Donnelley Financial Solutions (NYSE:DFIN) Issues Earnings Results, Misses Estimates By $0.22 EPS

Donnelley Financial Solutions (NYSE:DFIN) issued its quarterly earnings data on Tuesday. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.22), Zacks reports. Donnelley Financial Solutions had a net margin of 12.06% and a return on equity of 22.70%.

Donnelley Financial Solutions Price Performance

NYSE:DFIN opened at $65.78 on Tuesday. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 20.56 and a beta of 1.36. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.15 and a quick ratio of 1.15. The business has a 50 day simple moving average of $63.40 and a 200-day simple moving average of $63.73. Donnelley Financial Solutions has a 1 year low of $56.02 and a 1 year high of $71.01.

Insider Activity at Donnelley Financial Solutions

In other news, CFO David A. Gardella sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $62.68, for a total transaction of $188,040.00. Following the transaction, the chief financial officer now owns 197,406 shares of the company’s stock, valued at approximately $12,373,408.08. This represents a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 11.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DFIN shares. Needham & Company LLC reiterated a “buy” rating and set a $79.00 price target on shares of Donnelley Financial Solutions in a research note on Wednesday, January 15th. B. Riley cut their price objective on Donnelley Financial Solutions from $80.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).