Donnelley Financial Solutions Inc (DFIN) Expected to Post Earnings of $0.16 Per Share

Brokerages expect Donnelley Financial Solutions Inc (NYSE:DFIN) to post earnings per share of $0.16 for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Donnelley Financial Solutions’ earnings. The highest EPS estimate is $0.19 and the lowest is $0.14. Donnelley Financial Solutions posted earnings per share of $0.13 during the same quarter last year, which suggests a positive year-over-year growth rate of 23.1%. The company is expected to announce its next earnings results on Tuesday, February 27th.

According to Zacks, analysts expect that Donnelley Financial Solutions will report full-year earnings of $1.54 per share for the current fiscal year, with EPS estimates ranging from $1.52 to $1.57. For the next year, analysts anticipate that the firm will post earnings of $1.75 per share, with EPS estimates ranging from $1.63 to $1.88. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Donnelley Financial Solutions.

A number of brokerages have weighed in on DFIN. Zacks Investment Research raised shares of Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Citigroup reissued a “neutral” rating and set a $22.00 price target on shares of Donnelley Financial Solutions in a research report on Thursday, November 16th. BidaskClub downgraded shares of Donnelley Financial Solutions from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. Finally, ValuEngine downgraded shares of Donnelley Financial Solutions from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Donnelley Financial Solutions currently has a consensus rating of “Hold” and an average price target of $23.33.

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Donnelley Financial Solutions by 20.1% in the 2nd quarter. Vanguard Group Inc. now owns 2,922,945 shares of the company’s stock worth $67,111,000 after purchasing an additional 489,428 shares during the period. FMR LLC grew its position in Donnelley Financial Solutions by 251.6% in the 2nd quarter. FMR LLC now owns 1,576,216 shares of the company’s stock worth $36,190,000 after purchasing an additional 1,127,910 shares during the period. Lord Abbett & CO. LLC grew its position in Donnelley Financial Solutions by 466.8% in the 2nd quarter. Lord Abbett & CO. LLC now owns 787,399 shares of the company’s stock worth $18,079,000 after purchasing an additional 648,482 shares during the period. State Street Corp grew its position in Donnelley Financial Solutions by 21.4% in the 2nd quarter. State Street Corp now owns 705,116 shares of the company’s stock worth $16,182,000 after purchasing an additional 124,223 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Donnelley Financial Solutions by 45.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 541,324 shares of the company’s stock worth $12,429,000 after purchasing an additional 168,498 shares during the period. 85.48% of the stock is owned by institutional investors and hedge funds.

Shares of Donnelley Financial Solutions (DFIN) opened at $19.86 on Tuesday. Donnelley Financial Solutions has a 1-year low of $18.06 and a 1-year high of $27.08. The company has a market cap of $658.84, a PE ratio of 20.06, a price-to-earnings-growth ratio of 13.39 and a beta of 2.83. The company has a quick ratio of 1.44, a current ratio of 1.57 and a debt-to-equity ratio of 2.81.

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About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.

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