Zacks: Brokerages Anticipate DST Systems, Inc. (DST) Will Post Earnings of $0.88 Per Share

Wall Street analysts expect DST Systems, Inc. (NYSE:DST) to announce earnings per share (EPS) of $0.88 for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for DST Systems’ earnings, with estimates ranging from $0.83 to $0.94. DST Systems posted earnings of $0.73 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 20.5%. The business is scheduled to announce its next quarterly earnings results on Thursday, April 26th.

According to Zacks, analysts expect that DST Systems will report full year earnings of $3.94 per share for the current year, with EPS estimates ranging from $3.58 to $4.15. For the next fiscal year, analysts expect that the company will post earnings of $4.45 per share, with EPS estimates ranging from $4.04 to $4.76. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that that provide coverage for DST Systems.

DST Systems (NYSE:DST) last issued its quarterly earnings results on Monday, January 29th. The technology company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.27. The company had revenue of $552.70 million for the quarter, compared to the consensus estimate of $538.38 million. DST Systems had a return on equity of 16.90% and a net margin of 20.35%. DST Systems’s revenue for the quarter was up 47.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.83 earnings per share.

A number of brokerages have issued reports on DST. Robert W. Baird downgraded DST Systems from an “outperform” rating to a “neutral” rating and set a $72.00 price target on the stock. in a research report on Wednesday, January 17th. Evercore ISI reiterated an “in-line” rating on shares of DST Systems in a research report on Friday, January 12th. DA Davidson downgraded DST Systems from a “buy” rating to a “neutral” rating and set a $72.00 price target on the stock. in a research report on Friday, January 12th. Zacks Investment Research downgraded DST Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Finally, Morgan Stanley increased their price target on DST Systems from $57.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. DST Systems presently has a consensus rating of “Hold” and a consensus price target of $68.50.

In other DST Systems news, VP Jonathan J. Boehm sold 20,000 shares of the stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $64.50, for a total transaction of $1,290,000.00. Following the completion of the transaction, the vice president now owns 75,518 shares of the company’s stock, valued at $4,870,911. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have acquired 877 shares of company stock valued at $59,820 in the last three months. Insiders own 1.82% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors acquired a new position in shares of DST Systems during the fourth quarter valued at approximately $100,000. Penserra Capital Management LLC raised its holdings in shares of DST Systems by 59.0% during the fourth quarter. Penserra Capital Management LLC now owns 2,705 shares of the technology company’s stock valued at $167,000 after acquiring an additional 1,004 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new position in shares of DST Systems during the fourth quarter valued at approximately $205,000. SeaCrest Wealth Management LLC acquired a new position in shares of DST Systems during the fourth quarter valued at approximately $207,000. Finally, Wade G W & Inc. acquired a new position in shares of DST Systems during the fourth quarter valued at approximately $209,000. 85.71% of the stock is owned by institutional investors and hedge funds.

Shares of DST Systems (DST) traded up $0.36 during mid-day trading on Monday, reaching $83.19. The company’s stock had a trading volume of 584,000 shares, compared to its average volume of 1,799,076. The stock has a market capitalization of $4,930.74, a P/E ratio of 11.56, a P/E/G ratio of 2.11 and a beta of 1.60. The company has a quick ratio of 1.09, a current ratio of 1.07 and a debt-to-equity ratio of 0.43. DST Systems has a 52 week low of $50.22 and a 52 week high of $84.48.

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About DST Systems

DST Systems, Inc (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through data management, business processing and customer communications solutions to clients within the asset management, brokerage, retirement and healthcare markets.

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Earnings History and Estimates for DST Systems (NYSE:DST)

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