Donnelley Financial Solutions Inc (NYSE:DFIN) Director Jeffrey Jacobowitz acquired 284,300 shares of the stock in a transaction dated Wednesday, November 27th. The stock was acquired at an average cost of $9.93 per share, with a total value of $2,823,099.00. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
DFIN stock opened at $10.00 on Thursday. The stock has a 50-day moving average price of $10.39 and a two-hundred day moving average price of $11.88. Donnelley Financial Solutions Inc has a 12-month low of $9.24 and a 12-month high of $17.09. The company has a current ratio of 1.38, a quick ratio of 1.31 and a debt-to-equity ratio of 1.61. The company has a market cap of $344.37 million, a PE ratio of 4.63, a price-to-earnings-growth ratio of 13.29 and a beta of 1.79.
Donnelley Financial Solutions (NYSE:DFIN) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.34. Donnelley Financial Solutions had a return on equity of 12.22% and a net margin of 3.35%. The firm had revenue of $195.90 million during the quarter, compared to the consensus estimate of $209.80 million. Equities analysts forecast that Donnelley Financial Solutions Inc will post 0.59 EPS for the current fiscal year.
A number of brokerages have recently commented on DFIN. DA Davidson lowered their price objective on Donnelley Financial Solutions from $25.00 to $21.00 and set a “buy” rating for the company in a research report on Tuesday, October 22nd. TheStreet raised Donnelley Financial Solutions from a “d+” rating to a “c” rating in a research report on Monday, September 23rd. B. Riley began coverage on Donnelley Financial Solutions in a research report on Wednesday, October 16th. They issued a “buy” rating and a $16.00 price objective for the company. Zacks Investment Research downgraded Donnelley Financial Solutions from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Finally, ValuEngine raised Donnelley Financial Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $16.00.
Donnelley Financial Solutions Company Profile
Donnelley Financial Solutions, Inc operates as a risk and compliance solutions company in the United States, Europe, Asia, Canada, and Latin America. The Company provides regulatory filing and deal solutions through its software-as-a-service, technology-enabled services, and print and distribution solutions to public and private companies, mutual funds, and other regulated investment firms to serve their regulatory and compliance needs.
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