Q1 EPS Estimates for Mastech Digital Lowered by Sidoti Csr

Mastech Digital, Inc. (NYSE:MHH) – Stock analysts at Sidoti Csr lowered their Q1 2025 earnings per share (EPS) estimates for Mastech Digital in a report 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 posted its earnings results on Wednesday, February 19th. The company reported $0.23 EPS for the quarter, beating the consensus estimate 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 period in the previous year, the company posted $0.11 EPS.

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

Mastech Digital Stock Performance

Shares of MHH opened at $8.98 on Friday. Mastech Digital has a one year low of $7.15 and a one year high of $16.00. The stock’s fifty day moving average is $9.86 and its 200-day moving average is $12.32. The firm has a market capitalization of $105.45 million, a price-to-earnings ratio of 30.97, a price-to-earnings-growth ratio of 0.79 and a beta of 0.87.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MHH. Barclays PLC lifted its position in Mastech Digital by 24.1% in the fourth quarter. Barclays PLC now owns 8,120 shares of the company’s stock worth $122,000 after purchasing an additional 1,576 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Mastech Digital by 2.4% in the fourth quarter. Renaissance Technologies LLC now owns 111,727 shares of the company’s stock valued at $1,665,000 after buying an additional 2,600 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Mastech Digital by 7.6% in the fourth quarter. Geode Capital Management LLC now owns 51,384 shares of the company’s stock valued at $766,000 after buying an additional 3,631 shares during the period. Dimensional Fund Advisors LP boosted its stake in Mastech Digital by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 238,705 shares of the company’s stock valued at $3,557,000 after buying an additional 3,922 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in Mastech Digital by 19.5% during the third quarter. HighTower Advisors LLC now owns 41,815 shares of the company’s stock worth $417,000 after acquiring an additional 6,809 shares during the period. Institutional investors and hedge funds own 18.43% of the company’s stock.

About Mastech Digital

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.