Mastech Digital (NYSE:MHH) Earns Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Mastech Digital (NYSE:MHHGet Rating) in a report published on Thursday. The brokerage issued a buy rating on the stock.

Shares of Mastech Digital stock opened at $18.59 on Thursday. The business has a 50-day simple moving average of $19.06. The stock has a market cap of $214.29 million, a P/E ratio of 16.90, a P/E/G ratio of 0.71 and a beta of 0.52. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.01 and a current ratio of 2.01. Mastech Digital has a 1 year low of $14.00 and a 1 year high of $21.83.

Mastech Digital (NYSE:MHHGet Rating) last posted its quarterly earnings data on Wednesday, February 9th. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02). The firm had revenue of $59.05 million for the quarter, compared to the consensus estimate of $59.91 million. Mastech Digital had a return on equity of 19.26% and a net margin of 5.76%. Research analysts forecast that Mastech Digital will post 1.25 earnings per share for the current year.

About Mastech Digital (Get Rating)

Mastech Digital, Inc, together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. It operates through two segments, Data and Analytics Services, and IT Staffing Services. The company 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.

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