Citigroup Inc. began coverage on shares of Donnelley Financial Solutions Inc (NASDAQ:DFIN) in a research report report published on Monday, Marketbeat.com reports. The firm issued a neutral rating and a $25.00 price target on the stock.
Donnelley Financial Solutions (NASDAQ DFIN) traded down 1.92% during trading on Monday, reaching $23.01. The company’s stock had a trading volume of 131,706 shares. The stock has a 50 day moving average price of $22.64 and a 200 day moving average price of $21.89. The stock has a market capitalization of $754.71 million and a PE ratio of 13.78. Donnelley Financial Solutions has a 1-year low of $18.02 and a 1-year high of $29.00.
Donnelley Financial Solutions (NASDAQ:DFIN) last released its quarterly earnings results on Thursday, May 4th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.11. The firm had revenue of $267.30 million for the quarter, compared to the consensus estimate of $239.30 million. Donnelley Financial Solutions had a return on equity of 31.67% and a net margin of 3.48%. The firm’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.43 EPS. Analysts anticipate that Donnelley Financial Solutions will post $1.62 earnings per share for the current fiscal year.
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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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