Wall Street brokerages predict that Donnelley Financial Solutions Inc (NYSE:DFIN) will report $218.03 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Donnelley Financial Solutions’ earnings, with the highest sales estimate coming in at $221.90 million and the lowest estimate coming in at $213.30 million. Donnelley Financial Solutions reported sales of $222.60 million during the same quarter last year, which indicates a negative year-over-year growth rate of 2.1%. The company is scheduled to report its next earnings results before the market opens on Wednesday, November 7th.

On average, analysts expect that Donnelley Financial Solutions will report full-year sales of $975.53 million for the current fiscal year, with estimates ranging from $971.40 million to $980.00 million. For the next financial year, analysts expect that the company will report sales of $953.38 million, with estimates ranging from $945.90 million to $959.24 million. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Donnelley Financial Solutions.

Donnelley Financial Solutions (NYSE:DFIN) last announced 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 business had revenue of $290.60 million during the quarter, compared to analyst estimates of $297.13 million. Donnelley Financial Solutions had a net margin of 0.83% and a return on equity of 18.40%.

A number of equities analysts have recently commented on DFIN shares. Zacks Investment Research raised shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, July 3rd. Wells Fargo & Co lowered their price objective on shares of Donnelley Financial Solutions from $22.00 to $19.00 and set a “market perform” rating on the stock in a research report on Monday, June 25th. JPMorgan Chase & Co. lowered shares of Donnelley Financial Solutions from a “neutral” rating to an “underweight” rating in a research report on Tuesday, September 25th. 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 on the stock. in a research report on Friday, August 3rd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $23.50.

A number of large investors have recently bought and sold shares of the stock. Glen Harbor Capital Management LLC grew its position in Donnelley Financial Solutions by 45.5% in the 2nd quarter. Glen Harbor Capital Management LLC now owns 9,452 shares of the company’s stock valued at $164,000 after buying an additional 2,958 shares during the last quarter. Legal & General Group Plc grew its position in Donnelley Financial Solutions by 4.7% in the 2nd quarter. Legal & General Group Plc now owns 75,515 shares of the company’s stock valued at $1,316,000 after buying an additional 3,392 shares during the last quarter. Rhumbline Advisers grew its position in Donnelley Financial Solutions by 4.9% in the 2nd quarter. Rhumbline Advisers now owns 82,009 shares of the company’s stock valued at $1,424,000 after buying an additional 3,854 shares during the last quarter. Barclays PLC grew its position in Donnelley Financial Solutions by 60.3% in the 1st quarter. Barclays PLC now owns 13,778 shares of the company’s stock valued at $235,000 after buying an additional 5,185 shares during the last quarter. Finally, BlueMountain Capital Management LLC grew its position in Donnelley Financial Solutions by 33.5% in the 2nd quarter. BlueMountain Capital Management LLC now owns 23,086 shares of the company’s stock valued at $401,000 after buying an additional 5,790 shares during the last quarter. Hedge funds and other institutional investors own 86.17% of the company’s stock.

Shares of Donnelley Financial Solutions stock opened at $15.94 on Friday. The firm has a market capitalization of $609.28 million, a PE ratio of 16.42, a price-to-earnings-growth ratio of 2.51 and a beta of 2.43. Donnelley Financial Solutions has a 12 month low of $15.22 and a 12 month high of $22.17. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.74 and a current ratio of 1.83.

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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