NYSEAMERICAN:MHH

Mastech Digital (MHH) Stock Forecast, Price & News

$9.31

-0.19 (-2.00%)

(As of 09/22/2023 ET)

Compare

Today's Range: $9.24
▼
$9.50
50-Day Range: $8.93
▼
$14.35
52-Week Range: $8.50
▼
$15.96

Volume: 7,805 shs
Average Volume: 9,375 shs
Market Capitalization: $108.00 million

P/E Ratio: 58.19
Dividend Yield: N/A
Price Target: N/A

Mastech Digital MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.68% of Float Sold Short
Dividend Strength: N/A
Sustainability: -4.07
Upright™ Environmental Score
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 170.97%
From $0.31 to $0.84 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Mastech Digital.

5.0

Short Interest

Percentage of Shares Shorted
0.68% of the float of Mastech Digital has been sold short.
Short Interest Ratio / Days to Cover
Mastech Digital has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Mastech Digital has recently decreased by 18.18%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Mastech Digital does not currently pay a dividend.
Dividend Growth
Mastech Digital does not have a long track record of dividend growth.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Mastech Digital has received a 2.41% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Construction of geothermal energy wells", "Construction of wastewater treatment plants", "Construction of wind power plants", "Construction of oil power plants", and "Construction of solar power plants" products. See details.
Environmental Sustainability
The Environmental Impact score for Mastech Digital is -4.07.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Mastech Digital this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Mastech Digital to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mastech Digital insiders have not sold or bought any company stock.
Percentage Held by Insiders
47.60% of the stock of Mastech Digital is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 16.61% of the stock of Mastech Digital is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Mastech Digital are expected to grow by 170.97% in the coming year, from $0.31 to $0.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mastech Digital is 58.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mastech Digital is 58.19, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 232.95.
Price to Earnings Growth Ratio
Mastech Digital has a PEG Ratio of 1.56. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Mastech Digital has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Mastech Digital (NYSEAMERICAN:MHH) Stock

Mastech Digital, Inc., together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. It operates through two segments, Data and Analytics Services, and IT Staffing Services. The company offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources. It also provides a range of IT staffing services in the areas of data management and analytics, cloud, mobility, social, automation, business intelligence/data warehousing, web services, enterprise resource planning and customer resource management, and e-business solutions. In addition, the company offers digital transformation services, including digital learning services; and cloud-based enterprise application across sales, marketing, and customer service organizations. It provides its services across various industry verticals, such as financial services, government, healthcare, manufacturing, retail, technology, telecommunications, and transportation. The company was formerly known as Mastech Holdings, Inc. and changed its name to Mastech Digital, Inc. in September 2016. Mastech Digital, Inc. was founded in 1986 and is headquartered in Pittsburgh, Pennsylvania.

MHH Price History

30 days | 90 days | 365 days | Advanced Chart

MHH Stock News Headlines

September 22, 2023 | americanbankingnews.com

Mastech Digital (NYSEAMERICAN:MHH) Earns Buy Rating from Analysts at StockNews.com

September 18, 2023 | americanbankingnews.com

Mastech Digital (NYSEAMERICAN:MHH) Now Covered by StockNews.com

September 23, 2023 | Chaikin Analytics (Ad)

Wall Street Insider Makes Prediction about Hot A.I. Stock

50-year Wall Street Veteran Marc Chaikin just detailed why he's avoiding NVDA and buying this overlooked A.I. stock instead. Learn more here.

August 3, 2023 | msn.com

Mastech Digital's Q2 2023 Report: EPS Misses, But Hope Persists

August 3, 2023 | finance.yahoo.com

MHH: Mastech Digital Reports Q2 and Improved Bookings for D&A

August 2, 2023 | finanznachrichten.de

Mastech Digital, Inc.: Mastech Digital Reports a 16% Year-over-Year Revenue Decline in the Second Quarter of 2023

August 2, 2023 | finance.yahoo.com

Mastech Digital Reports a 16% Year-over-Year Revenue Decline in the Second Quarter of 2023

July 27, 2023 | finance.yahoo.com

Mastech Digital, Inc. to Discuss Second Quarter 2023 Financial Results on August 2, 2023

September 23, 2023 | Chaikin Analytics (Ad)

Wall Street Insider Makes Prediction about Hot A.I. Stock

50-year Wall Street Veteran Marc Chaikin just detailed why he's avoiding NVDA and buying this overlooked A.I. stock instead. Learn more here.

