MHH icon

Mastech Digital

14.70 USD
+0.21
1.45%
At close Dec 20, 4:00 PM EST
1 day
1.45%
5 days
-1.28%
1 month
10.53%
3 months
37.64%
6 months
103.04%
Year to date
80.15%
1 year
74.58%
5 years
39.34%
10 years
155.21%
 

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 6,809 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]

0.52% less ownership

Funds ownership: 17.77% [Q2] → 17.25% (-0.52%) [Q3]

3% less funds holding

Funds holding: 29 [Q2] → 28 (-1) [Q3]

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

Research analyst outlook

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

Financial journalist opinion

Neutral
PRNewsWire
5 days ago
Mastech Digital Names Nirav Patel as President and Chief Executive Officer and Member of the Board
Nirav Patel will join Mastech Digital on January 6, 2025. Vivek Gupta to Step Down as President and CEO and Director of the Board After 9 Years of Leadership.
Mastech Digital Names Nirav Patel as President and Chief Executive Officer and Member of the Board
Neutral
Seeking Alpha
1 month ago
Mastech Digital, Inc. (MHH) Q3 2024 Earnings Call Transcript
Mastech Digital, Inc. (NYSE:MHH ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Jenna Lacey – Manager-Legal Affairs Jack Cronin – Chief Financial Officer Vivek Gupta – Chief Executive Officer Conference Call Participants Lisa Thompson – Zacks Investment Research Marc Riddick – Sidoti Operator Greetings and welcome to the Mastech Digital Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Mastech Digital, Inc. (MHH) Q3 2024 Earnings Call Transcript
Neutral
PRNewsWire
1 month 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
1 month ago
Mastech Digital, Inc. to Discuss Third Quarter 2024 Financial Results on November 6, 2024
PITTSBURGH , Oct. 30, 2024 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, has scheduled a conference call to discuss the results for the third quarter ended September 30, 2024. The conference call will occur on Wednesday, November 6th at 9:00 a.m.
Mastech Digital, Inc. to Discuss Third Quarter 2024 Financial Results on November 6, 2024
Neutral
Seeking Alpha
4 months ago
Mastech Digital, Inc. (MHH) Q2 2024 Earnings Call Transcript
Mastech Digital, Inc. (NYSE:MHH ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Jennifer Lacey - Manager of Legal Affairs Jack Cronin - Chief Financial Officer Vivek Gupta - Chief Executive Officer Conference Call Participants Lisa Thompson - Zacks Investment Research Marc Riddick - Sidoti & Company Operator Greetings, and welcome to the Mastech Digital Q2 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Mastech Digital, Inc. (MHH) Q2 2024 Earnings Call Transcript
Neutral
PRNewsWire
4 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
Neutral
PRNewsWire
4 months ago
Mastech Digital, Inc. to Discuss Second Quarter 2024 Financial Results on August 7, 2024
PITTSBURGH , July 31, 2024 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, has scheduled a conference call to discuss the results for the second quarter ended June 30, 2024. The conference call will occur on Wednesday, August 7th at 9:00 a.m.
Mastech Digital, Inc. to Discuss Second Quarter 2024 Financial Results on August 7, 2024
Neutral
PRNewsWire
4 months ago
Mastech Digital, Inc. to Discuss First Quarter 2024 Financial Results on May 8, 2024
PITTSBURGH , July 31, 2024 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services, has scheduled a conference call to discuss the results for the first quarter ended March 31, 2024. The conference call will occur on Wednesday, May 8th at 9:00 a.m.
Mastech Digital, Inc. to Discuss First Quarter 2024 Financial Results on May 8, 2024
Positive
Seeking Alpha
5 months ago
Mastech Digital Is Cheap With Fortress Balance Sheet And Positive Outlook
Mastech Digital, Inc. has an IT Staffing services segment. MHH also has a Data & Analytics services segment that offers AI consulting services & solutions, primarily to the healthcare and financial sectors. Mastech Digital has a fortress balance sheet and low valuation based on absolute and relative valuation analysis.
Mastech Digital Is Cheap With Fortress Balance Sheet And Positive Outlook
Neutral
Seeking Alpha
7 months ago
Mastech Digital, Inc. (MHH) Q1 2024 Earnings Call Transcript
Mastech Digital, Inc. (NYSE:MHH ) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Jennifer Lacey - Manager of Legal Affairs Jack Cronin - Chief Financial Officer Vivek Gupta - Chief Executive Officer Conference Call Participants Lisa Thompson - Zacks Investment Research Timothy Call - Capital Management Corporation Marc Riddick - Sidoti & Company Operator Greetings, and welcome to the Mastech Digital First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Mastech Digital, Inc. (MHH) Q1 2024 Earnings Call Transcript
Charts implemented using Lightweight Charts™