Mastech Holdings Stock Today

MHH Stock  USD 9.00  0.10  1.12%   

Performance

5 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 8

 
100  
 
Zero
Low
Mastech Holdings is trading at 9.00 as of the 29th of March 2024. This is a 1.12 percent increase since the beginning of the trading day. The stock's open price was 8.9. Mastech Holdings has only a 8 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Mastech Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
19th of September 2008
Category
Industrials
Mastech Digital, Inc., together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. Mastech Digital, Inc. was founded in 1986 and is headquartered in Pittsburgh, Pennsylvania. The company has 11.61 M outstanding shares of which 10.17 K shares are now shorted by investors with about 3.15 days to cover. More on Mastech Holdings

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Mastech Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mastech Holdings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mastech Holdings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorKevin Horner
Old Names[MEDISANA , MEDISANA , MEDISANA - Dusseldorf Stock Exchang, MEDISANA , MEDISANA (MHH.SG), MEDISANA - Frankfurt Stock Exchang, Magellan High Conviction Trust]
Business ConcentrationHuman Resource & Employment Services, Commercial & Professional Services, Industrials, Industrials, Professional Services, Staffing & Employment Services, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Mastech Holdings report their recommendations after researching Mastech Holdings' financial statements, talking to executives and customers, or listening in on Mastech Holdings' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Mastech Holdings. The Mastech consensus assessment is calculated by taking the average forecast from all of the analysts covering Mastech Holdings.
Financial Strength
Based on the key indicators related to Mastech Holdings' liquidity, profitability, solvency, and operating efficiency, Mastech Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Mastech Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.821.9111
Notably Down
Slightly volatile
Gross Profit Margin0.180.24
Way Down
Slightly volatile
Total Current Liabilities14.1 M19.9 M
Way Down
Slightly volatile
Non Current Liabilities Total3.7 M3.9 M
Notably Down
Pretty Stable
Total Assets57.8 M105.2 M
Way Down
Slightly volatile
Total Current Assets31.2 M56.5 M
Way Down
Slightly volatile
Mastech Holdings' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mastech Holdings' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mastech Holdings' financial leverage. It provides some insight into what part of Mastech Holdings' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Mastech Holdings' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Mastech Holdings deploys its capital and how much of that capital is borrowed.
Liquidity
Mastech Holdings cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 5.08 M in debt with debt to equity (D/E) ratio of 0.19, which may show that the company is not taking advantage of profits from borrowing. Mastech Holdings has a current ratio of 2.19, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Mastech Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Mastech Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mastech Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mastech to invest in growth at high rates of return. When we think about Mastech Holdings' use of debt, we should always consider it together with cash and equity.

Begin Period Cash Flow

4.18 Million
Mastech Holdings (MHH) is traded on NYSE MKT Exchange in USA. It is located in Building 210, Pittsburgh, PA, United States, 15108 and employs 1,397 people. Mastech Holdings is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 104.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mastech Holdings's market, we take the total number of its shares issued and multiply it by Mastech Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mastech Holdings runs under Professional Services sector within Industrials industry. The entity has 11.61 M outstanding shares of which 10.17 K shares are now shorted by investors with about 3.15 days to cover. Mastech Holdings has about 7.06 M in cash with 15.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58.
Check Mastech Holdings Probability Of Bankruptcy
Ownership Allocation
Mastech Holdings holds a total of 11.61 Million outstanding shares. Mastech Holdings secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 71.73 % of Mastech Holdings outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Mastech Ownership Details

Mastech Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Mastech Holdings jumping above the current price in 90 days from now is roughly 2.28%. The Mastech Holdings probability density function shows the probability of Mastech Holdings stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Mastech Holdings has a beta of 0.4709. This indicates as returns on the market go up, Mastech Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mastech Holdings will be expected to be much smaller as well. Additionally, mastech Holdings has an alpha of 0.0604, implying that it can generate a 0.0604 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 9.0HorizonTargetOdds Above 9.0
97.66%90 days
 9.00 
2.28%
Based on a normal probability distribution, the odds of Mastech Holdings to move above the current price in 90 days from now is roughly 2.28 (This Mastech Holdings probability density function shows the probability of Mastech Stock to fall within a particular range of prices over 90 days) .

Mastech Holdings Historical Income Statement

Mastech Holdings Income Statement is one of the three primary financial statements used for reporting Mastech's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Mastech Holdings revenue and expense. Mastech Holdings Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Mastech Holdings' Non Operating Income Net Other is increasing as compared to previous years. The Mastech Holdings' current Net Interest Income is estimated to increase to about 210 K, while Selling General Administrative is projected to decrease to under 17.5 M. View More Fundamentals

Mastech Stock Against Markets

Picking the right benchmark for Mastech Holdings stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Mastech Holdings stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Mastech Holdings is critical whether you are bullish or bearish towards Mastech Holdings at a given time. Please also check how Mastech Holdings' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mastech Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Mastech Holdings Corporate Executives

Elected by the shareholders, the Mastech Holdings' board of directors comprises two types of representatives: Mastech Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mastech. The board's role is to monitor Mastech Holdings' management team and ensure that shareholders' interests are well served. Mastech Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mastech Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
John CroninChief Financial Officer, Corporate SecretaryProfile

How to buy Mastech Stock?

Before investing in Mastech Holdings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Mastech Holdings. To buy Mastech Holdings stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Mastech Holdings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Mastech Holdings stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Mastech Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Mastech Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Mastech Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Mastech Stock please use our How to Invest in Mastech Holdings guide.

Already Invested in Mastech Holdings?

The danger of trading Mastech Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Mastech Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Mastech Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mastech Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Mastech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mastech Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mastech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastech Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mastech Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.
Note that the Mastech Holdings information on this page should be used as a complementary analysis to other Mastech Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Mastech Holdings' price analysis, check to measure Mastech Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mastech Holdings is operating at the current time. Most of Mastech Holdings' value examination focuses on studying past and present price action to predict the probability of Mastech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mastech Holdings' price. Additionally, you may evaluate how the addition of Mastech Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Mastech Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mastech Holdings. If investors know Mastech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mastech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
(0.61)
Revenue Per Share
17.317
Quarterly Revenue Growth
(0.20)
Return On Assets
(0.01)
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mastech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mastech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastech Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.