Donnelley Financial Solutions (DFIN) Scheduled to Post Earnings on Wednesday

Donnelley Financial Solutions (NYSE:DFIN) will be issuing its quarterly earnings data before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.82 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings results on Tuesday, February 20th. The company reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.01). Donnelley Financial Solutions had a return on equity of 22.89% and a net margin of 10.31%. The business had revenue of $176.50 million for the quarter, compared to analyst estimates of $169.35 million. During the same quarter in the prior year, the firm earned $0.36 EPS. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. On average, analysts expect Donnelley Financial Solutions to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Donnelley Financial Solutions Trading Up 1.0 %

Shares of DFIN stock opened at $63.65 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a fifty day moving average of $62.54 and a 200-day moving average of $60.38. Donnelley Financial Solutions has a 52-week low of $40.73 and a 52-week high of $66.21. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 23.49 and a beta of 1.50.

Analyst Upgrades and Downgrades

Several research firms recently commented on DFIN. Needham & Company LLC raised their target price on Donnelley Financial Solutions from $65.00 to $72.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. DA Davidson raised Donnelley Financial Solutions from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $60.00 to $72.00 in a report on Friday, April 12th. Finally, B. Riley upped their target price on shares of Donnelley Financial Solutions from $66.00 to $72.00 and gave the stock a “buy” rating in a report on Thursday, April 25th.

Insiders Place Their Bets

In other Donnelley Financial Solutions news, insider Craig Clay sold 5,698 shares of the stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $66.02, for a total transaction of $376,181.96. Following the sale, the insider now owns 148,748 shares of the company’s stock, valued at approximately $9,820,342.96. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, insider Craig Clay sold 5,698 shares of the business’s stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $66.02, for a total transaction of $376,181.96. Following the completion of the sale, the insider now directly owns 148,748 shares of the company’s stock, valued at $9,820,342.96. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Daniel Leib sold 33,122 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $64.37, for a total transaction of $2,132,063.14. Following the completion of the transaction, the chief executive officer now owns 524,352 shares in the company, valued at $33,752,538.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 41,867 shares of company stock valued at $2,702,766. 11.90% of the stock is currently owned by corporate insiders.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).