Analysts Set Expectations for Mastech Digital Q1 Earnings

Mastech Digital, Inc. (NYSE:MHH) – Equities researchers at Sidoti Csr cut their Q1 2025 earnings per share (EPS) estimates for 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 prior forecast 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 shares of Mastech Digital from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 3rd.

Mastech Digital Stock Down 2.9 %

MHH stock opened at $9.08 on Friday. Mastech Digital has a 52 week low of $7.15 and a 52 week high of $16.00. The business has a 50-day simple moving average of $9.92 and a 200 day simple moving average of $12.44. The company has a market cap of $106.63 million, a PE ratio of 31.31, a price-to-earnings-growth ratio of 0.79 and a beta of 0.77.

Mastech Digital (NYSE:MHH) last posted its earnings results on Wednesday, February 19th. The company reported $0.23 earnings per share 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 prior year, the company earned $0.11 earnings per share.

Institutional Trading of Mastech Digital

Large investors have recently bought and sold shares of the business. Barclays PLC boosted its stake in shares of Mastech Digital by 24.1% in the 4th quarter. Barclays PLC now owns 8,120 shares of the company’s stock valued at $122,000 after purchasing an additional 1,576 shares in the last quarter. Renaissance Technologies LLC boosted its position in 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 in the last quarter. Geode Capital Management LLC grew its stake in shares of Mastech Digital by 7.6% during the fourth quarter. Geode Capital Management LLC now owns 51,384 shares of the company’s stock worth $766,000 after buying an additional 3,631 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Mastech Digital by 1.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 238,705 shares of the company’s stock worth $3,557,000 after buying an additional 3,922 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in shares of Mastech Digital by 19.5% in the 3rd quarter. HighTower Advisors LLC now owns 41,815 shares of the company’s stock valued at $417,000 after acquiring an additional 6,809 shares during the last quarter. 18.43% of the stock is owned by institutional investors and hedge funds.

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.