Donnelley Financial Solutions (NYSE:DFIN) Receives $61.50 Average Price Target from Analysts

Shares of Donnelley Financial Solutions (NYSE:DFIN) have been given a consensus rating of “Moderate Buy” by the five research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $61.50.

DFIN has been the subject of a number of recent analyst reports. Zacks Research downgraded Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 19th. DA Davidson set a $66.00 price target on Donnelley Financial Solutions in a research note on Thursday, January 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research note on Monday, December 29th. CJS Securities upgraded shares of Donnelley Financial Solutions to a “strong-buy” rating in a research note on Thursday, December 11th. Finally, Wall Street Zen downgraded shares of Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 17th.

Donnelley Financial Solutions Stock Down 1.1%

DFIN stock opened at $54.29 on Friday. Donnelley Financial Solutions has a 1-year low of $37.80 and a 1-year high of $69.93. The business’s 50 day simple moving average is $48.39 and its 200 day simple moving average is $52.28. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $1.44 billion, a PE ratio of 51.70 and a beta of 0.90.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings results on Wednesday, October 29th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.29. The firm had revenue of $175.30 million for the quarter, compared to analysts’ expectations of $169.70 million. Donnelley Financial Solutions had a net margin of 4.33% and a return on equity of 22.46%. The business’s revenue was down 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 EPS.

Institutional Investors Weigh In On Donnelley Financial Solutions

A number of large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Donnelley Financial Solutions by 13.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,683 shares of the company’s stock worth $729,000 after buying an additional 2,005 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Donnelley Financial Solutions by 1.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 101,954 shares of the company’s stock valued at $4,456,000 after acquiring an additional 1,674 shares during the last quarter. Jane Street Group LLC acquired a new position in Donnelley Financial Solutions during the first quarter worth about $2,698,000. Intech Investment Management LLC lifted its holdings in shares of Donnelley Financial Solutions by 34.4% in the first quarter. Intech Investment Management LLC now owns 26,290 shares of the company’s stock worth $1,149,000 after acquiring an additional 6,734 shares during the last quarter. Finally, Strs Ohio acquired a new stake in shares of Donnelley Financial Solutions in the 1st quarter valued at approximately $323,000. Institutional investors and hedge funds own 93.84% of the company’s stock.

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.