DST Systems (NYSE:DST) is scheduled to release its earnings data before the market opens on Wednesday, April 25th. Analysts expect DST Systems to post earnings of $0.84 per share for the quarter.
DST Systems (NYSE:DST) last released its quarterly earnings data on Monday, January 29th. The technology company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.27. The firm had revenue of $552.70 million during the quarter, compared to analyst estimates of $538.38 million. DST Systems had a return on equity of 16.90% and a net margin of 20.35%. The business’s quarterly revenue was up 47.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.83 earnings per share. On average, analysts expect DST Systems to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NYSE:DST opened at $83.99 on Tuesday. The company has a market cap of $4,981.74, a PE ratio of 25.00, a P/E/G ratio of 2.04 and a beta of 1.51. DST Systems has a fifty-two week low of $50.22 and a fifty-two week high of $84.48. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43.
In related news, insider Vercie L. Lark sold 45,400 shares of the firm’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $83.57, for a total value of $3,794,078.00. Following the completion of the sale, the insider now owns 77,702 shares of the company’s stock, valued at $6,493,556.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Vercie L. Lark sold 5,400 shares of the firm’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $83.64, for a total value of $451,656.00. Following the completion of the sale, the insider now directly owns 77,702 shares of the company’s stock, valued at approximately $6,498,995.28. The disclosure for this sale can be found here. Corporate insiders own 1.82% of the company’s stock.
A number of research firms have recently weighed in on DST. Evercore ISI reissued an “in-line” rating on shares of DST Systems in a research note on Friday, January 12th. Robert W. Baird lowered DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 price objective for the company. in a research note on Wednesday, January 17th. Zacks Investment Research lowered DST Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 2nd. Finally, DA Davidson lowered DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price objective for the company. in a research note on Friday, January 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $68.50.
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About DST Systems
DST Systems, Inc provides technology-based information processing and servicing solutions in the United States, the United Kingdom, Canada, Australia, and internationally. It operates through Domestic Financial Services, International Financial Services, and Healthcare Services segments. The Domestic Financial Services segment provides investor, investment, advisor/intermediary, and asset distribution services to companies in the financial services industry to support direct and intermediary sales of mutual funds, alternative investments, securities brokerage accounts, and retirement plans.
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