Q1 EPS Estimates for Mastech Digital Reduced by Sidoti Csr

Mastech Digital, Inc. (NYSE:MHH) – Equities research analysts at Sidoti Csr cut their Q1 2025 EPS estimates for shares of Mastech Digital in a report released 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 previous 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.

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

Mastech Digital Trading Down 1.1 %

Shares of MHH opened at $8.98 on Friday. Mastech Digital has a 12-month low of $7.15 and a 12-month high of $16.00. The company’s 50-day moving average price is $9.86 and its 200 day moving average price is $12.32. The firm has a market cap of $105.45 million, a P/E ratio of 30.97, a price-to-earnings-growth ratio of 0.79 and a beta of 0.87.

Mastech Digital (NYSE:MHH) last posted its earnings results on Wednesday, February 19th. The company reported $0.23 EPS for the quarter, beating 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 period in the prior year, the company earned $0.11 EPS.

Institutional Investors Weigh In On Mastech Digital

Hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC grew its stake in Mastech Digital by 86.9% in the 3rd quarter. Barclays PLC now owns 6,544 shares of the company’s stock worth $65,000 after acquiring an additional 3,042 shares during the period. Virtu Financial LLC acquired a new position in Mastech Digital in the third quarter valued at $101,000. Marshall Wace LLP purchased a new position in Mastech Digital during the fourth quarter worth about $156,000. Citadel Advisors LLC acquired a new stake in Mastech Digital in the 4th quarter worth about $159,000. Finally, Millennium Management LLC purchased a new stake in Mastech Digital in the 4th quarter valued at about $223,000. 18.43% of the stock is currently owned by hedge funds and other institutional investors.

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.