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

Donnelley Financial Solutions (NYSE:DFIN) has been assigned an average rating of “Buy” from the five research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $59.50.

DFIN has been the subject of several analyst reports. Zacks Research upgraded Donnelley Financial Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Wall Street Zen lowered Donnelley Financial Solutions from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 27th. DA Davidson cut their price target on shares of Donnelley Financial Solutions from $66.00 to $62.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a report on Friday, June 12th.

Institutional Trading of Donnelley Financial Solutions

Institutional investors have recently made changes to their positions in the business. Blue Trust Inc. lifted its position in Donnelley Financial Solutions by 109.4% during the 1st quarter. Blue Trust Inc. now owns 643 shares of the company’s stock worth $30,000 after buying an additional 336 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Donnelley Financial Solutions during the 4th quarter worth about $70,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of 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 in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Donnelley Financial Solutions by 64.0% in the 2nd 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 in the last quarter. Finally, Vestcor Inc acquired a new stake in shares of Donnelley Financial Solutions in the third quarter valued at about $160,000. Institutional investors own 93.84% of the company’s stock.

Donnelley Financial Solutions Trading Down 0.9%

Shares of DFIN traded down $0.41 on Friday, reaching $44.62. 156,436 shares of the company’s stock were exchanged, compared to its average volume of 301,274. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $1.11 billion, a P/E ratio of 34.59 and a beta of 0.72. The business has a 50 day moving average price of $40.79 and a two-hundred day moving average price of $46.12. Donnelley Financial Solutions has a 12 month low of $36.11 and a 12 month high of $65.78.

Donnelley Financial Solutions (NYSE:DFIN) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.10. Donnelley Financial Solutions had a return on equity of 24.80% and a net margin of 4.52%.The business had revenue of $205.50 million during the quarter, compared to analysts’ expectations of $204.80 million. During the same period in the previous year, the firm earned $1.24 earnings per share. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. Research analysts anticipate that Donnelley Financial Solutions will post 4.46 earnings per share for the current year.

Donnelley Financial Solutions Company Profile

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.