Q1 EPS Estimates for Mastech Digital Decreased by Sidoti Csr

Mastech Digital, Inc. (NYSE:MHH) – Analysts at Sidoti Csr cut their Q1 2025 earnings per share estimates for Mastech Digital in a research note issued on Tuesday, April 1st. Sidoti Csr analyst M. Riddick now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their prior estimate of $0.17. The consensus estimate for Mastech Digital’s current full-year earnings is $0.84 per share. Sidoti Csr also issued estimates for Mastech Digital’s Q1 2025 earnings at $0.04 EPS, Q2 2025 earnings at $0.10 EPS, Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.16 EPS, Q3 2025 earnings at $0.16 EPS, Q4 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.15 EPS, FY2025 earnings at $0.44 EPS, FY2025 earnings at $0.44 EPS, FY2026 earnings at $0.84 EPS and FY2026 earnings at $0.84 EPS.

Mastech Digital (NYSE:MHH) last issued its earnings results on Wednesday, February 19th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.05. Mastech Digital had a return on equity of 8.20% and a net margin of 1.71%. During the same quarter in the previous year, the company posted $0.11 earnings per share.

Separately, StockNews.com upgraded shares of Mastech Digital from a “buy” rating to a “strong-buy” rating in a report on Friday, January 3rd.

Mastech Digital Stock Down 1.1 %

MHH opened at $8.98 on Friday. Mastech Digital has a 52-week low of $7.15 and a 52-week high of $16.00. The company has a 50 day moving average of $9.86 and a two-hundred day moving average of $12.32. The company has a market cap of $105.45 million, a P/E ratio of 30.97, a P/E/G ratio of 0.79 and a beta of 0.87.

Institutional Investors Weigh In On Mastech Digital

Institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC raised its holdings in shares of Mastech Digital by 86.9% during the 3rd quarter. Barclays PLC now owns 6,544 shares of the company’s stock valued at $65,000 after buying an additional 3,042 shares during the period. Virtu Financial LLC acquired a new stake in Mastech Digital in the third quarter valued at approximately $101,000. Marshall Wace LLP purchased a new stake in shares of Mastech Digital during the fourth quarter valued at approximately $156,000. Citadel Advisors LLC acquired a new position in shares of Mastech Digital during the fourth quarter worth $159,000. Finally, Millennium Management LLC acquired a new position in shares of Mastech Digital during the fourth quarter worth $223,000. Hedge funds and other institutional investors own 18.43% of the company’s stock.

Mastech Digital Company Profile

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates through Data and Analytics Services and IT Staffing Services segments. It offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources.