Somewhat Favorable Press Coverage Somewhat Unlikely to Affect DST Systems (DST) Share Price
Media stories about DST Systems (NYSE:DST) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DST Systems earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.443992839264 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
DST has been the topic of several research reports. BidaskClub lowered DST Systems from a “sell” rating to a “strong sell” rating in a research report on Friday, August 4th. Zacks Investment Research lowered DST Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Morgan Stanley upped their price target on DST Systems from $57.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. Finally, Robert W. Baird reissued a “buy” rating and set a $68.00 price target on shares of DST Systems in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $68.00.
Shares of DST Systems (NYSE DST) opened at $58.96 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market capitalization of $3,587.92, a P/E ratio of 19.38, a P/E/G ratio of 1.93 and a beta of 1.35. DST Systems has a 52-week low of $49.84 and a 52-week high of $62.94.
DST Systems (NYSE:DST) last issued its earnings results on Friday, October 20th. The technology company reported $0.76 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.03. DST Systems had a return on equity of 16.20% and a net margin of 21.26%. The firm had revenue of $562.60 million for the quarter, compared to analyst estimates of $523.57 million. During the same period last year, the company earned $0.77 earnings per share. The firm’s revenue for the quarter was up 45.5% on a year-over-year basis. research analysts predict that DST Systems will post 3.08 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Wednesday, November 22nd will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Tuesday, November 21st. DST Systems’s dividend payout ratio is presently 10.63%.
DST Systems Company Profile
DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.
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