Donnelley Financial Solutions (NYSE:DFIN) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Thursday. The brokerage presently has a $20.00 price objective on the stock. Zacks Investment Research‘s target price would suggest a potential upside of 16.48% from the stock’s current price.
According to Zacks, “Donnelley Financial Solutions, Inc. provides software and services. It offers content creation, management and distribution, as well as data analytics and multi-lingual localization services. Donnelley Financial Solutions, Inc. is based in Chicago, United States. “
DFIN has been the subject of a number of other research reports. JPMorgan Chase & Co. lowered Donnelley Financial Solutions from a “neutral” rating to an “underweight” rating in a report on Tuesday, September 25th. Bank of America lowered Donnelley Financial Solutions from a “buy” rating to a “neutral” rating and set a $28.00 price target for the company. in a report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $22.80.
Shares of NYSE DFIN opened at $17.17 on Thursday. The company has a quick ratio of 1.74, a current ratio of 1.50 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $594.32 million, a P/E ratio of 17.89, a PEG ratio of 2.45 and a beta of 2.04. Donnelley Financial Solutions has a 52-week low of $14.48 and a 52-week high of $22.17.
Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings results on Wednesday, November 7th. The company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $1.31. The firm had revenue of $216.90 million during the quarter, compared to analyst estimates of $218.00 million. Donnelley Financial Solutions had a return on equity of 40.53% and a net margin of 5.15%. Analysts anticipate that Donnelley Financial Solutions will post 0.89 EPS for the current year.
A number of large investors have recently modified their holdings of DFIN. Piedmont Investment Advisors LLC bought a new position in Donnelley Financial Solutions in the second quarter worth approximately $137,000. Glen Harbor Capital Management LLC raised its stake in Donnelley Financial Solutions by 45.5% in the second quarter. Glen Harbor Capital Management LLC now owns 9,452 shares of the company’s stock worth $164,000 after buying an additional 2,958 shares in the last quarter. Zebra Capital Management LLC bought a new position in Donnelley Financial Solutions in the second quarter worth approximately $174,000. Paloma Partners Management Co bought a new position in Donnelley Financial Solutions in the second quarter worth approximately $181,000. Finally, Stone Ridge Asset Management LLC bought a new position in Donnelley Financial Solutions in the third quarter worth approximately $184,000. 86.16% of the stock is owned by institutional investors.
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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