Mastech Digital, Inc. (NYSE:MHH – Free Report) – Analysts at Zacks Research decreased their FY2027 earnings estimates for shares of Mastech Digital in a report issued on Friday, October 30th. Zacks Research analyst L. Thompson now expects that the company will earn $0.26 per share for the year, down from their previous estimate of $0.81. The consensus estimate for Mastech Digital’s current full-year earnings is $0.84 per share.
Mastech Digital Price Performance
NYSE MHH opened at $6.37 on Friday. The firm’s fifty day moving average price is $6.91 and its 200 day moving average price is $6.93. The company has a market capitalization of $76.62 million, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 0.79 and a beta of 0.85. Mastech Digital has a 12 month low of $5.50 and a 12 month high of $8.37.
Insiders Place Their Bets
In related news, major shareholder Steven A. Shaw purchased 5,000 shares of Mastech Digital stock in a transaction that occurred on Friday, August 21st. The stock was purchased at an average cost of $7.47 per share, with a total value of $37,350.00. Following the completion of the transaction, the insider directly owned 55,000 shares in the company, valued at approximately $410,850. The trade was a 10.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired 9,700 shares of company stock valued at $67,376 over the last three months. 42.90% of the stock is owned by insiders.
Institutional Trading of Mastech Digital
Hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Mastech Digital during the second quarter worth about $840,000. Janney Montgomery Scott LLC lifted its holdings in shares of Mastech Digital by 57.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,278 shares of the company’s stock valued at $121,000 after purchasing an additional 7,800 shares during the last quarter. Capital Management Corp VA boosted its position in shares of Mastech Digital by 3.2% in the 3rd quarter. Capital Management Corp VA now owns 1,040,085 shares of the company’s stock valued at $7,281,000 after purchasing an additional 31,855 shares during the period. Blueprint Investment Partners LLC acquired a new stake in shares of Mastech Digital in the 3rd quarter valued at about $350,000. Finally, Blueprint Financial Advisors LLC acquired a new stake in shares of Mastech Digital in the 3rd quarter valued at about $350,000. Institutional investors and hedge funds own 18.43% of the company’s stock.
Trending Headlines about Mastech Digital
Here are the key news stories impacting Mastech Digital this week:
- Positive Sentiment: Sidoti increased its FY2026 EPS forecast to $0.11 from $0.08 and nudged its Q4 2026 estimate up to a loss of $0.03 per share from a loss of $0.04. Mastech Digital analyst estimates
- Neutral Sentiment: Analysts disagree on near-term earnings: Sidoti forecasts a Q4 2026 loss of $0.03 per share, while Zacks expects earnings of $0.05. Sidoti projects quarterly EPS rising from $0.11 in Q1 2027 to $0.21 in Q3 and Q4. Mastech Digital analyst estimates
- Negative Sentiment: Both Sidoti and Zacks cut their FY2027 EPS forecasts from $0.81: Sidoti now expects $0.66, while Zacks reduced its estimate sharply to $0.26. These downward revisions suggest weaker expected profitability and could weigh on investor sentiment. Mastech Digital analyst estimates
About Mastech Digital
Mastech Digital, Inc is a digital transformation and information technology services company headquartered in Pittsburgh, Pennsylvania. The company helps organizations use data, cloud technologies and modern software platforms to improve business operations and support digital initiatives.
Its services include data management and analytics, business intelligence, artificial intelligence and machine learning, cloud and application modernization, automation, and digital engineering. Through its Mastech Infotrellis business, the company has also provided consulting and implementation services focused on enterprise data management, data integration and analytics.
Mastech traces its history to 1986 and has served clients across industries including financial services, healthcare, manufacturing, retail and technology.
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