Zacks: Analysts Anticipate Mastech Digital, Inc. (NYSE:MHH) Will Post Earnings of $0.34 Per Share

Brokerages predict that Mastech Digital, Inc. (NYSE:MHHGet Rating) will report earnings per share (EPS) of $0.34 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Mastech Digital’s earnings. The lowest EPS estimate is $0.33 and the highest is $0.35. Mastech Digital posted earnings of $0.29 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 17.2%. The company is expected to issue its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Mastech Digital will report full-year earnings of $1.40 per share for the current year, with EPS estimates ranging from $1.37 to $1.42. For the next year, analysts anticipate that the business will report earnings of $1.89 per share, with EPS estimates ranging from $1.84 to $1.93. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Mastech Digital.

Mastech Digital (NYSE:MHHGet Rating) last announced its earnings results on Wednesday, February 9th. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.02). The business had revenue of $59.05 million for the quarter, compared to analysts’ expectations of $59.91 million. Mastech Digital had a return on equity of 19.26% and a net margin of 5.76%.

Separately, started coverage on shares of Mastech Digital in a research note on Thursday. They set a “buy” rating on the stock.

Shares of Mastech Digital stock opened at $18.59 on Wednesday. The firm has a 50 day moving average of $19.06. The stock has a market cap of $214.29 million, a price-to-earnings ratio of 16.90, a P/E/G ratio of 0.75 and a beta of 0.52. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. Mastech Digital has a 52 week low of $14.00 and a 52 week high of $21.83.

Mastech Digital Company Profile (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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