Mastech Digital, Inc. (NYSE:MHH) Expected to Announce Quarterly Sales of $60.26 Million

Wall Street analysts expect Mastech Digital, Inc. (NYSE:MHHGet Rating) to report sales of $60.26 million for the current quarter, Zacks reports. Two analysts have made estimates for Mastech Digital’s earnings. The lowest sales estimate is $60.02 million and the highest is $60.50 million. Mastech Digital posted sales of $49.78 million in the same quarter last year, which would indicate a positive year over year growth rate of 21.1%. The firm is expected to issue its next quarterly earnings results on Monday, January 1st.

According to Zacks, analysts expect that Mastech Digital will report full-year sales of $248.92 million for the current fiscal year, with estimates ranging from $247.22 million to $250.61 million. For the next year, analysts expect that the business will report sales of $272.60 million, with estimates ranging from $270.32 million to $274.87 million. Zacks’ sales averages are an average based on a survey of sell-side research analysts that cover Mastech Digital.

Separately, StockNews.com started coverage on shares of Mastech Digital in a research report on Monday. They issued a “buy” rating for the company.

NYSE MHH opened at $20.79 on Friday. The stock has a 50 day moving average of $18.79. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $239.65 million, a price-to-earnings ratio of 20.58, a price-to-earnings-growth ratio of 0.69 and a beta of 0.53. Mastech Digital has a 52-week low of $14.00 and a 52-week high of $21.83.

About Mastech Digital (Get Rating)

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.

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