StockNews.com initiated coverage on shares of Mastech Digital (NYSE:MHH – Free Report) in a research report sent to investors on Saturday. The brokerage issued a buy rating on the stock.
Mastech Digital Price Performance
Shares of NYSE MHH opened at $9.63 on Friday. The firm has a market cap of $112.04 million, a P/E ratio of -14.82, a P/E/G ratio of 1.78 and a beta of 0.47. The business’s 50 day moving average price is $9.36. Mastech Digital has a 1 year low of $7.15 and a 1 year high of $11.00.
Mastech Digital (NYSE:MHH – Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.11. Mastech Digital had a positive return on equity of 3.00% and a negative net margin of 3.92%. The company had revenue of $49.53 million during the quarter, compared to analysts’ expectations of $48.10 million. As a group, equities research analysts forecast that Mastech Digital will post 0.23 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Mastech Digital
About Mastech Digital
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.
See Also
- Five stocks we like better than Mastech Digital
- What Are Trending Stocks? Trending Stocks Explained
- The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win?
- Election Stocks: How Elections Affect the Stock Market
- Are These Chinese Stocks a Buy? Michael Burry’s Top Picks Say Yes
- Why Invest in High-Yield Dividend Stocks?
- Five Below Stock Faces Challenges Despite Strong Revenue Growth
Receive News & Ratings for Mastech Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastech Digital and related companies with MarketBeat.com's FREE daily email newsletter.