Analysts predict that Donnelley Financial Solutions Inc (NYSE:DFIN) will post $0.20 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have made estimates for Donnelley Financial Solutions’ earnings, with the lowest EPS estimate coming in at $0.18 and the highest estimate coming in at $0.23. Donnelley Financial Solutions also posted earnings per share of $0.20 in the same quarter last year. The company is scheduled to issue its next quarterly earnings results on Thursday, November 1st.

According to Zacks, analysts expect that Donnelley Financial Solutions will report full-year earnings of $1.71 per share for the current financial year, with EPS estimates ranging from $1.65 to $1.75. For the next fiscal year, analysts forecast that the business will report earnings of $1.75 per share, with EPS estimates ranging from $1.63 to $1.87. Zacks’ EPS averages are an average based on a survey of sell-side analysts that cover Donnelley Financial Solutions.

Donnelley Financial Solutions (NYSE:DFIN) last posted its earnings results on Thursday, August 2nd. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.10). The company had revenue of $290.60 million during the quarter, compared to the consensus estimate of $297.13 million. Donnelley Financial Solutions had a return on equity of 18.40% and a net margin of 0.83%.

A number of research firms have recently commented on DFIN. Wells Fargo & Co dropped their target price on shares of Donnelley Financial Solutions from $22.00 to $19.00 and set a “market perform” rating for the company in a report on Monday, June 25th. Zacks Investment Research upgraded shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, July 3rd. DA Davidson began coverage on shares of Donnelley Financial Solutions in a report on Thursday, June 7th. They issued a “buy” rating and a $25.00 price objective for the company. Finally, Bank of America lowered shares of Donnelley Financial Solutions from a “buy” rating to a “neutral” rating and set a $28.00 price objective for the company. in a report on Friday, August 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. Donnelley Financial Solutions presently has an average rating of “Hold” and an average target price of $23.50.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Putnam Investments LLC bought a new position in Donnelley Financial Solutions in the 2nd quarter valued at approximately $2,263,000. Millennium Management LLC raised its holdings in Donnelley Financial Solutions by 1,128.8% in the 2nd quarter. Millennium Management LLC now owns 757,495 shares of the company’s stock valued at $13,158,000 after buying an additional 695,849 shares during the last quarter. Zebra Capital Management LLC bought a new position in Donnelley Financial Solutions during the 2nd quarter worth approximately $174,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp raised its holdings in Donnelley Financial Solutions by 4.1% during the 2nd quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 697,671 shares of the company’s stock worth $12,119,000 after purchasing an additional 27,671 shares during the last quarter. Finally, Paloma Partners Management Co bought a new position in Donnelley Financial Solutions during the 2nd quarter worth approximately $181,000. Institutional investors and hedge funds own 86.19% of the company’s stock.

Shares of DFIN stock traded down $0.14 on Friday, reaching $20.96. The company had a trading volume of 450 shares, compared to its average volume of 154,190. The stock has a market capitalization of $721.82 million, a P/E ratio of 21.83, a price-to-earnings-growth ratio of 2.97 and a beta of 2.32. The company has a current ratio of 1.83, a quick ratio of 1.74 and a debt-to-equity ratio of 2.69. Donnelley Financial Solutions has a one year low of $15.22 and a one year high of $22.50.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc provides financial communications, and data and analytics services for the investment and capital markets worldwide. It offers communication tools and services to allow its clients to comply with ongoing regulatory filings; and communications services to create, manage, and deliver registration statements, prospectuses, proxies, and other communications to regulators and investors.

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