MHH stock icon

Mastech Digital

11.86 USD
-1.01
7.85%
At close Nov 15, 4:00 PM EST
After hours
12.29
+0.43
3.63%
1 day
-7.85%
5 days
0.51%
1 month
21.27%
3 months
26.04%
6 months
39.04%
Year to date
45.34%
1 year
38.07%
5 years
35.54%
10 years
104.13%
 

About: Mastech Digital Inc is a provider of Digital Transformation IT Services. The Company offers data & analytics solutions & IT staffing services for both digital & mainstream technologies. The Group has two segments. Its Data & Analytics Services segment delivers specialized data management, data engineering, customer experience consulting, data analytics & cloud services to customers globally. IT Staffing Services segment combines technical expertise with business process experience to deliver a broad range of services in digital & mainstream technologies. The company derives a majority of its revenue from IT staffing services. Geographically, the majority of revenue is generated from the United States.

Employees: 1,397

0
Funds holding %
of 6,704 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

29% more capital invested

Capital invested by funds: $15.5M [Q2] → $20M (+$4.55M) [Q3]

0.61% less ownership

Funds ownership: 17.77% [Q2] → 17.16% (-0.61%) [Q3]

7% less funds holding

Funds holding: 29 [Q2] → 27 (-2) [Q3]

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Research analyst outlook

We haven’t received any recent analyst ratings for MHH.

Financial journalist opinion

Based on 3 articles about MHH published over the past 30 days

Neutral
PRNewsWire
1 week ago
Mastech Digital Reports 8% Year-over-Year Revenue Growth and 5% Sequential Revenue Growth for the Third Quarter 2024
Consolidated Gross Margins of 28.5% Set a New Mastech Digital Record for the Quarter PITTSBURGH , Nov. 6, 2024 /PRNewswire/ -- Mastech Digital, Inc. (NYSE AMERICAN: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the third quarter ended September 30, 2024.   Third Quarter 2024 Highlights: Total consolidated revenues increased by $4.1 million on a year-over-year basis and by $2.3 million on a sequential quarterly basis to $51.8 million and represented our third consecutive quarter of revenue growth; The Company's Data and Analytics Services segment reported revenues of $9.4 million, which were 17% higher than revenues in the third quarter of 2023 and 6% higher on a sequential basis from the second quarter of 2024; The IT Staffing Services segment delivered revenues of $42.4 million, achieving year-over-year growth of 7% and sequential quarterly growth of 4% when compared to revenues reported in the second quarter of 2024; Gross margins achieved during the third quarter of 2024 were a Company performance record 28.5%, surpassing our previous gross margin record from the previous quarter; GAAP diluted earnings per share was $0.16 in the third quarter of 2024, versus $0.01 in the third quarter of 2023 and $0.12 in the second quarter of 2024; and Non-GAAP diluted earnings per share was $0.23 in the third quarter of 2024, versus $0.11 in the third quarter of 2023 and $0.19 in the second quarter of 2024.
Mastech Digital Reports 8% Year-over-Year Revenue Growth and 5% Sequential Revenue Growth for the Third Quarter 2024
Neutral
PRNewsWire
3 months ago
Mastech Digital Reports 6% Sequential Revenue Growth for the Second Quarter of 2024
Consolidated Gross Profit Margins of 28.2% Set a New Quarterly Record for Mastech Digital PITTSBURGH , Aug. 7, 2024 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, announced today its financial results for the second quarter ended June 30, 2024.   Second Quarter 2024 Highlights: Total consolidated revenues increased by $2.7 million on a sequential quarterly basis to $49.5 million and represented our second consecutive quarter of revenue growth; The Company's Data and Analytics Services segment reported revenues of $8.9 million, which were approximately 10% higher sequentially than revenues of $8.1 million reported in the first quarter of 2024; The IT Staffing Services segment reported revenues of $40.7 million, achieving sequential quarterly revenue growth of 5% when compared to revenues reported in the first quarter of 2024; Gross profit margins during the second quarter of 2024 achieved a Company quarterly performance record of 28.2%, as the Company's two business segments reported margin improvements on both a year-over-year and a sequential quarterly basis; GAAP diluted earnings (loss) per share was $0.12 profit in the second quarter of 2024, versus a ($0.19) loss in the second quarter of 2023 and a ($0.01) loss in the first quarter of 2024; and Non-GAAP diluted earnings per share was $0.19 in the second quarter of 2024, versus $0.11 in the second quarter of 2023 and $0.06 in the first quarter of 2024.
Mastech Digital Reports 6% Sequential Revenue Growth for the Second Quarter of 2024
Charts implemented using Lightweight Charts™