We started the process of determining a valid price forecast for Mastech Digital Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Mastech Digital Inc ranked in the 76th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Mastech Digital Inc ended up being:
The business' balance sheet reveals debt to be 6% of the company's capital (with equity being the remaining amount). Approximately merely 16.45% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 0% of stocks in its sector (Industrials).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MHH, try OSK, CMCO, BGSF, ALG, and GFN.
Article Thesis The coronavirus crisis is having a devastating effect on employment and the tough situation will continue in the months to come. The drop in labor demand creates significant challenges for companies in the staffing sector. Amid the current uncertainty, investors have been avoiding stocks related to this industry...
Alborada Investments on Seeking Alpha | August 7, 2020
Mastech Digital, Inc. (MHH), one of the stocks with a Very Bullish Quant Rating in the Industrials sector, has recently presented its Q2 results. As my dear readers likely know, the quarter was overshadowed by the steepest U.S. GDP contraction on record, 32.9%. But though the macro environment, and especially...
PITTSBURGH, July 29, 2020 /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, 2020. Second Quarter 2020 Highlights: Total revenues declined 2% to…
PITTSBURGH, July 28, 2020 /PRNewswire/ -- Mastech Digital, Inc. (NYSE American: MHH), a leading provider of Digital Transformation IT Services (the "Company" or "Mastech Digital"), announced today the filing of a "universal shelf" registration statement on Form S-3 (the "Registration…
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, 2020. The conference call will occur on Wednesday, July 29th, at 9:00 a.m. Eastern Time and will be hosted by Mr. Vivek Gupta, CEO and Mr. Jack Cronin, CFO.