Donnelley Financial Solutions (NYSE:DFIN) Receives Average Recommendation of “Moderate Buy” from Brokerages

Donnelley Financial Solutions (NYSE:DFIN) has earned an average recommendation of “Moderate Buy” from the five research firms that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $61.00.

DFIN has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research note on Friday, June 12th. Zacks Research cut shares of Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 28th. Needham & Company LLC lifted their price target on shares of Donnelley Financial Solutions from $57.00 to $60.00 and gave the company a “buy” rating in a report on Friday, July 31st. Wall Street Zen downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 27th. Finally, DA Davidson dropped their price objective on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th.

Donnelley Financial Solutions Stock Down 0.2%

Shares of Donnelley Financial Solutions stock opened at $49.60 on Thursday. The business has a 50-day moving average price of $43.66 and a 200 day moving average price of $46.09. Donnelley Financial Solutions has a fifty-two week low of $36.11 and a fifty-two week high of $58.45. The firm has a market cap of $1.22 billion, a P/E ratio of 34.21 and a beta of 0.71. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.51.

Donnelley Financial Solutions (NYSE:DFIN) last released its earnings results on Thursday, July 30th. The company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. The company had revenue of $224.20 million for the quarter, compared to the consensus estimate of $221.40 million. Donnelley Financial Solutions had a return on equity of 25.82% and a net margin of 4.53%.Donnelley Financial Solutions’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.49 EPS. On average, sell-side analysts forecast that Donnelley Financial Solutions will post 4.46 earnings per share for the current fiscal year.

Institutional Trading of Donnelley Financial Solutions

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. lifted its holdings in shares of Donnelley Financial Solutions by 109.4% in the 1st quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $30,000 after purchasing an additional 336 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Donnelley Financial Solutions during the 4th quarter worth $70,000. Wealth Enhancement Advisory Services LLC grew its stake in Donnelley Financial Solutions by 117.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,106 shares of the company’s stock worth $98,000 after buying an additional 1,138 shares during the last quarter. Vestcor Inc bought a new position in Donnelley Financial Solutions during the 3rd quarter worth $160,000. Finally, LSV Asset Management increased its position in Donnelley Financial Solutions by 117.6% in the fourth quarter. LSV Asset Management now owns 3,700 shares of the company’s stock worth $173,000 after buying an additional 2,000 shares during the period. 93.84% of the stock is currently owned by institutional investors and hedge funds.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions (NYSE:DFIN) offers risk and compliance software and managed services designed to help corporations, financial institutions and legal firms meet regulatory and reporting requirements worldwide. Headquartered in Chicago, the company delivers a cloud-based platform for regulatory filings, content automation, virtual data rooms and board communications. Its solutions are tailored to support public companies with SEC, FCA and other global filing obligations, as well as banks, asset managers and credit unions seeking to streamline compliance workflows.

Among DFIN’s flagship products is ActiveDisclosure, a SaaS application that automates the creation, review and filing of disclosure documents.