Analysts Set Expectations for Mastech Digital Q1 Earnings

Mastech Digital, Inc. (NYSE:MHH - Free Report) - Research analysts at Sidoti Csr reduced their Q1 2025 earnings per share estimates for Mastech Digital in a report released on Tuesday, April 1st. Sidoti Csr analyst M. Riddick now anticipates that the company will earn $0.04 per share for the quarter, down from their previous forecast of $0.17. The consensus estimate for Mastech Digital's current full-year earnings is $0.84 per share. Sidoti Csr also issued estimates for Mastech Digital's Q1 2025 earnings at $0.04 EPS, Q2 2025 earnings at $0.10 EPS, Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.15 EPS, FY2025 earnings at $0.44 EPS, FY2025 earnings at $0.44 EPS, FY2026 earnings at $0.84 EPS and FY2026 earnings at $0.84 EPS.

Mastech Digital (NYSE:MHH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.05. Mastech Digital had a return on equity of 8.20% and a net margin of 1.71%. During the same quarter last year, the company posted $0.11 EPS.

Separately, StockNews.com raised shares of Mastech Digital from a "buy" rating to a "strong-buy" rating in a research report on Friday, January 3rd.

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Mastech Digital Price Performance

Shares of NYSE:MHH traded down $0.10 on Friday, reaching $8.98. 11,800 shares of the company's stock were exchanged, compared to its average volume of 18,074. The business has a 50-day simple moving average of $9.86. Mastech Digital has a fifty-two week low of $7.15 and a fifty-two week high of $16.00. The company has a market cap of $105.45 million, a price-to-earnings ratio of 30.97, a price-to-earnings-growth ratio of 0.79 and a beta of 0.87.

Institutional Trading of Mastech Digital

Several hedge funds have recently made changes to their positions in MHH. Barclays PLC increased its position in Mastech Digital by 86.9% in the third quarter. Barclays PLC now owns 6,544 shares of the company's stock worth $65,000 after buying an additional 3,042 shares during the period. Virtu Financial LLC bought a new position in shares of Mastech Digital during the third quarter worth about $101,000. Marshall Wace LLP acquired a new stake in shares of Mastech Digital in the 4th quarter worth about $156,000. Citadel Advisors LLC bought a new stake in Mastech Digital in the 4th quarter valued at about $159,000. Finally, Millennium Management LLC acquired a new position in Mastech Digital during the 4th quarter valued at about $223,000. Institutional investors own 18.43% of the company's stock.

Mastech Digital Company Profile

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates through Data and Analytics Services and IT Staffing Services segments. It offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources.