Donnelley Financial Solutions (NYSE:DFIN) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Donnelley Financial Solutions (NYSE:DFIN) has earned an average rating of “Moderate Buy” from the five research firms that are presently covering the company, MarketBeat reports. Two investment 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 twelve-month price target among brokers that have updated their coverage on the stock in the last year is $61.00.

DFIN has been the topic of a number of research reports. Needham & Company LLC boosted their target price on shares of Donnelley Financial Solutions from $57.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Zacks Research cut Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 28th. DA Davidson cut their price objective on Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Wall Street Zen lowered Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 27th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th.

Donnelley Financial Solutions Trading Up 0.9%

DFIN opened at $47.57 on Thursday. The company’s 50 day moving average is $44.43 and its 200-day moving average is $45.84. Donnelley Financial Solutions has a 1-year low of $36.11 and a 1-year high of $58.45. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.51. The company has a market cap of $1.17 billion, a P/E ratio of 32.81 and a beta of 0.71.

Donnelley Financial Solutions (NYSE:DFIN) last released its quarterly earnings data on Thursday, July 30th. The company reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.13. The business had revenue of $224.20 million during the quarter, compared to analysts’ expectations of $221.40 million. Donnelley Financial Solutions had a net margin of 4.53% and a return on equity of 25.82%. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.49 EPS. Equities research analysts predict that Donnelley Financial Solutions will post 4.41 earnings per share for the current fiscal year.

Institutional Trading of Donnelley Financial Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the company. Blue Trust Inc. raised its holdings in Donnelley Financial Solutions by 109.4% in the 1st quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $30,000 after buying an additional 336 shares during the last quarter. Keating Financial Advisory Services Inc. bought a new stake in Donnelley Financial Solutions during the 2nd quarter worth approximately $29,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Donnelley Financial Solutions in the 4th quarter valued at approximately $70,000. Wealth Enhancement Advisory Services LLC increased its position in Donnelley Financial Solutions by 117.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,106 shares of the company’s stock valued at $98,000 after acquiring an additional 1,138 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in shares of Donnelley Financial Solutions by 64.0% during the second quarter. BNP Paribas Financial Markets now owns 2,973 shares of the company’s stock valued at $183,000 after acquiring an additional 1,160 shares during the last quarter. 93.84% of the stock is currently owned by institutional investors.

About Donnelley Financial Solutions

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.