stock valued at $67,376. 42.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Mastech Digital

Several large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Mastech Digital during the 2nd quarter worth about $840,000. Janney Montgomery Scott LLC boosted its position in shares of Mastech Digital by 57.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 21,278 shares of the company's stock worth $121,000 after acquiring an additional 7,800 shares in the last quarter. Capital Management Corp VA boosted its position in shares of Mastech Digital by 3.2% during the 3rd quarter. Capital Management Corp VA now owns 1,040,085 shares of the company's stock worth $7,281,000 after acquiring an additional 31,855 shares in the last quarter. Blueprint Investment Partners LLC purchased a new position in shares of Mastech Digital in the 3rd quarter valued at about $350,000. Finally, Blueprint Financial Advisors LLC purchased a new position in shares of Mastech Digital in the 3rd quarter valued at about $350,000. Hedge funds and other institutional investors own 18.43% of the company's stock.

More Mastech Digital News

Here are the key news stories impacting Mastech Digital this week:

• Positive Sentiment: Sidoti increased its FY2026 EPS forecast to $0.11 from $0.08 and nudged its Q4 2026 estimate up to a loss of $0.03 per share from a loss of $0.04. Mastech Digital analyst estimates
• Neutral Sentiment: Analysts disagree on near-term earnings: Sidoti forecasts a Q4 2026 loss of $0.03 per share, while Zacks expects earnings of $0.05. Sidoti projects quarterly EPS rising from $0.11 in Q1 2027 to $0.21 in Q3 and Q4. Mastech Digital analyst estimates
• Negative Sentiment: Both Sidoti and Zacks cut their FY2027 EPS forecasts from $0.81: Sidoti now expects $0.66, while Zacks reduced its estimate sharply to $0.26. These downward revisions suggest weaker expected profitability and could weigh on investor sentiment. Mastech Digital analyst estimates

About Mastech Digital

Mastech Digital, Inc is a digital transformation and information technology services company headquartered in Pittsburgh, Pennsylvania. The company helps organizations use data, cloud technologies and modern software platforms to improve business operations and support digital initiatives.

Its services include data management and analytics, business intelligence, artificial intelligence and machine learning, cloud and application modernization, automation, and digital engineering. Through its Mastech Infotrellis business, the company has also provided consulting and implementation services focused on enterprise data management, data integration and analytics.

Mastech traces its history to 1986 and has served clients across industries including financial services, healthcare, manufacturing, retail and technology.

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