Donnelley Financial Solutions (NYSE:DFIN) Given Average Rating of “Moderate Buy” by Analysts

Donnelley Financial Solutions (NYSE:DFIN) has been assigned a consensus rating of “Moderate Buy” from the five analysts that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on 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 topic of a number of recent research reports. Zacks Research cut Donnelley Financial Solutions from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Donnelley Financial Solutions in a research note on Friday, June 12th. DA Davidson cut their target price on 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, Wall Street Zen upgraded Donnelley Financial Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th.

Donnelley Financial Solutions Stock Performance

DFIN stock opened at $38.56 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a market capitalization of $963.18 million, a price-to-earnings ratio of 29.89 and a beta of 0.74. Donnelley Financial Solutions has a 1 year low of $36.11 and a 1 year high of $66.25. The stock’s fifty day moving average is $42.88 and its two-hundred day moving average is $46.39.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DFIN. Alliancebernstein L.P. increased its holdings in shares of Donnelley Financial Solutions by 1,842.6% during the second quarter. Alliancebernstein L.P. now owns 592,653 shares of the company’s stock valued at $36,537,000 after purchasing an additional 562,144 shares during the period. Alberta Investment Management Corp increased its holdings in shares of Donnelley Financial Solutions by 151.3% during the fourth quarter. Alberta Investment Management Corp now owns 879,600 shares of the company’s stock valued at $41,069,000 after purchasing an additional 529,600 shares during the period. Royce & Associates LP increased its holdings in shares of Donnelley Financial Solutions by 156.2% during the third quarter. Royce & Associates LP now owns 434,077 shares of the company’s stock valued at $22,325,000 after purchasing an additional 264,659 shares during the period. Simcoe Capital Management LLC increased its holdings in shares of Donnelley Financial Solutions by 34.0% during the second quarter. Simcoe Capital Management LLC now owns 1,037,735 shares of the company’s stock valued at $63,976,000 after purchasing an additional 263,570 shares during the period. Finally, Shapiro Capital Management LLC increased its holdings in shares of Donnelley Financial Solutions by 33.1% during the third quarter. Shapiro Capital Management LLC now owns 711,366 shares of the company’s stock valued at $36,586,000 after purchasing an additional 176,720 shares during the period. 93.84% of the stock is owned by institutional investors and hedge funds.

About Donnelley Financial Solutions

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.