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

Shares of Donnelley Financial Solutions Inc (NYSE:DFIN) have earned a consensus rating of “Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $12.25.

A number of analysts have weighed in on the company. Zacks Investment Research upgraded Donnelley Financial Solutions from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a report on Wednesday, March 4th. DA Davidson lowered their price objective on Donnelley Financial Solutions from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. BTIG Research started coverage on Donnelley Financial Solutions in a research report on Tuesday, May 26th. They set a “buy” rating and a $11.00 target price on the stock. Finally, ValuEngine downgraded Donnelley Financial Solutions from a “sell” rating to a “strong sell” rating in a report on Thursday, April 2nd.

Institutional investors have recently bought and sold shares of the business. Public Employees Retirement Association of Colorado increased its position in shares of Donnelley Financial Solutions by 165.6% in the first quarter. Public Employees Retirement Association of Colorado now owns 12,164 shares of the company’s stock valued at $64,000 after buying an additional 7,584 shares in the last quarter. Marshall Wace North America L.P. purchased a new stake in Donnelley Financial Solutions during the 4th quarter valued at about $137,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Donnelley Financial Solutions by 48.4% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,704 shares of the company’s stock worth $83,000 after buying an additional 5,122 shares in the last quarter. Guggenheim Capital LLC purchased a new position in Donnelley Financial Solutions during the fourth quarter worth about $167,000. Finally, Crossmark Global Holdings Inc. acquired a new position in Donnelley Financial Solutions in the fourth quarter valued at approximately $219,000. Institutional investors and hedge funds own 93.64% of the company’s stock.

Shares of Donnelley Financial Solutions stock traded down $0.18 during trading hours on Friday, reaching $7.83. The company’s stock had a trading volume of 549,398 shares, compared to its average volume of 417,322. The firm has a 50 day moving average price of $8.04 and a 200-day moving average price of $8.23. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.38 and a quick ratio of 1.30. Donnelley Financial Solutions has a one year low of $4.04 and a one year high of $14.58. The stock has a market cap of $270.20 million, a P/E ratio of 6.21 and a beta of 2.15.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.06 by $0.15. Donnelley Financial Solutions had a return on equity of 16.41% and a net margin of 4.98%. The company had revenue of $220.70 million for the quarter, compared to the consensus estimate of $226.23 million. As a group, sell-side analysts forecast that Donnelley Financial Solutions will post 1.43 EPS for the current fiscal year.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.

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