DST Systems, Inc. (DST) to Release Earnings on Wednesday
DST Systems, Inc. (NYSE:DST) will post its quarterly earnings results on Wednesday, October 18th.
DST Systems (NYSE:DST) last posted its quarterly earnings results on Thursday, July 27th. The technology company reported $0.76 EPS for the quarter, missing the Zacks’ consensus estimate of $0.78 by ($0.02). DST Systems had a net margin of 35.46% and a return on equity of 16.79%. The firm had revenue of $656.20 million for the quarter, compared to analysts’ expectations of $541.90 million. During the same quarter in the previous year, the company earned $1.42 EPS. The company’s quarterly revenue was up 68.0% compared to the same quarter last year. On average, analysts expect DST Systems to post $3.05 EPS for the current fiscal year and $3.58 EPS for the next fiscal year.
Shares of DST Systems, Inc. (DST) opened at 56.01 on Wednesday. The stock’s 50 day moving average is $53.00 and its 200-day moving average is $57.83. DST Systems, Inc. has a 12-month low of $47.26 and a 12-month high of $62.94. The stock has a market cap of $3.39 billion, a PE ratio of 5.65 and a beta of 1.31.
Several research analysts recently commented on DST shares. DA Davidson started coverage on shares of DST Systems in a research note on Wednesday, June 21st. They set a “buy” rating and a $72.00 price objective for the company. Zacks Investment Research lowered shares of DST Systems from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, BidaskClub lowered shares of DST Systems from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.
In other DST Systems news, CFO Gregg Wm Givens sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, July 14th. The shares were sold at an average price of $61.36, for a total transaction of $1,227,200.00. Following the sale, the chief financial officer now owns 55,871 shares of the company’s stock, valued at approximately $3,428,244.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders have acquired 1,112 shares of company stock worth $59,822. 1.82% of the stock is owned by insiders.
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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