July 19, 2023 | finance.yahoo.com

Should You Exit Mastech Digital (MHH)?

May 31, 2023 | finance.yahoo.com

Mastech Digital announces Expansion into Engineering Staffing Services

May 4, 2023 | finance.yahoo.com

Q1 2023 Mastech Digital Inc Earnings Call

May 3, 2023 | finance.yahoo.com

MHH: Mastech Digital Reports Q1 and Sees Slightly Improving Pipeline

May 3, 2023 | msn.com

Recap: Mastech Digital Q1 Earnings

May 3, 2023 | finance.yahoo.com

Mastech Digital Reports an 8% Year-over-Year Revenue Decline in a Challenging First Quarter of 2023

April 24, 2023 | finance.yahoo.com

Mastech Digital, Inc. to Discuss First Quarter 2023 Financial Results on May 3, 2023

February 22, 2023 | finance.yahoo.com

Vivek Gupta Named to the list of 100 Most Influential Leaders in the North American Staffing Industry

February 9, 2023 | finance.yahoo.com

Mastech Digital, Inc. (AMEX:MHH) Q4 2022 Earnings Call Transcript

February 8, 2023 | finance.yahoo.com

MHH: Mastech Digital Reports 2022 Revenue Growth of 9% as Customers Grow Cautious

February 8, 2023 | finanznachrichten.de

Mastech Digital, Inc.: Mastech Digital Reports 9% Revenue Growth in 2022, Despite a 3% Decline in Fourth Quarter

February 8, 2023 | msn.com

Mastech Digital Non-GAAP EPS of $0.23, revenue of $57.2M

February 8, 2023 | finance.yahoo.com

Mastech Digital Reports 9% Revenue Growth in 2022, Despite a 3% Decline in Fourth Quarter

January 27, 2023 | finance.yahoo.com

Mastech Digital, Inc. to Discuss Fourth Quarter and Full Year 2022 Financial Results on February 8, 2023

January 20, 2023 | reuters.com

MHH.P - | Stock Price & Latest News | Reuters

January 17, 2023 | reuters.com

MHH.DF - | Stock Price & Latest News | Reuters

January 17, 2023 | finance.yahoo.com

Will Mastech Digital (MHH) Revive Back?

November 21, 2022 | finance.yahoo.com

New CEO hired at Mastech InfoTrellis

See More Headlines

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MHH Company Calendar

Last Earnings: 8/02/2023
Today: 9/23/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Industry: Management consulting services
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSEAMERICAN:MHH
Previous Symbol: NYSE:MHH
CUSIP: N/A
CIK: 1437226
Web: www.mastechdigital.com
Phone: (412) 787-2100
Fax: 412-494-9272
Employees: 1,071
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.16
Trailing P/E Ratio: 58.19
Forward P/E Ratio: 30.03
P/E Growth: 1.56
Net Income: $8.71 million
Net Margins: 0.89%
Pretax Margin: 1.46%
Return on Equity: 8.71%
Return on Assets: 6.73%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.48
Quick Ratio: 2.48

Sales & Book Value

Annual Sales: $242.24 million
Price / Sales: 0.45
Cash Flow: $1.38 per share
Price / Cash Flow: 6.77
Book Value: $7.40 per share
Price / Book: 1.26

Miscellaneous

Outstanding Shares: 11,600,000
Free Float: 6,076,000
Market Cap: $108.00 million
Optionable: Not Optionable
Beta: 0.65

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Key Executives

Mr. Sunil Wadhwani (Age 70)
Co-Founder & Co-Chairman

Mr. Ashok Kumar Trivedi (Age 68)
Co-Founder & Co-Chairman

Mr. Vivek Gupta (Age 60)
Pres, CEO, CEO of Data and Analytics Services Bus. Segment & Director
Comp: $667.15k

Mr. John J. Cronin Jr. (Age 70)
CFO & Corp. Sec.

