Q1 EPS Estimates for Mastech Digital Decreased by Sidoti Csr

Mastech Digital, Inc. (NYSE:MHH - Free Report) - Analysts at Sidoti Csr reduced their Q1 2025 EPS estimates for Mastech Digital in a research note issued to investors on Tuesday, April 1st. Sidoti Csr analyst M. Riddick now anticipates that the company will post earnings per share of $0.04 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.

Separately, StockNews.com upgraded Mastech Digital from a "buy" rating to a "strong-buy" rating in a research note on Friday, January 3rd.

Mastech Digital Price Performance

Shares of MHH traded down $0.41 during trading hours on Friday, hitting $8.05. The stock had a trading volume of 8,600 shares, compared to its average volume of 18,225. The firm has a market capitalization of $94.53 million, a PE ratio of 27.76, a PEG ratio of 0.79 and a beta of 0.87. Mastech Digital has a 12 month low of $7.15 and a 12 month high of $16.00. The stock has a fifty day moving average price of $9.39 and a 200 day moving average price of $11.80.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP increased its stake in shares of Mastech Digital by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 238,705 shares of the company's stock worth $3,557,000 after purchasing an additional 3,922 shares in the last quarter. Renaissance Technologies LLC increased its position in Mastech Digital by 2.4% in the fourth quarter. Renaissance Technologies LLC now owns 111,727 shares of the company's stock worth $1,665,000 after buying an additional 2,600 shares in the last quarter. Geode Capital Management LLC increased its position in Mastech Digital by 7.6% in the fourth quarter. Geode Capital Management LLC now owns 51,384 shares of the company's stock worth $766,000 after buying an additional 3,631 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Mastech Digital by 19.5% in the third quarter. HighTower Advisors LLC now owns 41,815 shares of the company's stock worth $417,000 after buying an additional 6,809 shares during the period. Finally, Northern Trust Corp lifted its position in shares of Mastech Digital by 74.3% during the 4th quarter. Northern Trust Corp now owns 25,631 shares of the company's stock valued at $382,000 after buying an additional 10,930 shares in the last quarter. Hedge funds and other 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.