Wall Street brokerages expect DST Systems, Inc. (NYSE:DST) to post $526.85 million in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for DST Systems’ earnings. The highest sales estimate is $530.80 million and the lowest is $522.90 million. DST Systems posted sales of $373.70 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 41%. The firm is expected to report its next earnings results on Thursday, January 25th.

On average, analysts expect that DST Systems will report full year sales of $526.85 million for the current financial year, with estimates ranging from $1.97 billion to $2.06 billion. For the next financial year, analysts anticipate that the business will post sales of $2.18 billion per share, with estimates ranging from $2.17 billion to $2.19 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for DST Systems.

DST Systems (NYSE:DST) last released its quarterly earnings results on Friday, October 20th. The technology company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.03. DST Systems had a return on equity of 16.20% and a net margin of 21.26%. The business had revenue of $562.60 million during the quarter, compared to analysts’ expectations of $523.57 million. During the same period in the prior year, the business posted $0.77 EPS. The company’s revenue was up 45.5% compared to the same quarter last year.

A number of brokerages recently commented on DST. Robert W. Baird cut DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 target price for the company. in a report on Wednesday. Evercore ISI restated an “in-line” rating on shares of DST Systems in a report on Friday, January 12th. DA Davidson cut DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 target price for the company. in a report on Friday, January 12th. Zacks Investment Research cut DST Systems from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Finally, Morgan Stanley raised their target price on DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. DST Systems currently has an average rating of “Hold” and a consensus target price of $68.50.

Shares of DST Systems (NYSE:DST) traded down $0.01 during trading on Thursday, reaching $83.82. The company had a trading volume of 1,619,818 shares, compared to its average volume of 1,415,263. DST Systems has a 12 month low of $50.22 and a 12 month high of $84.48. The stock has a market cap of $4,968.10, a PE ratio of 12.37, a price-to-earnings-growth ratio of 2.34 and a beta of 1.36. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.42.

In related news, VP Jonathan J. Boehm sold 20,000 shares of the firm’s stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $64.50, for a total transaction of $1,290,000.00. Following the completion of the transaction, the vice president now directly owns 75,518 shares in the company, valued at approximately $4,870,911. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have purchased a total of 976 shares of company stock valued at $59,812 over the last 90 days. 1.82% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in DST. BlackRock Inc. boosted its stake in shares of DST Systems by 102.5% in the 2nd quarter. BlackRock Inc. now owns 5,347,693 shares of the technology company’s stock valued at $329,952,000 after buying an additional 2,707,284 shares during the period. Vanguard Group Inc. boosted its stake in shares of DST Systems by 97.3% in the 2nd quarter. Vanguard Group Inc. now owns 5,287,278 shares of the technology company’s stock valued at $326,225,000 after buying an additional 2,608,072 shares during the period. State Street Corp boosted its stake in shares of DST Systems by 93.6% in the 2nd quarter. State Street Corp now owns 1,765,321 shares of the technology company’s stock valued at $108,912,000 after buying an additional 853,405 shares during the period. FMR LLC boosted its stake in shares of DST Systems by 81.9% in the 2nd quarter. FMR LLC now owns 1,529,200 shares of the technology company’s stock valued at $94,352,000 after buying an additional 688,675 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of DST Systems by 91.4% in the 2nd quarter. Goldman Sachs Group Inc. now owns 1,326,817 shares of the technology company’s stock valued at $81,864,000 after buying an additional 633,726 shares during the period. Institutional investors and hedge funds own 85.71% of the company’s stock.

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About DST Systems

DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.

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