Mr. Michael Fleishman
Chief Exec. Officer of Mastech InfoTrellis

Ms. Jennifer Ford Lacey
Head of Legal & Admin

Ms. Donna Kijowski
Mang. of Investor Relations

Mr. Vishwanath Shetty
Head of HR & Sr. VP

Ms. Shipra Sharma
Sr. VP of Delivery & Head of Partner Bus. Unit

Mr. Michael Bryan
Head of Enterprise Bus. - IT Staffing

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MHH Stock - Frequently Asked Questions

How have MHH shares performed in 2023?: Mastech Digital's stock was trading at $11.80 at the start of the year. Since then, MHH stock has decreased by 21.1% and is now trading at $9.31.
View the best growth stocks for 2023 here.
Are investors shorting Mastech Digital?: Mastech Digital saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 22,500 shares, a decrease of 18.2% from the August 15th total of 27,500 shares. Based on an average trading volume of 11,100 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.7% of the company's stock are short sold.
View Mastech Digital's Short Interest.
How were Mastech Digital's earnings last quarter?: Mastech Digital, Inc. (NYSEAMERICAN:MHH) announced its earnings results on Wednesday, August, 2nd. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.12 by $0.07. The firm earned $52.20 million during the quarter, compared to analysts' expectations of $54.94 million. Mastech Digital had a trailing twelve-month return on equity of 8.71% and a net margin of 0.89%.
When did Mastech Digital's stock split?: Mastech Digital shares split before market open on Monday, August 27th 2018. The 2-1 split was announced on Monday, August 13th 2018. The newly issued shares were payable to shareholders after the market closes on Friday, August 24th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.
What other stocks do shareholders of Mastech Digital own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mastech Digital investors own include Energy Transfer (ET), AbbVie (ABBV), Exxon Mobil (XOM), Enbridge (ENB), Enphase Energy (ENPH), Enterprise Products Partners (EPD), Genocea Biosciences (GNCA), Senseonics (SENS), Abeona Therapeutics (ABEO) and Agile Therapeutics (AGRX).
What is Mastech Digital's stock symbol?: Mastech Digital trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "MHH."

Who are Mastech Digital's major shareholders?: Mastech Digital's stock is owned by many different retail and institutional investors. Top institutional shareholders include Capital Management Corp VA (6.62%), Renaissance Technologies LLC (1.13%), Envestnet Asset Management Inc. (0.93%), Osaic Holdings Inc. (0.71%), Osaic Holdings Inc. (0.71%) and Citadel Advisors LLC (0.30%).
View institutional ownership trends.
How do I buy shares of Mastech Digital?: Shares of MHH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Mastech Digital's stock price today?: One share of MHH stock can currently be purchased for approximately $9.31.
How much money does Mastech Digital make?: Mastech Digital (NYSEAMERICAN:MHH) has a market capitalization of $108.00 million and generates $242.24 million in revenue each year. The company earns $8.71 million in net income (profit) each year or $0.16 on an earnings per share basis.
How many employees does Mastech Digital have?: The company employs 1,071 workers across the globe.
How can I contact Mastech Digital?: Mastech Digital's mailing address is Building 210 1305 Cherrington Pkwy Ste 400, MOON TOWNSHIP, PA 15108-4355, United States. The official website for the company is www.mastechdigital.com. The company can be reached via phone at (412) 787-2100, via email at donna.mascia@mastech.com, or via fax at 412-494-9272.

This page (NYSEAMERICAN:MHH) was last updated on 9/23/2023 by MarketBeat.com Staff

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